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RegulationChangpeng Zhao, Binance’s founder, expressed surprise over a presidential pardon from Donald Trump, firmly denying any business ties to the Trump family or their crypto ventures despite swirling rumors.
InvestmentAmerican Bitcoin, backed by Eric and Donald Trump Jr., expanded its Bitcoin stash to over 4,000 BTC, showcasing a strategic move to strengthen their crypto treasury amid a challenging mining landscape.
CentralBankItalian banks showed support for the digital euro while urging the ECB to spread out implementation costs over several years to ease financial pressures on the banking sector.
MarketAll 12 U.S. Bitcoin spot ETFs experienced a massive $558 million outflow in a single day, marking one of the biggest withdrawals since their launch, while Solana ETFs continued a nine-day inflow streak.
NFTNFT sales plunged 14% to $84 million with CryptoPunks sales dropping 25%, highlighting a slowdown in the NFT market alongside a sharp decrease in buyer participation and notable wash trading activity.
TechnologySouth Korean retail investors shifted focus from crypto memecoins to AI and semiconductor stocks, fueling a tech rally that’s positioning South Korea as a key player in the global AI chip revolution.
(OpenAI, gpt-image-1-mini)