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๐Ÿ—ฃ Dubaiโ€™s Virtual Assets Regulatory Authority (VARA) stated that crypto exchange KuCoin is operating without the necessary license and must cease offering services in Dubai. The regulator also cautioned that KuCoin's promotions or marketing have not been approved and advised residents to avoid the platform. #regulation link

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ #macro US:
- Unemployment Rate: 4.4% (Prior: 4.3%);
- Nonfarm Payrolls: -93k (Prior: 130k)

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ท Binance says US Senator Blumenthal's claims that Iranian-linked accounts operated on the platform are false and an "attack on crypto." #hack

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๐Ÿ“ Nexo is among the leading CeFi lenders, with a ~$1.7B loan book representing 7.1% of total outstanding balances. link

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๐Ÿ“ˆ #BTC The number of Bitcoin non-zero addresses hits an all-time high of 58.5M link

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿค #USDT #BTC Utexo attracts $7.5 million under the leadership of Tether to launch settlements in USDT on the Bitcoin blockchain. link

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๐Ÿ“Š WTI oil futures are pumping.

However, trader 0x4ff9 is betting the opposite.

In the past hour, he opened a 3x short on 30,000 xyz:CL ($2.67M).

Liquidation price: $114.88. link

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๐Ÿ’ฐโ›๏ธ #BTC miner Cango has temporarily taken about 30% of its mining capacity offline, reducing its average operating hashrate to 34.55 EH/s from 50 EH/s. This decision comes as declining mining profitability pressures operations, and the company stated that it is part of efforts to optimize equipment. link

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿฆ 21Shares US launches a Polkadot ETF, $TDOT, giving investors exposure via banks and brokers. #etf

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๐Ÿ˜ฑ1
๐Ÿ•ต๏ธ Machi deposited $210K $USDC into HyperLiquid to increase his $ETH (25x) long position.

Before that, as the market dropped, Machi closed the majority of the position at a loss, and his loss is now above $29.7M. link

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๐Ÿ•ต๏ธ It's now estimated that Michael Saylor's strategy has already accumulated over 300 #BTC this morning.

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‘€ Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -1,697 $BTC (-$116.94M)
7D NetFlow: +13,014 $BTC (+$896.69M)

Ethereum ETFs:
1D NetFlow: -3,185 $ETH (-$6.34M)
7D NetFlow: +33,041 $ETH (+$65.82M)

Solana ETFs:
1D NetFlow: -66,239 $SOL (-$5.63M)
7D NetFlow: +353,121 $SOL (+$30.02M)

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ“‰ About $800B wiped from U.S. stocks at the open.

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๐Ÿš€ #BTC Bitcoin has hit its most oversold level in 11 years, according to the Ultimate Oscillator. This is considered a bullish indicator.

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๐Ÿ˜ฑ1
๐Ÿ“‰ Solana $SOL falls under $85

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๐Ÿ’ณ Mastercard introduced โ€œVerifiable Intent,โ€ a new standards-based trust layer developed with Google. This initiative aims to provide cryptographic proof of user authorization for AI-driven purchases.

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๐Ÿ“‰ Bitcoin has dropped below $68,000.

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๐Ÿ—ฃ Strive $ASST Chief Risk Officer Jeff Walton says, "Bitcoin as collateral is evolving. Banks and companies are now starting to see digital credit like $STRC and $SATA as capital." link

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๐Ÿ—ฃ Jim Cramer says now is a "chance for people to sell."

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๐Ÿ‡บ๐Ÿ‡ธโš– Nintendo sues the US government over President Trump's tariffs, demanding a prompt refund with interest. #tradewars

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