BRN analyst: Bitcoin's tendency to sell at high prices may stem from concerns about the increasing risk of a US economic recession

[Former CFTC Official Amir Zaidi Returns as Chief of Staff] The U.S. Commodity Futures Trading Commission (CFTC) has announced that Amir Zaidi, a key policymaker who oversaw the launch of regulated Bitcoin futures in the U.S., is returning after six years to serve as CFTC Chief of Staff. CFTC Chairman Michael Selig stated that Amir Zaidi played a crucial role in the regulatory launch of Bitcoin futures contracts during the first term of the Trump administration and will bring experience and expertise to help the CFTC develop regulations for rapidly evolving commodity markets. Amir Zaidi previously held multiple positions at the CFTC from 2010 to 2019, serving as Director of the Division of Market Oversight in his final two years, where he facilitated the establishment of the regulated Bitcoin futures market in the U.S.

[Vida Intercepts Hacker Operations, Gains Approximately $1 Million] On-chain analyst Ai Yi detected a suspected hack of a Binance account. Due to risk control mechanisms, the hacker was unable to withdraw funds directly and attempted to transfer funds through wash trading. They chose the low-liquidity meme token BROCCOLI714 as the target, violently pumping the spot price. Vida, the founder of Equation News, noticed the abnormal price movement and, after the contract circuit breaker ended, accurately opened and closed long positions multiple times, intercepting the hacker's operations and profiting approximately $1 million. Subsequently, Binance's risk control mechanisms seemingly intervened, preventing the hacker from placing further orders. The hacker attempted to manipulate SOL but failed, ultimately canceling orders and abandoning the operation.

[Turkish Crypto Exchange BtcTurk Hacked, Losing $48 Million] Turkish cryptocurrency exchange BtcTurk has once again suffered a hacker attack, with losses amounting to $48 million. It is reported that the exchange previously lost approximately $49 million due to a hacker attack on August 14 last year.

[Wallet Associated with Jez Deposits 2.06 Million USDC into Hyperliquid to Open Long Positions] According to monitoring by Onchain Lens, a wallet associated with Jez (@aerobatic) deposited 2.06 million USDC into Hyperliquid to open long positions on BTC, ETH, and SOL, all with 20x leverage.

[U.S. Senator Says Digital ID and CBDC Threaten Financial Freedom and Privacy] U.S. Senator Warren Davidson stated on the X platform that the GENIUS Act, centered around stablecoins, could strip Americans of their financial freedom and privacy while paving the way for the implementation of a wholesale version of the U.S. central bank digital currency (CBDC). He warned that such a system could be used for surveillance, coercion, and control, and criticized digital ID systems for forcing individuals to obtain government permission to use their funds. Senator Marjorie Taylor Greene expressed agreement and voted against the GENIUS Act, arguing that the bill opens a 'backdoor' for CBDC. Both senators hold a positive view of the CLARITY Act in protecting self-custody, though Davidson believes its impact on improvement is limited.