Bitcoin's price on Coinbase has surpassed Binance, indicating a return of U.S. funds and a warming market sentiment. Meanwhile, the People's Bank of China has intensified its crackdown on cryptocurrency speculation, leading to the closure of several exchange accounts. In the meme coin sector, $TIKTOK surged to $2.5 million, achieving a 24-fold increase, while $苦蛋 rose to $200,000, marking a 9-fold gain.
On Wall Street, BlackRock continues to increase its Bitcoin ETF holdings, with $IBIT seeing a 14% increase in assets. Arthur Hayes has issued a warning about Monad ($MON), suggesting a potential 99% drop due to heavy VC involvement, high market cap, and low liquidity.
Coinbase Premium Returns as U.S. Funds Reenter Bitcoin Market
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