📉 Bitcoin dropped below $60,000 amidst one of the harshest sell-offs recently, currently trading above $65,000.

Within 24 hours, the market liquidated longs worth $2.2 billion, and the Fear & Greed Index fell to 9 — for the first time since June 2022, since the Terra crash.

According to analysts, the dump appears forced: possible sales by sovereign funds, problems at a major exchange, a liquidity crisis among ultra-wealthy players, or hidden leverage in the IBIT ETF.

A sell-off of assets by Chinese entities is also not ruled out — with a potential hit to the crypto market and Trump's political image as a "pro-crypto" candidate.

@DeCenterOrg

☘️ Another solo miner mined a block on the first cryptocurrency's network, earning 3.26 BTC ($200,000).

@DeCenterOrg

🌍 CZ stated that he is working with a large number of countries on launching their own stablecoins.

@DeCenterOrg

🇨🇳 China has banned the unauthorized issuance of yuan-backed stablecoins.

Also, Chinese authorities reiterated that the crypto business in the country is illegal.

@DeCenterOrg

🇪🇺 The European Commission has presented the 20th package of sanctions against Russia, which affects energy, finance, and trade, including restrictions for 20 regional banks and measures against cryptocurrency companies and platforms.

Banks in third countries that help circumvent restrictions may also fall under sanctions.

@DeCenterOrg

🇷🇺 The Ministry of Finance of the Russian Federation, jointly with the Central Bank and federal agencies, has approved the concept of tokenizing real sector economy assets.

The document aims to implement digital instruments that should increase asset liquidity, reduce costs, and lower the entry threshold for private investors.

The authorities expect that tokenization will strengthen the stability of financial organizations and increase the investment attractiveness of the Russian economy.

@DeCenterOrg