📌 Daily Summary
● LIVE TRACKINGIn a significant market development, the US Justice Department has launched an investigation into Binance regarding its transactions related to Iran, raising concerns over regulatory scrutiny that could impact the exchange's operations. Meanwhile, prominent analyst Peter Brandt has shared his price predictions for Ethereum, Solana, and XRP, stirring debate on the potential bullish or bearish trends ahead. Additionally, strong net inflows have been recorded in Bitcoin and Ethereum spot ETFs, coinciding with a surge in Bitcoin prices, indicating renewed investor confidence. BitMEX founder Arthur Hayes suggests that a slowdown in AI growth in the US could ultimately support Bitcoin's price trajectory. Lastly, South Korea is moving forward with plans to implement a blockchain-based digital currency for government spending, signaling a progressive shift towards digital currencies in governance.
12:02
Following the market surge, experienced trader Peter Brandt shared his long-term chart analysis of Ethereum, Solana, and XRP.
10:23
Bitcoin exchange Binance is under investigation for allegedly violating US sanctions regulations by not blocking certain transactions related to Iran.
08:53
Arthur Hayes suggested that a slowdown in the growth of the artificial intelligence sector in the US could support the price of Bitcoin (BTC) in the long term.
07:50
According to SoSoValue data, these inflows marked the third consecutive day of net money inflow into Bitcoin ETFs.
06:54
South Korea has introduced a new regulation that paves the way for public institutions to use blockchain-based digital currency for operating expenses.
