Investor caution amid geopolitical tensions suggests a shift in capital 
allocation, impacting market sentiment and Bitcoin&#8217;s price outlook.
The post Bitcoin ETFs see $8.9M inflow as Ethereum leads with $71.1M on April 
4: FT appeared first on Crypto Briefing.

Bitcoin ETFs see $8.9M inflow as Ethereum leads with $71.1M on April 4: FT

Geopolitical tensions and regulatory uncertainties may hinder Bitcoin&#8217;s 
growth, requiring significant catalysts for substantial price increases.
The post Bitcoin ETFs see $8.9M inflows amid cautious market sentiment: FT 
appeared first on Crypto Briefing.

Bitcoin ETFs see $8.9M inflows amid cautious market sentiment: FT

Senator Richard Blumenthal has escalated his scrutiny of Binance, sending a 
follow‑up letter on April 1 to co‑CEO Richard Teng that presses the crypto 
exchange to explain apparent discrepancies between its testimony to the Senate 
and subsequent media reporting about transactions tied to Iran. The New Haven 
Democrat said he is concerned that Binance may have provided 
“misrepresentations or misleading information to the Subcommittee and to the 
public,” and he demanded documents and records the company relied on in 
preparing its earlier responses. Senate Probe Seeks Wallets, Transactions, And 
Answers Blumenthal’s letter comes after reporting by Fortune and The New York 
Times that traced roughly $1.7 billion in flows from Binance‑linked accounts 
to entities with ties to Iran, a far larger sum than the $110,000 figure 
Binance cited last year for direct transactions with four major Iranian 
exchanges. The senator said that gap, together with Binance’s partial or 
delayed production of materials requested by the Senate Permanent Subcommittee 
on Investigations (PSI), raised “further alarms about its candor and 
compliance with Congressional oversight.” Related Reading: New Bitcoin Crash 
Ahead? Bloomberg Strategist Forecasts Return To $10,000 – Here’s Why 
Blumenthal’s letter lays out a long list of specific questions and records 
requests. He asked Binance to disclose whether any accounts sent or received 
funds to or from a set of Iran‑linked wallets referenced in the reporting, and 
to provide the wallet addresses. He demanded a full, year‑over‑year accounting 
of transactions between Binance and known Iranian exchanges, and asked to 
explain the methodology it used to calculate the $110,000 figure, including 
whether it counted transfers that were later associated with Iranian 
exchanges. Blumenthal also pressed the crypto exchange on internal compliance 
practices. He asked whether Binance has removed, weakened, or relaxed any 
detection, screening, freezing, or reporting mechanisms since January 1, 2025, 
including tools designed to spot illicit indirect transfers. He sought clarity 
on whether Binance has ever declined to investigate, suspend, or remove 
accounts tied to individuals inside Iran — including those using VPNs or “drop 
accounts” (KYC‑verified accounts that are bought, shared, or stolen). 
Relatedly, he asked whether Binance had ever disciplined compliance staff who 
raised concerns internally or provided information to law enforcement or 
external partners, noting reports that Binance had dismissed personnel for 
“unauthorized disclosure.” Binance Given April 14 Deadline The senator further 
criticized what he characterized as delayed or inadequate action by Binance in 
response to law enforcement warnings. He said Binance took two months to 
respond to law enforcement regarding alleged terrorist financing by entities 
such as Hexa Whale and another two months to remove an implicated shell 
entity. He also alleged it took at least five months for Binance to remove 
Blessed Trust as a vendor after being warned about its role in suspected 
terrorist financing. Blumenthal wrote that Binance appeared, in some cases, to 
have labeled certain accounts with internal tags like “Don’t block. Internal 
accounts,” which he said should have signaled the need for heightened scrutiny 
rather than protection from enforcement. Related Reading: ICBA Opposes OCC’s 
Conditional Nod For Coinbase National Trust Bank Charter He asked for exact 
dates showing when the companies and people involved opened Binance accounts, 
started sending funds to Iranian intermediaries, were reported to US law 
enforcement, and when they were suspended or removed. The Senator also 
demanded explanations for any delays between being notified and taking action. 
Blumenthal invoked Senate rules and gave Binance until April 14 of this year 
to turn over records. Featured image from OpenArt, chart from TradingView.com

Senate Inquiry: Binance CEO Receives New Letter Amid Concerns Of Misrepresentations

Rising EU-US trade tensions could disrupt global markets, impacting economic 
stability and international trade relations significantly.
The post EU tariffs on US goods by September 30 loom as Trump escalates trade 
tensions appeared first on Crypto Briefing.

EU tariffs on US goods by September 30 loom as Trump escalates trade tensions

Skepticism about Iranian regime change highlights the regime&#8217;s resilience and 
the complexities of geopolitical shifts in volatile regions.
The post Market odds for Iranian regime change by June 30 drop to 13.5% as 
skepticism grows: FT appeared first on Crypto Briefing.

Cryptocurrency price in BRL