【Today's Market Update】💥

• BTC: $79,500 (-1.8%), completely broken through the $80,000 mark

• ETH: $2,280 (-2.0%), falling alongside, approaching the $2,200 support

• Total liquidations: 102,000 people caught, $341 million evaporated instantly. 1. Binance under severe investigation by the U.S. Treasury Department
The U.S. Treasury Department requires CEO Richard Teng, Changpeng Zhao, and other executives to meet, comprehensively review the execution status of the $4.3 billion settlement agreement, focusing on transactions related to Iran and North Korea and the isolation of U.S. users.
1. Binance under severe investigation by the U.S. Treasury Department
The U.S. Treasury Department requires CEO Richard Teng, Changpeng Zhao, and other executives to meet, comprehensively review the execution status of the $4.3 billion settlement agreement, focusing on transactions related to Iran and North Korea and the isolation of U.S. users.
2. BTC ETF funds surge
Net inflow of $1.105 billion in a week, a new four-month high, institutions increasing positions against the trend.
3. Miami Conference makes a strong statement
◦ Founder of Pi Network makes a high-profile appearance, announcing transformation into an AI + blockchain identity verification network
◦ U.S. lawmakers support including crypto in retirement accounts, compliance process accelerates
4. South Korea officially announces 22% crypto tax
Commencing 22% capital gains tax on crypto starting January 2027, global regulation tightening.
5. Geopolitical risk impact
Tensions in the Middle East, global risk assets plummet, the crypto market declines in response.
【Invitation to join the crypto community group】

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