Energy crunch squeezes Bitcoin miners; DeFi exploits, ETH whale buying underscore market swings
1. Analysis: Rising energy costs are compressing Bitcoin mining margins. If miners can't absorb the pressure, a fresh round of BTC selling could follow.
2. Iran's parliamentary speaker addressed Trump's ultimatum on reopening the Strait of Hormuz.
3. Over the past month, a large whale accumulated 8,662 ETH, valued at $18.05 million.
4. Today, attackers tied to two DeFi protocols bought a combined $28.56 million worth of ETH.
5. Stablecoin USR has depegged by 93.72% and is now trading at 0.053 USDT.
6. Hong Kong saw a billion-dollar gold heist; police arrested five suspects and recovered 73 kilograms of gold bars.
7. The first-ever Twitter post marks its 20th anniversary; its NFT previously sold for more than $2.91 million.
8. Fluid: Trading in the USR market has been suspended, and any potential bad-debt losses will be fully covered.