Reuters survey shows analysts lower gold price forecast, supported by central bank buying

According to Bloomberg, Translunar Crypto LP founder Justin Ryan Schmidt has been sentenced to 37 months in prison by a US court for concealing $7 million in income to evade taxes. Schmidt declared income of less than $5000 between 2020 and 2022, but prosecutors accused him of earning over $7 million through fund business between 2019 and 2022.

According to CNBC, Bitmine Chairman Tom Lee stated in an interview that the cryptocurrency market has hit bottom.

According to BIT (bit. com) market data, the stock price of Bitcoin mining company Ionic Digital rose 4% on its first day of listing on NASDAQ, and its market value rose to $2.332 billion.

COTI's trading volume has increased to 20.9 times the average level of the past 7 days in the past 24 hours, with a cumulative price increase of 83.5%. It is now reported at $0.0142 and currently ranks 6th on the AiCoin hot search list. The significant amplification of transactions accompanied by price strength usually reflects an increase in capital participation and the dominance of long positions. At the current stage, the flow of funds, transaction structure, and the movement of large amounts of funds deserve special attention. By using AiCoin PRO's "Main Large Orders" and "Main Transactions", one can further observe the buying and selling situation of large funds, the price range of transactions, and the sustainability of funds. The above content is for reference only and should not be used as any investment advice

According to Solid Intel on the X platform, the mediator stated that after Iran and Oman approved a new proposal for the Strait of Hormuz, the United States and Iran are close to restoring a 60 day memorandum of understanding, and Washington's approval is still pending.