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[Kraken Suspends USD Deposits via Plaid] Kraken announced that due to infrastructure issues with the funding provider, it has temporarily suspended USD deposit services via Plaid.
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[Kraken Suspends USD Deposits via Plaid] Kraken announced that due to infrastructure issues with the funding provider, it has temporarily suspended USD deposit services via Plaid.
[White House Envoy Under Senate Review for Crypto Assets Linked to Trump Organization] White House envoy Steve Witkoff is under Senate review for disclosing his holdings of crypto assets related to Trump's World Liberty Financial. This has sparked concerns about financial transparency among government officials. (Cointelegraph)
[Bitcoin, Ethereum ETFs: Attract Over $600 Million in Inflows] Bitcoin and Ethereum-related ETFs have recently attracted over $600 million in inflows, indicating a recovery in market sentiment. Data shows that these funds mainly flowed into spot and futures ETFs, reflecting increased investor confidence in crypto assets. Analysts believe this could signal the potential start of a new bull market, but attention should still be paid to the macroeconomic environment and regulatory developments. (Decrypt)
[U.S. Eases Missile Restrictions for Ukraine, Enhances Cross-Border Strike Capability] The Trump administration has lifted restrictions, allowing Ukraine to use long-range missiles provided by Western allies to enhance its ability to strike Russian targets. On Tuesday, the Ukrainian military used British 'Storm Shadow' missiles to attack an explosives and rocket fuel factory in Bryansk, Russia, claiming to have successfully breached Russian air defenses. The 'Storm Shadow' missile has a range of approximately 290 kilometers, shorter than the 1,600-kilometer range of the U.S. 'Tomahawk' missile. U.S. officials anticipate Ukraine will carry out more cross-border attacks. Following the announcement, international oil and gold prices rose.
[Ethereum Foundation Transfers $600 Million to Treasury] The Ethereum Foundation recently transferred approximately $600 million from its reserves to its treasury, possibly to optimize fund management or address market fluctuations. Previously, the foundation has made multiple adjustments to fund allocations to support ecosystem development. As of now, the community remains uncertain about the specific purpose of this large transfer, with some expressing concerns that it may be related to market strategies. (Decrypt)
[Whale Wallet Closes Position with $5.7 Million Profit and Opens $32.5 Million Short Position] Whale wallet address '0xc2a3' closed its Bitcoin long position, earning a profit of $5.7 million, and subsequently opened a $32.5 million short position with 18x leverage. (Cointelegraph)