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🇪🇸🏦 Spain's second-largest bank BBVA, with $800 billion in assets, has joined the Qivalis group, which now includes 12 major EU banks such as BNP Paribas, ING, and UniCredit. The group aims to launch a regulated euro stablecoin to challenge the dominance of dollar stablecoins. Qivalis is applying to the Dutch central bank for electronic money institution authorization under the MiCA framework, with the token planned for launch in the second half of 2026. #stablecoin link
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🕵️ Bitcoin has dropped below Strategy's cost basis, currently showing a ~$1.5B loss.

Will they sell?

In 2022–2023, Strategy's $BTC holdings were in the red for over 500 days.

They sold 704 $BTC only once on December 22, 2022, and quickly bought back 810 $BTC afterward.

Aside from that, they've been strictly buy-and-hold.
🗽 Treasury Secretary Bessent says tariffs do not cause inflation. #macro
🐳 5 months ago, whale 0x66cF spent $44.78M in $USDC to buy 9,485 $ETH at $4,721 — right at the top.

1 hour ago, he sold all 9,485 $ETH for $20.5M at $2,162, taking a $24.27M (−54%) loss.

A classic buy high, sell low. link
🕵️ Even after being liquidated 262 times, Machi still hasn't given up!

He just deposited another 249,950 $USDC to keep going long on $ETH and $HYPE.

Positions:
1,000 $ETH ($2.13M) — liq. price: $1,933.21
26,000 $HYPE ($904K) — liq. price: $26.93 link
📝 Vitalik Buterin sold $3.3 million in $ETH over two days and donated the proceeds to a healthcare research charity. link
🕵️ The market keeps going down, and TrendResearch is under pressure again.

They deposited another 10,000 $ETH ($21.2M) into Binance to sell and repay loans.

They still hold 488,172 $ETH ($1.05B). link
📉 ETH has dropped below $2,100.
📊😱 Sentiment has turned extremely bearish toward #BTC and #ETH following crypto's major downswing this past week. #XRP is seeing a more optimistic outlook among traders.

As we know, markets move opposite to the fear & greed of retail traders. There remains a strong argument for a short-term relief rally as long as the small trader crowd continue to show disbelief toward cryptocurrency as a whole.
📉 NVIDIA Shares Fell To A One-Month Low.
📉 82% chance Bitcoin falls below $70,000
📈 $12 Trillion Vanguard Group increased its position in Bitcoin treasury company Strive $ASST to 27.63 million shares ($17.6 million). link
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🧑‍💻 CME Group explores launching its own crypto token.
💸 The 3D-SMA of Net Realized Profit & Loss is now at –$317M/day, a level last seen in December 2022. Loss realization has regained control, liquidity is fading, and patience is being tested.
🆕 Hyperliquid positioning tells a clear story:

Traders are net short ~240 #BTC. Entry heatmaps show shorts added from higher levels, plus fresh shorts opening around $75K and current prices. Meanwhile, long interest remains notably thin.
📊 Hyperliquid treasury seeks revenue boost using $HYPE holdings as options collateral. link