Market & Flows
• Bitcoin consolidation signals potential bottom as selling pressure wanes
(K33).
• Bhutan transfers another 519.7 BTC (~$37M); selling activity increases.
• Dormant 500 BTC linked to Irish drug dealer reactivates, likely moved by
police.
• South Korea records $60B crypto outflows in H2 2025.
Regulation & Policy
• U.S. indicts two Chinese firms and six nationals over fentanyl-linked crypto
money laundering.
• Coinbase opposes Clarity Act draft over restrictions on stablecoin yield.
• U.S. House holds tokenization hearing; lawmakers say tokenization is
inevitable.
• U.K. proposal would force political parties to unwind crypto donations.
• Australia central bank says stablecoins and deposit tokens can coexist.
Stablecoins & Payments
• Circle begins restoring frozen USDC wallets; more expected.
• Mastercard seen benefiting from stablecoins in cross-border payments (Mizuho).
• Bitget Wallet launches stablecoin payments infra with Ripple, Mastercard,
Tether.
• Payy raises $6M seed for privacy-focused stablecoin payments.
Institutional & Investment
• Morgan Stanley spot BTC ETF listing on NYSE seen as imminent.
• Bitwise sees Circle valuation reaching $75B by 2030.
• Startale raises $63M Series A backed by SBI and Sony.
• Cipher Digital secures AI lease and plans $200M credit facility.
Corporate & Industry
• Visa becomes Canton Super Validator, expanding blockchain role.
• Coinbase pushes trading data onchain via Chainlink DataLink.
• Kraken launches crypto structured options via STS Digital.
• Bitcoin Depot reshuffles leadership, expects 30% revenue drop in 2026.
DeFi & Infrastructure
• Aave V4 targets idle liquidity with reinvestment module to boost yields.
• Tokenized funds to trade 24/7 and integrate with DeFi via Ondo liquidity.
• Ripple joins Singapore central bank project for RLUSD trade settlement.
Corporate Strategy & Assets
• Bitmine launches MAVAN ETH staking platform, plans to shift ETH strategy.
• Bernstein: Circle selloff overdone; Clarity Act impacts distributors, not
issuers.
Exchange & Market Integrity
• Binance tightens scrutiny on market makers and early-stage trading behavior.
