🇧🇷🕹 Brazil removes cryptocurrency tax exemption and introduces a 17.5% rate on all capital gains from digital assets. #regulation cointelegraph

📊 CQ: #BTC Rallies Despite Historic Yield Levels

This anomaly suggests a structural shift in Bitcoin’s role within the macro landscape. The explanation is that Bitcoin is becoming increasingly perceived as a store of value.

🕵️‍♂️ AguilaTrades, a top trader on Bybit with $77.36 million in profits over the past year, has switched to Hyperliquid. But his first #BTC long on #BTC brought him $12.47 million in losses. Now he has reopened a 20x leveraged BTC long with a position of 1,894 BTC ($200 million).

📝👀 Top projects scheduled to launch their mainnet soon

These are the top projects preparing to launch their mainnet soon — from zkVM-powered L1s to Ethereum-settling L2s. Several offer confirmed airdrops for early users, with public testnets already live.

📈 #NFT Over the past 7 days, NFT transaction volume has increased by 37.1%, with transaction volume on the Immutable network again up over 86% ($41.1 million).

🇸🇻📉 Central Bank of El Salvador: Cryptocurrency transfers in El Salvador fell 44.5% in the first quarter of this year compared to the first four months of last year.

📊 Coinglass: A total of ~8345 #BTC has been withdrawn from CEX in the last week.

📊👀 #BTC Based on the MVRV Pricing Bands, if Bitcoin breaks below the $102,044 support, it could retrace to the mean around $82,570.

🔮📈 #BTC A peer-reviewed study suggests Bitcoin could hit $1 million by early 2027. By 2031, Models point to $5 million.

🇻🇳🕹 Vietnam has legalized digital assets by passing the Digital Technology Law, which will take effect on January 1, 2026

👀 Strategy probably made another #BTC purchase this week

📉⚠️ #ZKJ has no announcement yet but has lost 50% of its value in the last hour

🧐 #ZKJ Polyhedra: Today’s price drop was caused by a series of abnormal on-chain transactions within a very short period on the ZKJ/KOGE trading pair.
Our team is closely reviewing the situation and will share more information as soon as possible.

🙅‍♂🍿 #ZKJ Bybit delist ZKJ futures.

💰 Top 7 Most Notable Rounds of This Week

📊👀 #ETH The key support zone for Ethereum lies between $2,368 and $2,445, where 2.37 million addresses accumulated over 65 million ETH.

💸 LoC notes that six whale wallets sold 5.23 million ZKJ for $9.66 million before the token's price collapsed.
Meanwhile, according to CoinGlass, ZKJ traders have liquidated nearly $100 million worth of ZKJ in the last 4 hours.

Binance: We immediately detected fluctuations in the price of ZKJ and Koge. According to preliminary research, this is due to the withdrawal of liquidity by whales on multiple exchanges and networks and a series of consecutive liquidations.

📊📈 According to Token Terminal, monthly DEX volume +460%, active loans +357%, and stablecoin supply is up 83% in two years.

🎢 #BTC is at 3% adoption in 2025. This is equivalent to Social Media users in 2005 or the Internet users in 1990.

📊 #BTC 21st Capital: Bitcoin Cycle Model = Cycle Patterns + Quantile Model

It models the first 4 cycles and then predicts the 5th cycle.

Training stopped in April 2024. No data beyond that point is used in training.

And it predicts this cycle very well.

🇺🇸🤔 HTX Research: The dollarization of crypto continues, acting as both an opportunity and a risk.

US policy may mirror past cycles, using GDP shocks to justify #BTC accumulation and institutional adoption.