Binance will cease providing services to EU clients
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According to FT, Binance will cease providing services to EU customers next week and require users in Poland, Italy, Spain, and France to withdraw funds due to the failure to obtain MiCA licenses. （Cointelegraph）
David Chao, a market strategist at Invesco, stated that gold has been included in the Federal Reserve's tightening expectations, but it has not fully reflected the impact of long-term high real yields.
CryptoQuant CEO Ki Young Ju stated on the X platform that it is uncertain whether Bitcoin is at the bottom of the cycle. From a traditional cycle perspective, Bitcoin seems far from reaching the bottom, as every major cycle has touched the realized price. If it had not touched this time, perhaps it would have been different.
Analyst Alicharts pointed out that the apparent demand for Bitcoin has been negative for 208 consecutive days, recently dropping to -273000 BTC, and the accumulation phase has been stagnant for 7 months.
