US investigates Bitmain over national security concerns

The Bitcoin market is undergoing a significant momentum reset, typically seen during the cooling phase between major trend cycles. After a period of strong directional movement, the market is now reassessing its trajectory. Historical data suggests that previous resets have taken several weeks, with analysts questioning how long it will take for Bitcoin to regain upward momentum.

Cardone Capital has acquired 185 Bitcoin for approximately $15.3 million during a downturn in the cryptocurrency market. This acquisition reflects the company's strategy to invest in digital assets amid fluctuating market conditions.

Rumble is testing a non-custodial wallet that enables Android users to send Bitcoin and stablecoin tips to creators. This integration aims to enhance user engagement and provide creators with new revenue streams.

The New York Stock Exchange (NYSE) has approved the listing of Grayscale's XRP and Dogecoin exchange-traded funds (ETFs), with trading set to commence on Monday. This development is anticipated to enhance mainstream adoption of cryptocurrencies and may influence future regulatory frameworks.

Bitmain, a leading Chinese Bitcoin mining hardware manufacturer, is currently under investigation by U.S. federal authorities over national security concerns. The scrutiny arises from potential risks related to espionage or sabotage, particularly in ventures backed by the Trump family. Bitmain has denied any wrongdoing amidst these allegations.

Bitcoin sentiment has reached its lowest point since December 2023, as panic and bearish views have surged on social media during a recent market decline. This negative sentiment reflects growing concerns among investors regarding the cryptocurrency's stability and future performance.

ANPA, a Nasdaq-listed company, plans to invest up to $50 million in EDU tokens in collaboration with Open Campus and Animoca Brands. This investment aims to enhance education finance by leveraging blockchain technology, promoting transparency and inclusivity in the sector.

Hyperliquid trader profits have decreased significantly from $100 million to $38.4 million as long positions in Ethereum and XRP have incurred losses during a market downturn.