Bank of America remains bullish on SanDisk: AI storage demand is expected to drive sustained profitability, and the logic behind its target price hike remains unchanged.

According to Farside's monitoring, U.S. spot Bitcoin ETFs recorded a net inflow of $101.7 million yesterday, marking five consecutive trading days of strong inflows.

HyperLabs unlocked another 433,025 $HYPE($23.46M) and has been gradually depositing the tokens into exchanges, including Flowdesk and OKX, likely to sell.

Cathie Wood’s ARK Invest adjusted stock positions across multiple ETFs yesterday, with its flagship ARKK fund making the following moves: Buys (holdings additions): 114,000 additional shares of Cloudflare (NET), 314,000 additional shares of Circle Internet Group (CRCL), 115,000 additional shares of SpaceX (SPCX), 59,700 additional shares of Coinbase (COIN), 16,300 additional shares of Cerebras Systems (CBRS), and 70,200 additional shares of Intellia Therapeutics (NTLA). Meanwhile, ARKK trimmed its holdings: 1,822 shares of Brera Holdings (SLMT), 101,500 shares of Snowflake (SNOW), and 1,599,000 shares of Roblox (RBLX).

According to Lookonchain’s monitoring, a whale wallet with an address starting with 0x7C5a has exited its Ethereum (ETH) position to cut losses after holding the asset for over three years, suffering a total loss of more than $19 million. On-chain data shows the whale purchased ETH at an average price of $2,723 in February 2022 and March 2023, and subsequently staked the tokens. Ten hours ago, this address sold 7,323 ETH, worth approximately $13.96 million.

Per HTX market data, Bitcoin has rebounded past the $65,000 level, posting a 1.08% gain over the past 24 hours.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against two Iranian cryptocurrency exchanges, Shelbit and Aban Tether, expanding the Trump administration’s "Economic Fury" campaign targeting Iran’s financial networks. The Treasury accuses the two platforms of being used for large-scale crypto asset transfers, evading U.S. sanctions, and supporting Iran’s Islamic Revolutionary Guard Corps (IRGC) and other entities designated by the U.S. as terrorist organizations. OFAC also sanctioned Shelbit operator Siavash Kayvanpour and multiple companies he controls in Georgia, Poland, and the United Arab Emirates. The Treasury noted that IRGC-linked wallets sent over $1 million in crypto assets to Shelbit and received more than $2 million from the exchange. Additionally, wallets linked to Kayvanpour are alleged to have transferred more than $2 million to Nobitex, Iran’s largest crypto exchange. The Treasury said Shelbit also serviced a network of over 2,000 gambling websites suspected of laundering tens of millions of dollars via crypto assets. Ahead of the sanctions, Reuters reported an investigation finding Shelbit processed at least $4 billion in transactions over the past two years, involving Iran’s gambling network, the Central Bank of Iran, and IRGC-linked entities. Data shows Shelbit-linked wallets transferred at least $676 million to Binance, with roughly $540 million of that amount coming after the Dubai Virtual Assets Regulatory Authority (VARA) penalized Shelbit for operating without a license. In addition, OFAC also sanctioned Iranian exchange Aban Tether, alleging it processed millions of dollars in transactions involving Nobitex and previously sanctioned platforms including Wallex, Bitpin, and Ramzinex.