Daily Highlights Roundup
1. Tether Collaborates to Freeze $544 Million in Illegal Crypto Assets
In a major development, Tether assisted Turkish authorities in freezing $544 million worth of illicit crypto funds, marking a key step toward greater compliance in the industry.
2. Michael Saylor Softens Bitcoin Stance, Considers Selling
The well-known Bitcoin advocate has hinted at the possibility of selling BTC, signaling a potential shift from his previous 'buy and hold' approach.
3. Trump Repeatedly Claims Inflation is Under Control
In recent public appearances, Trump has mentioned inflation being managed as many as 20 times, shaping his economic messaging ahead of the elections.
4. Institutional Analysis: Bitcoin Could Trade Between $40K and $50K This Summer
Market analysts have projected a possible price range for Bitcoin during the summer months, citing macroeconomic and sentiment factors.
5. Whale Activity Shows Strong ETH Accumulation
Data reveals that two major crypto whales added over 29,000 ETH in less than half a day, indicating bullish sentiment around Ethereum.
6. Trend Research Suffers $734 Million Loss on ETH Position
A report indicates significant losses in Trend Research’s Ethereum trades, raising concerns among investors tracking institutional exposure.
7. RWA Regulatory Framework Gains Clarity
According to Caixin, foreign debt-related RWAs will fall under NDRC supervision, while equity and asset-backed securities will be overseen by the CSRC, providing clearer regulatory guidance for the sector.
8. Whale Recharges Binance with $69.08 Million in USDT
A major crypto whale recently deposited $69.08 million in USDT to a Binance-linked address, sparking speculation about potential market moves.