B circle information:
1. Bitcoin and institutional trends
•Bitcoin ETF: The Bitcoin spot ETF recently saw an inflow of $129 million, the largest inflow in nearly a month, showing strong interest from institutional investors.
•German Bitcoin transfers: Germany recently transferred $17.6 million worth of Bitcoin to major exchanges, which may indicate an upcoming sell-off.
2. Regulatory dynamics
•Binance US vs. SEC: Binance US is preparing for a legal showdown with the SEC over ongoing regulatory disputes.
•Bahamas CBDC: The Bahamas stipulates that banks must support the "Sand Dollar" CBDC and set a two-year implementation timeline.
http://3.Company and ecosystem news
•The rise of Bybit: Bybit has risen to become the second largest cryptocurrency exchange, and its strategic growth is attributed to partnerships and platform improvements.
•Ethereum Labs adds new assets: Ethereum Labs has added Bitcoin as a supporting asset for its USDe, expanding its asset base.
4. Market Trends and Developments
• Solana rises: Following VanEck’s SOL ETF application, Solana rose 12%, showing increased investor confidence.
• Cardano Compliance Initiatives: Cardano released new sustainability metrics to comply with the EU MiCA regulation, showing a commitment to regulatory compliance.
5. Technology and Community Dynamics
• CertiK Partners with Alibaba Cloud: CertiK is leveraging Alibaba Cloud to enhance blockchain development in Asia.
• Malaysia Islamic Digital Asset Fund: Malaysia’s Affin Bank plans to launch the country’s first Islamic digital asset fund, an important step in the integration of traditional banks and digital assets