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More →Bitcoin's market cap dominance stands at 59.65%.
CoinWorld data: Under CoinWorld's unified market methodology, Bitcoin's market capitalization accounts for 59.65% of the total cryptocurrency market capitalization.
The CFTC asks the court to dismiss CME's lawsuit over crypto perpetual contracts.
CoinWorld news, according to Cointelegraph, the U.S. Commodity Futures Trading Commission (CFTC) has urged a federal court to dismiss a lawsuit filed by the Chicago Mercantile Exchange (CME) over its approval of crypto perpetual contracts, arguing that the exchange has failed to demonstrate that it has suffered concrete financial harm.
Citigroup analysts are bullish on crypto stocks and set a $243 price target on Circle.
Coin World news: Citi analyst Pete Christiansen upgraded ratings for Galaxy and Gemini, downgraded Securitize, and named Circle as a top pick with a price target of $243. Meanwhile, Bart Smith of Avalanche Treasury discussed Wall Street's tokenization trend and Avalanche's advantages.
Tether CEO rebuts US senator's analysis of sanctions report
CoinWorld news: Tether CEO Paolo Ardoino posted a rebuttal to U.S. Senator Richard Blumenthal's analysis of the Tether sanctions report. He stated that since 2023, Tether has on average frozen the addresses involved about four weeks earlier than OFAC and NBCTF formally implemented the relevant sanctions, and that 99% of the relevant addresses had already been frozen before being flagged by Chainalysis. Ardoino also noted that Tether's related measures reduced the volume of Iran-related stablecoin transactions by 94%, and emphasized that it responds to emerging risks through cooperation with law enforcement agencies.
German satellite company Reflex Aerospace expands European satellite production
Reflex Aerospace, a German satellite company, said it will expand its satellite production capacity in Europe, supported by an investment planned by NVIDIA.
Paolo Ardoino: Tether outperforms regulators on sanctions compliance, with related trading volume down 94%
According to CoinWorld news, Tether CEO Paolo Ardoino stated that Tether outperforms regulators in sanctions compliance. Since 2023, Tether has on average frozen relevant addresses four weeks earlier than the U.S. Treasury Department's Office of Foreign Assets Control and Israel's National Bureau for Counter Terror Financing officially designated sanctions, and in 99% of cases completed the freezes before Chainalysis flagged the relevant addresses. This move has caused Iran-related stablecoin transaction volume to drop by 94%.
BTC perpetual contract open interest totals 14.988 billion USD.
According to CoinWorld data: under the statistical methodology of selected mainstream platforms, the total notional value of open positions in BTC USDT-margined perpetual contracts is 14.988 billion USD.
A whale withdrew $63.36 million in BTC from Robinhood.
Biji Network data: OnchainLens reports that a whale withdrew 774.7736 BTC, worth approximately $63.36 million, from Robinhood and transferred it to a wallet that had previously received two small test transfers. The address is bc1q4pel4qtud6lvyyw8pc0rwgtwkyxgc03u348gzl.
213,600,000 USDT转入Tether财库
According to data from BiJie.com: Whale Alert monitoring shows that 213,600,000 USDT (approximately $213 million) has been transferred to the Tether treasury.
U.S. stocks rebounded after the AI selloff.
According to Biji.com, the Financial Times reported that U.S. stocks rebounded after an AI-driven selloff, with the Nasdaq 100 index rising, marking a market recovery following the largest weekly decline since last year's trade war.