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BTC $67,246.03 -2.44%
ETH $1,987.28 -0.75%
BNB $616.96 -1.90%
XRP $1.47 -1.17%
SOL $84.73 -2.95%
TRX $0.2812 -1.11%
DOGE $0.1009 -0.15%
ADA $0.2822 -2.12%
BCH $561.11 -1.96%
LINK $8.85 -1.24%
HYPE $29.15 -6.06%
AAVE $126.67 -0.66%
SUI $0.9678 -2.84%
XLM $0.1663 -2.24%
ZEC $295.79 +0.36%

review

U.S. Senator Calls for Review of Trump-Linked Crypto Transactions Involving $500 Million Investment from UAE for National Security Risks

According to FinanceFeeds, two Democratic senators have written to Treasury Secretary Scott Bancenet, requesting an assessment of whether the UAE government's affiliated entity's $500 million investment in the cryptocurrency company World Liberty Financial should undergo a national security review by the Committee on Foreign Investment in the United States (CFIUS).The committee, led by the Treasury Department, is responsible for reviewing foreign investment transactions that may involve sensitive technologies or data. According to a previous report by The Wall Street Journal, G42, supported by Abu Dhabi royal family member Sheikh Tahnoon bin Zayed, acquired a 49% stake in World Liberty Financial through an entity named Aryam Investment 1. The report indicated that some of the funds flowed to the Trump family and its affiliates. The Trump camp denied any knowledge of this. Senators Elizabeth Warren and Angus King questioned in their letter whether the deal could allow a foreign government access to user data and mentioned G42's past collaborations with Chinese companies. They requested the Treasury Department to clarify by March 5 whether a review process has been initiated or if a recommendation has been made to the president.World Liberty Financial is the issuer of the stablecoin USD1, which has circulated over $5 billion since its launch in March 2025. The company lists Trump and his Middle East envoy Steve Witkoff as honorary co-founders. A company spokesperson previously stated that the two were not involved in the UAE-related transactions.

Real Vision co-founder review "10.11": Top CEXs forced to step in and take over, followed by continued selling leading to market weakness

Real Vision co-founder and CEO Raoul Pal stated on a podcast this week that, according to the global liquidity model, Bitcoin's price should currently be around $140,000. However, the "1011" event caused cryptocurrencies to lag behind the stock market and gold. Raoul Pal attempted to recap what he believes to be the process of the "1011" event in the video as follows:On that day, a significant macro shock (Trump's tariff policy) led to a collective explosion of highly leveraged positions. During the peak of the liquidation cascade, Binance's API briefly went down, preventing professional market makers from placing orders, providing liquidity, or hedging risks. A chain reaction followed, with liquidations continuing to amplify, forcing major CEXs to step in with their own balance sheets to prevent a complete system collapse.Raoul expects that the CEXs passively absorbed a large amount of assets during the event (potentially around $10 billion in inventory). The reason for the market's subsequent long-term weakness is that the CEXs that took over at that time concentrated on algorithmic selling during the U.S. stock market opening hours to gradually sell off their inventory.Raoul anticipates that the "digestion period" of this round of selling pressure is expected to clear by the end of February, and believes that after the selling pressure is cleared, Bitcoin will quickly rebound and reach $140,000. Additionally, Raoul believes that the debt risk of Strategy is manageable, and Saylor has cleaned up the balance sheet through bond/equity issuance.However, in response to the above speculation, Zhao Changpeng publicly stated during a Space on Friday that "the 1011 crash was not caused by any issues with the Binance system or operations; Binance is regulated and has no conditions to engage in any violations."
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