what has happened in the last 8 hours ? show me all important news, tweets and casts. make sure to only pick up stuff which is relevant and not spam

In the last eight hours, significant developments have emerged in the cryptocurrency and technology sectors. Bitcoin traders are closely monitoring the price as it hovers around $64,000, following a sell-off in U.S. stocks and geopolitical tensions in the Middle East. The cryptocurrency market is experiencing volatility, with XRP leading losses among major cryptocurrencies. Meanwhile, the decentralized finance (DeFi) protocol Convergence suffered a hack that resulted in a loss of approximately $212,000 due to a smart contract exploit. In legal news, the AI music generation startup Suno is defending its use of copyrighted music for training its AI models amid a lawsuit from the RIAA, which could set a precedent for the industry.

Additionally, a recent survey in India highlighted the impact of crypto taxes and anti-money laundering regulations on investors, suggesting a need for tax revisions. Ethereum ETFs have seen a positive shift with a net inflow of $285 million, despite Grayscale's Ethereum Trust experiencing significant outflows. Grayscale's Bitcoin ETF attracted $191 million in inflows, contrasting with outflows from other Bitcoin ETFs. The Bitcoin market remains attractive for long-term investors, as indicated by on-chain metrics showing strong holding sentiment. Lastly, the account on X (formerly Twitter) that allowed users to create memecoins has been suspended, reflecting ongoing regulatory scrutiny in the crypto space.

For more detailed insights, you can explore the full articles linked in the summaries.