According to Decrypt, Blockstream CEO Adam Back stated in an interview that Trump's election as the President of the United States has advanced the government's acceptance of Bitcoin by several decades. Back pointed out that although there is a conceptual conflict between political embrace and the anti-government origins of Bitcoin, measures such as strategic reserves promoted by the Trump administration have brought net profits to the industry. Back believes that the slow increase in government holdings of Bitcoin has actually created more time for individual investors to build positions. He also warned that political factors may affect market confidence and that a balance between regulation and innovation is needed. Currently, the United States has approved spot Bitcoin ETFs, but Back reminds that if the government completely ignores Bitcoin, it will face the risk of economic competitiveness decline.
Binance - The price of INR/USDT has reached a new high in nearly three months, now trading at $15.11, up 9.71% in 24 hours, with a turnover of $22.75 million.
After reaching a new high in price, there is a high probability of a price correction. (AiCoin Research Institute)
According to SolanaFloor monitoring, the Solana Pledged ETF launched by 3iQ Digital Asset Management in Canada has reached an AUM of $186 million within one month of listing, contributing to a total inflow of $239 million for the Solana Canada ETF.
The perpetual trading volume of Binance UNI/USDT surged tenfold within 10 minutes, with a turnover of 294 million US dollars in the past 24 hours, a decrease of 2.39%.
A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.
