BTC breaks through the $109000 mark

BBX News: Several listed companies announced their strategies related to cryptocurrency assets yesterday CDT Equity Inc. (NASDAQ: CDT): The board of directors has approved the adoption of a cryptocurrency reserve strategy and plans to convert a portion of its balance sheet to digital asset holdings. AlphaTON Capital (NASDAQ, formerly Portage Biotech): plans to raise $100 million to launch a TON treasury strategy and purchase TON tokens to build strategic reserves. Haotian International Construction Investment Group (Hong Kong Stock): The board of directors has decided to change the unused funds of HKD 35.75 million to purchase Ethereum, which is expected to be completed within one month. - Safety Shot (NASDAQ): Signed a $25 million strategic cooperation agreement with BONK, planning to purchase approximately $115 million worth of BONK by the end of the year, accounting for about 5% of the total supply. H100 Group: Increased holdings by 47.16 bitcoins, raising total holdings to 1004.56 bitcoins. BTC and ETH are still the mainstream configurations for listed companies, while emerging tokens such as TON and BONK are also beginning to gain institutional strategic layout. Source: bbx.com

[The Federal Reserve May Lower Interest Rates Below 3%, Market Expectations Could Be Misaligned] Mark Cabana, Head of U.S. Interest Rate Strategy at Bank of America, stated that the Federal Reserve might lower the benchmark interest rate to at least 3%, or possibly even below that level. He emphasized that the market has underestimated the scope of impact of this potential policy outcome, and investors need to reassess related risks and expectations.

Binance BNB/USDT is currently trading at $849.85, a decrease of 0.08% in 5 minutes. Please pay attention to market fluctuations.

[Ukrainian Parliament Passes Initial Reading of Cryptocurrency Legalization and Taxation Bill] The Ukrainian Parliament has completed the first reading of a bill on the legalization of cryptocurrencies and related taxation. According to a social media statement by MP Yaroslav Zhelezniak, the bill proposes an 18% income tax and a 5% military tax on digital asset profits, while offering a preferential 5% tax rate for the first year of converting digital assets into fiat currency. Zhelezniak noted that the bill is still in its preliminary stage, and significant adjustments to its content may occur before the second reading. The final regulatory authority has yet to be determined, with potential candidates being the National Bank of Ukraine or the National Securities and Stock Market Commission.

[Coinbase Files Patent Invalidity Lawsuit Against Dynapass] Foresight News reports that Coinbase has filed a lawsuit in the U.S. District Court for the Central District of California, seeking a declaratory judgment against Dynapass Inc. and Dynapass IP Holdings LLC. The lawsuit claims that Coinbase has not infringed on U.S. Patent No. 6,993,658 and requests the court to declare the patent invalid. The legal filing was submitted by Coinbase's attorneys and includes a demand for a jury trial. Coinbase Chief Legal Officer Paul Grewal stated that the company will take legal action to combat such 'patent trolling' behavior.