An 'insider whale' has seen their ETH holdings surpass $165 million, turning from profit to loss. The address currently holds 54,277.33 ETH (approximately $165 million) with an average entry price of $3,048.31, resulting in an unrealized loss of $294,000. Additionally, the address has placed a limit order to buy 20,000 ETH at the $3,000 level, valued at $60 million. If executed, the total holdings will reach $225 million.

[Coinbase Resumes User Registration in India and Plans to Launch Fiat Access Channels by 2026] Cryptocurrency exchange Coinbase has reopened app registration in India after suspending operations in the country for over two years. Users can now conduct cryptocurrency-to-cryptocurrency transactions. Coinbase's Asia-Pacific Director, John O’Loghlen, stated at India Blockchain Week (IBW) that the company plans to enable fiat deposit channels by 2026. Coinbase initially launched services in India in 2022 but ceased support for the UPI payment network after the Unified Payments Interface (UPI) operator, the National Payments Corporation of India (NPCI), refused to acknowledge its operations. Later in 2023, Coinbase halted all services for Indian users.

[Pakistan Advances Digital Asset Regulation Plan After Talks with Binance] Pakistan announced it will advance its digital asset regulation plan following talks with a Binance delegation. The meeting was attended by Pakistan's Prime Minister Shehbaz Sharif, Army Chief Syed Asim Munir, and Binance CEO Richard Teng. Bilal Bin Saqib, Chairman of Pakistan's Virtual Asset Regulatory Authority, stated that Pakistan aims to establish a transparent and secure digital asset framework, is developing a sovereign stablecoin, and is exploring central bank digital currencies.

According to Onchain Lens monitoring, Ethena's associated wallet extracted 25 million ENAs worth approximately $7.05 million from Bybit. The wallet currently holds 779.89 million ENAs, with a total value of approximately 207.7 million US dollars. （Onchain Lens）

1. Zhao Changpeng suggests that national leaders purchase Bitcoin as soon as possible 2. If Bitcoin reaches $100000, it will liquidate 9.1 billion short positions 3. Gold may welcome a historic year, and the Federal Reserve may cut interest rates 4. Musk criticizes EU fine of 120 million euros and calls for repeal 5. The US SEC will hold a roundtable on cryptocurrency and privacy 6. Hardcore bear whale with 20 times leverage BTC short position gains over 20 million 7. Zhudi Holdings and Hong Kong Polytechnic establish a stablecoin research and development center 8. French bank BPCE launches in app encrypted trading service The above is a selection of hot topics from the past 24 hours. Click to see the full article: https://www.aicoin.com/article/505039