Odaily Morning Brief

1. Garrett Jin closed a ZEC short position after holding it for 3 months, incurring a loss of $36.13 million;

2. Bitmine holds nearly 5.96 million ETH, with losses narrowing to $2.71 billion;

3. Total cryptocurrency market cap returns to $2.8 trillion, briefly approaching $2.9 trillion;

4. Trading entry points move upstream as Kraken integrates with X's Cashtag program;

5. Fed's Kashkari: Inflation remains too high, not solely driven by oil prices;

6. Cynthia Lummis: The CLARITY Act previously required crypto projects raising over $25 million from the public to undergo audits;

7. Visa to close loophole allowing credit card points on meme coin purchases;

8. Hundreds of millions of dollars in Bitcoin transferred to IRGC; U.S. Treasury sanctions Iranian exchange BitBank;

9. GMGN transferred 23,550 BNB to Pionex in one week, generating $17.34 million in fee revenue;

10. Holdings surpass 25,000 BTC as Strive CEO hints at upcoming new round of purchases;

11. StonkFun ranks 10th on the protocol revenue list, with $4.85 million in revenue over the past 7 days.