Bitcoin is currently trading around $118,600, experiencing a daily gain of over 1%. The overall cryptocurrency market is seeing positive movements, with a weakening US dollar index being a contributing factor to this rally.

- Ethereum Rallies with Significant Spot ETF Inflows; Analyst Offers Contrasting View: Ethereum is maintaining its position above $3,700, fueled by substantial inflows into US spot Ethereum ETFs, which recorded over $534 million yesterday alone. Interestingly, Peter Schiff, a well-known Bitcoin critic, has suggested that Bitcoin might present a better trading opportunity than Ethereum, despite ETH's recent strong performance.

- Square Enables Bitcoin Payments for Merchants via Lightning Network: Block, Inc. (formerly Square) has initiated a program allowing merchants to accept Bitcoin payments. This integration utilizes the Lightning Network, aiming to facilitate faster transactions, with options for merchants to convert Bitcoin to fiat currency.

- Trump Media's Bitcoin Holdings Reach $2 Billion, Signifying Further Crypto Expansion: Trump Media and Technology Group (TMTG), the parent company of Truth Social, has announced its Bitcoin and related securities holdings have surpassed $2 billion, representing two-thirds of its liquid assets. The company plans further expansion into the crypto space, aligning with Donald Trump's broader agenda for U.S. crypto leadership.

- BitMine Secures $182M from ARK Invest for Ethereum Accumulation Strategy: BitMine has successfully raised $182 million from ARK Invest. This significant investment is intended to bolster BitMine's strategy for accumulating Ethereum, positioning the company as a more prominent player within the crypto market.