The following are five noteworthy news in the currency circle in the past 24 hours:

1. The U.S. Securities and Exchange Commission (SEC) has terminated its investigation into Paxos, which is a major victory for the cryptocurrency industry. The move suggests regulators may be softening their stance on stablecoin issuers, helping to improve market sentiment and boost the industry.

2. JP Morgan predicts that liquidations in the cryptocurrency market will gradually decrease and that Bitcoin and the entire cryptocurrency market are expected to rebound. The report pointed out that recent market volatility is mainly due to macroeconomic factors and market sentiment, but as these factors ease, the market will strengthen again.

3. The balance of the German government’s Bitcoin wallet dropped to 9,000 BTC after multiple large transfers. The transfers involved thousands of Bitcoins and sparked market concern. The move may be related to the government's plan to sell some of its seized assets for cash.

4. Bitcoin mining company IREN shares fell 24% following a short-selling report. The report accused IREN of financial misconduct, sparking market concerns. The company is currently grappling with the allegations and trying to restore investor confidence.

5. The CEO of CoinRoutes has accused the U.S. Securities and Exchange Commission (SEC) of being anti-investor in its stance on cryptocurrencies, criticizing the regulator’s policies for hindering innovation and market development. He emphasized that the SEC's actions increased risks for investors rather than protecting them.