Market & Flows
• Dormant wallet linked to Clifton Collins moves $35M BTC after 10 years.
• Bhutan transfers 519.7 BTC (~$36.75M); still holds 4,453 BTC (~$315.9M).
• Bitcoin trades below key level amid geopolitical and Fed uncertainty.
• Bitcoin sees rare two-block reorg as Foundry overtakes AntPool and ViaBTC.
Institutional & Investment
• Ark Invest buys $16M+ Circle shares; stock drops 20% amid stablecoin concerns.
• Robinhood approves new $1.5B share buyback program.
• Bernstein: Bitcoin likely bottomed; sees 226% upside for Strategy.
Corporate & Treasury
• Bitmine adds 67,111 ETH (~$145M); remains largest ETH treasury holder.
• Hut 8 shifts strategy toward energy infrastructure model.
Corporate & Industry Developments
• Balancer Labs winding down after $128M exploit and legal risks.
• Eureka Labs raises $6.7M seed round (SAFE with token warrants).
• Hyperliquid Strategies launches options trading for PURR shares.
Regulation & Policy
• CFTC forms innovation task force for crypto, AI, and prediction markets.
• Stablecoin legislation may restrict rewards, reducing USDC attractiveness.
• TD Cowen: prediction market bills unlikely this year; 2028 election key risk.
• Kalshi and Polymarket tighten insider trading controls amid Senate scrutiny.
Stablecoins & Payments
• Tether hires Big Four firm for first full reserves audit.
• Circle freezes USDC in 16 wallets linked to suspicious activity.
Blockchain & Infrastructure
• NYSE partners with Securitize for 24/7 tokenized securities platform.
• Zama and T-REX launch privacy layer for tokenized assets targeting
institutions.
• Silo V3 introduces new liquidation mechanism enabling new collateral types.
Products & Trading
• BitGo offers OTC prediction market access via Susquehanna partnership.
• OKX launches equity perpetual swaps with up to 5x leverage on “Mag 7” stocks.
Security & Risk
• Resolv gives exploiter 72-hour ultimatum to return 90% of $25M stolen funds.
