Ethereum price drops by 8%, ETF fund outflows exceed $1.4 billion

BitMine Immersion Technologies' stock price fell on Friday, in line with Ethereum's price trend, after the company appointed a new CEO. （Decrypt）

[Belarusian President Lukashenko Supports Cryptocurrency Mining] Belarusian President Lukashenko expressed support for cryptocurrency mining in Belarus and believes that cryptocurrency could become an alternative to the US dollar.

The current total market value of cryptocurrencies is $340 trillion, with a 24-hour evaporation of $70.216 billion, a decrease of 2.02%. Among them, Bitcoin accounts for 56.15% of the market value, while Ethereum accounts for 11.44% of the market value.

Square announced the launch of Bitcoin payment services to 4 million American merchants through the Lightning Network, providing instant settlement and waiving processing fees by 2027. （Cointelegraph）

U.S. authorities secured several criminal convictions and gathered another $15 million in proceeds from North Korean crypto heists, the Justice Department said.