according to on-chain analyst Ember (@EmberCN), a whale has transferred 44,700 AAVE tokens (approximately $8.18 million) to the Binance exchange.

during an interview with CNBC's "Squawk Box," Robert Mitchnick, head of digital assets at BlackRock, pointed out that the cryptocurrency industry has always promoted Bitcoin as a risky asset, but in reality, Bitcoin is a token that is "global, scarce, non-sovereign, and decentralized." Mitchnick said, "The recent market conditions seem to be a self-fulfilling phenomenon, actually caused by some research and comments within the industry that tend to portray Bitcoin as a risky asset." He believes that the claim that a severe economic recession in the United States could affect the price of Bitcoin is "baseless." Mitchnick said, "Tariffs may not necessarily be bad news for Bitcoin. As for economic concerns, I am not sure if we will fall into a recession, but a recession could actually become an important catalyst for Bitcoin." Mitchnick also mentioned that despite concerns that macroeconomic uncertainty could affect cryptocurrencies, the price of Bitcoin has risen by about 15% since early November last year. "Clearly, 2024 is a rather extraordinary and historically significant year," he said, "Fundamentally, we believe this is the long-term trend. That's why people see Bitcoin as digital gold."

Bitcoin's price movement has closely followed that of the US stock market, particularly the Nasdaq and S&P 500. With fund managers pulling out of US stocks at a historic rate, there are concerns about whether Bitcoin could be the next to suffer. The recent shift in sentiment reflects a decrease in confidence in the US economy and an increase in fears of a global recession, which could impact assets like Bitcoin due to their strong correlation with US stocks. The rise in cash allocations among investors also poses downside risks for Bitcoin and the broader crypto market, as highlighted in the latest survey by Bank of America. While some managers are still bullish on Bitcoin, others are worried about potential triggers for a global recession and inflation that could affect risky assets like Bitcoin. Despite the recent price decline, Bitcoin has historically recovered from corrections during long-term rallies, with its performance in the next six months likely dependent on the overall market conditions. Holding above the 50-week exponential moving average (EMA) could signal a potential recovery for Bitcoin, while breaking below this level could lead to further downside towards the 200-week EMA. This analysis does not provide investment advice, and readers are encouraged to conduct their own research before making any financial decisions.

according to sources, Ukrainian President Zelensky has agreed to stop attacking Russian energy assets, which is the first step taken by US President Trump to end the three-year conflict. The source, who declined to be named, said that Zelensky conveyed this information to Trump in a call on Wednesday, adding that both sides agreed to further expand the ceasefire efforts. Trump also said the call was "very good" and that the discussions were "going as planned." The day before Zelensky spoke with Trump, Russian President Putin told Trump that as a first step, he was willing to limit attacks on Ukrainian energy infrastructure, but did not agree to the US-led comprehensive ceasefire.

according to the AXIOS website, US President Trump will have a call with Ukrainian President Zelensky at 10 am Eastern Time on Wednesday (10 pm Beijing time tonight).

 Bannockburn analyst Marc Chandler wrote that for the market, comments and forecasts from Federal Reserve officials may be more important than their interest rate decisions. The central bank is expected to keep rates unchanged and update its economic forecasts. Chandler said Federal Reserve Chairman Powell may be asked about the impact of tariffs on the economy, but he "may reiterate his recent assessment that the economy is in a position that allows the central bank to remain patient." In addition, Chandler attributed the strength of the dollar today to short covering.

Address poisoning scams have resulted in victims willingly sending over $1.2 million to scammers, highlighting the increase in cryptocurrency phishing attacks. These scams involve tricking victims into sending digital assets to fraudulent addresses owned by scammers. Pig butchering schemes on Ethereum have cost the crypto industry over $1.2 million in just under three weeks. The rise in these scams is attributed to the lack of pre-transaction security measures and the growing sophistication of attackers. Phishing scams, including pig butchering schemes, are a significant threat to the crypto industry, with victims losing large amounts of their net worth.

JPMorgan Asset Management's global head of fixed income, Michel, said that the Fed may acknowledge that "stagflation" is a possibility. The Fed is in a difficult position regarding inflation.

President Donald Trump and his top economic official's refusal to rule out a recession has sparked worry among investors and the public. Some economists caution that the economic policies of the Trump administration could potentially lead the U.S. into an unnecessary recession. The UCLA Anderson School of Management has issued a "Recession Watch" for the first time, with economist Clement Bohr criticizing Trump's policies. Mark Zandi, chief economist at Moody's Analytics, has also voiced concerns about the increasing risk of a recession under Trump's leadership.

according to data from the Salvadoran Ministry of Finance website, El Salvador increased its holdings of 1 bitcoin 9 hours ago, with a total holding of 6121.18 bitcoins and a total value of 526 million US dollars.