📉🤔 #BTC CQ: The current price convergence toward the band signaling the start of the accumulation phase, situated around $54.6K, suggests we are in the critical transition.

📊 Kraken announced the launch of Kraken Listings for asset listings, integrations, and reward incentives. Currently, Kraken supports 1,466 trading pairs and has listed over 300 tokens in 2025, distributing $2 million in rewards. Recently listed tokens include HYPE, SKR, BNB, BGB, and HSK. link

🕵️ Blackrock deposited 3,948 $BTC ($261.16M) and 5,734 $ETH ($11.04M) to Coinbase and is likely to deposit more. link

💵 1,000,000,000 #USDT (999,707,500 USD) minted at Tether Treasury link

🕵️ 1,100,000,000 #USDT (1,099,689,250 USD) transferred from Tether Treasury to #HTX link

🤑 #BTC Definalist: It seems that hundreds of Bithumb users received random 2000 BTC instead of 2000 KRW as a drop, causing the price of #BTC on Bithumb to drop more than 10% below the market price. One user managed to sell 2000 BTC at market price.

🕵️ 700,000,010 #USDT (699,846,709 USD) transferred from #HTX to JustLendDAO link

😱 #BTC Bitcoin saw its biggest one-day fall since the FTX crash yesterday.

HODL

🇨🇳🗽 Bloomberg: China bans unauthorized issuance of stablecoins backed by yuan #stablecoin

🇨🇳🙅‍♂️ China’s central bank and regulators reiterated a blanket ban on crypto activities, including trading, issuance, mining, and unapproved RMB-linked stablecoins. They stated that RWA tokenization is generally prohibited unless explicitly approved under designated financial infrastructure, with enforcement intensified against related financial crimes and offshore operations. link

🇺🇸🗣 Democrat Rep. Gregory Meeks stated live on Bloomberg that the crypto market structure bill may pass this year. link

💰 Tether announced a strategic investment in t-0 network, a USD₮-powered settlement network for licensed financial institutions. The initiative aims to enable near-instant, low-cost cross-border payments by using stablecoins as the core settlement layer, which will reduce FX exposure and improve efficiency through an API-connected global ledger. #stablecoin link

🇯🇵🗣 Japanese Bitcoin treasury company Metaplanet CEO says, “We will steadily continue to accumulate Bitcoin.”

Nothing stops this train. link

📉 Bitcoin's Yardstick has fallen to its lowest level on record, pushing valuation into an unprecedented zone. Conditions like this have rarely persisted, often marking periods where downside exhaustion meets long-term opportunity.

🏦 #CBDC Vice President of the European Commission stated that the EU will ban the digital ruble.

🕵️ 237,912,000 #USDT (237,974,927 USD) transferred from Bitfinex to Tether Treasury link

🕵️ 237,912,000 #USDT (237,974,927 USD) transferred from Bitfinex to Tether Treasury link

🗽 Treasury Secretary Scott Bessent on the Bitcoin & crypto market structure legislation:

"The digital asset revolution is here, and I am confident that with leadership from both sides of the aisle we can get this across the finish line."

🕵️ Secure Digital Markets executed a $1M Bitcoin transaction via the Lightning Network in a pilot project with exchange Kraken. The two companies describe it as the largest Lightning payment ever publicly recorded. link

🙋‍♂️ #MEGA announced that they will use their own stablecoin for token buybacks. #stablecoin

🇺🇸👀 Crypto #ETF Flows Today:

Bitcoin ETFs:
1D NetFlow: -6,201 $BTC (-$422.85M)
7D NetFlow: -17,435 $BTC (-$1.19B)

Ethereum ETFs:
1D NetFlow: -13,695 $ETH (-$26.98M)
7D NetFlow: -147,069 $ETH (-$289.73M)

Solana ETFs:
1D NetFlow: -12,241 $SOL (-$1.03M)
7D NetFlow: -67,632 $SOL (-$5.68M)