[Coinbase Responds to Senator Murphy's Allegations, Calling Them 'Baseless'] Coinbase publicly refuted Democratic Senator Chris Murphy's allegations on social platform X, calling his claims about 'favoring Trump' 'utterly absurd.' Murphy accused Coinbase of donating $46 million to the Trump administration and related projects, as well as funding Trump's inauguration and the construction of the White House banquet hall, implying that these actions were connected to the U.S. Securities and Exchange Commission (SEC) dropping its lawsuit against Coinbase. Coinbase Chief Policy Officer Faryar Shirzad responded, stating that these allegations are baseless and emphasized that the crypto industry's political action committee, Fairshake, is a bipartisan organization that has supported candidates, including several Democratic lawmakers. He pointed out that corporate donations to presidential inauguration events are customary and that contributions to the banquet hall were made through the National Mall Trust Foundation, in collaboration with other industry companies.

[Hong Kong SAR Appoints Chairperson and Members of Stablecoin Review Tribunal] The Chief Executive of the Hong Kong Special Administrative Region has appointed the Chairperson and panel members of the Stablecoin Review Tribunal in accordance with the Stablecoin Ordinance (Chapter 656). Senior Counsel Mr. Lam Tak-yip will serve as the Chairperson, and the panel members include Professor Wong Ho, Mr. Yuen Wan-kau, Mr. Lui Chi-hung, Mr. Mak Yip-shing, Mr. Ng Kin-lam, and Mr. Siu Tsz-him. The tribunal is responsible for reviewing specified decisions made by the Hong Kong Monetary Authority under the Stablecoin Ordinance to ensure the reasonableness and fairness of the relevant regulatory decisions.

[Strategy tests 9 new addresses, possibly related to custodian changes] Analyst Emmett Gallic monitored and discovered that Strategy has tested 9 new addresses (excluding change addresses), suspected to be associated with custodian changes. These addresses are of the ScriptHash type (starting with 3), consistent with the deposit address type of Coinbase Prime. However, the funds from this test were not consolidated, leading to the situation described above.

[Bitwise CIO: Four Factors Driving Institutional Investors Toward Solana] Matt Hougan, Chief Investment Officer of Bitwise, stated that Solana is becoming a favored asset among institutional investors and is seen as a 'challenger' to Ethereum. Four key factors are driving this trend: 1. Solana adopts a pragmatic approach of 'deploy first, optimize later,' attracting institutions dissatisfied with Ethereum's upgrade pace. 2. Solana leads in the tokenization of equity, becoming the preferred blockchain for numerous real-world asset projects. 3. Solana offers an annualized staking yield of approximately 7%, significantly higher than Ethereum's 3%, with 81% of SOL tokens already staked. 4. Solana's scale is much smaller than Ethereum's, providing greater growth potential.

According to AiCoin monitoring, the net outflow of US spot BTC ETFs reached $488 million yesterday, the highest daily net outflow since October 22nd. Among them, IBIT had the largest outflow of funds, reaching $291 million; Next is ARKB, with an outflow amount of $65.6 million. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only