Trump: Close to reaching agreement with Iran

According to Yonhap News Agency, South Korean financial, securities, bank card, IT, and foreign institutions are accelerating their competition for equity in local cryptocurrency exchanges. Hana Bank announced the acquisition of 6.55% equity in Upbit operator Dunamu for approximately $665 million; Samsung Securities, Samsung SDS, and Samsung Card plan to acquire a total of 4% equity in Dunamu, while Hanwha Investment&Securities will make an additional acquisition of 3.90%. Mirae Asset Consulting has decided to acquire 92.06% equity of Korbit for approximately $885 million, while Korea Investment Securities and OKX Ventures also plan to acquire approximately 20% equity of Coinone.

Laser Digital, a subsidiary of Japanese financial group Nomura Holdings, has received preliminary conditional approval from the US Monetary Authority to establish Laser Digital National Trust Bank. Full approval requires meeting minimum capital requirements, and the entity plans to provide custody and management services for tokenized assets, digital assets, and traditional assets to institutional clients, without involving deposit taking or lending business.

According to Fox News, Trump stated that the agreement with Iran is very close, but if the agreement is unfair to the United States, military means will be used. He emphasized that the core of the agreement is to prevent Iran from acquiring nuclear weapons, and stated that Iran has agreed not to develop or purchase nuclear weapons. Trump also pointed out that signing the agreement would immediately restore navigation in the Strait of Hormuz.

According to Onchain Lens monitoring, Loracle has closed its short positions in BTC, LIT, TON, and VVV. The short position of HYPE is still being closed, with a remaining 152 million HYPE (approximately 105 million US dollars) and a loss of over 360 million US dollars. In addition, Loracle has opened new long positions, including ZEC (10x leverage), ASTER, and TON (5x leverage), and the positions are still increasing.

MN Trading Capital founder Michael van de Poppe posted on X platform that Bitcoin is currently at a critical price level, and if it falls below the $71000 support level, it may further retrace to below $65000. He pointed out that the 200 day moving average is around $61000, and further decline is meaningless because it will not bring good results in any market cycle. He also mentioned that the current market structure is different from the decline in February, when range resistance failed to translate into support.