⚖️ Goldman Sachs stated that the Supreme Court decision will not overturn tariffs. It expects the Trump administration to use an alternative legal basis. #regulation

🇺🇸👀 CNBC: Lawyers specializing in trade issues warn that the refund of tariffs could be delayed depending on decisions by U.S. courts and the process of repayment by U.S. customs. The Supreme Court's decision does not address whether tariffs paid at higher rates will need to be refunded.

Supreme Court: "The court's decision is unlikely to significantly limit the president's authority to impose tariffs in the future. The refund process is also likely to be 'chaotic'." #regulation #tradewars

🤔 Strategy's CEO Phong Le and Morgan Stanley's Head of Digital Assets will discuss their long-term thinking in #BTC and banking at Morgan Stanley next week.

👀 Search interest for cryptocurrencies on Google is declining and appears to reflect the same sentiment seen in 2022. link

🧯 #POL Polygon: 100,000,000 POL burned and removed from circulation

🕵️ 390,070,398 #USDT (390,216,674 USD) transferred from #HTX to Aave link

🤔 TradeWars Trump plans new "comprehensive tariff" #tradewars

🗣 Jeff Booth says, “Monopolies want regulation, they pretend they don’t. That’s why it’s one big club and you’re not in it.” link

🗣 #tradewars Trump:
- Countries will not dance for long;
- Alternatives to tariffs will be used;
- There are methods more effective than tariffs;
- Maybe we will get more money;
- I have the right to stop all trade with any country, I have the right to impose an embargo;
- Tariffs on fentanyl remain in effect.

🇺🇸⚖️ President Trump says $175,000,000,000 in tariff refunds will be fought in court "for the next 5 years." #regulation

⛏️ 6,512.71 #BTC ($441,216,951)
Aggregated flows from miners to exchanges link

📉 #BTC Since the new ATH in early October, US Spot ETF balances have posted their largest drawdown of this cycle, down approximately 100.3k BTC. Institutional de-risking has added structural weight to the ongoing weakness, reinforcing the broader risk-off environment. #etf

📉 #BTC Since the new ATH in early October, US Spot ETF balances have posted their largest drawdown of this cycle, down approximately 100.3k BTC. Institutional de-risking has added structural weight to the ongoing weakness, reinforcing the broader risk-off environment. #etf

🙋‍♂ #S Sonic Labs announced the departure of Mitchell Demetra from the position of Chief Executive Officer (CEO). Additionally, Evan Owens, the Director of Business Development, has also resigned. Sonic Labs has terminated its partnership with CMCC Resonance Fund.

🇺🇸💰 The SEC has issued recommendations on capital requirements for brokers regarding stablecoins. It has also introduced new rules allowing broker-dealers to apply a "2% haircut" to their own positions in certain stablecoins. #regulation

🗣 Billionaire Tim Draper on Bitcoin: "I think it's the greatest thing that's happened to humanity."

"It's as big of deal as going from nothing to shells, from shells to gold."

📌 Top 5 News for 24 Hour:

1. Supreme Court overturns Trump's tariffs on TradeWars. → Read full
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2. James Wynn opens $BTC short position with 40x leverage. → Read full
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🏦 Bitcoin has never experienced a banking crisis, particularly a global liquidity crisis. This situation can be likened to a significant deflationary event, akin to squashing a bug. link

📝 New research published

In this report, we analyze how Hyperliquid’s order book is shifting competitive dynamics between exchanges and influencing liquidity flows across the market.

Whether you’re already following this development or want to better understand the narrative behind it, this is essential reading.

Access the full report link

📈 Gold reclaims $5,100

📈 Coinbase CEO Brian Armstrong said countries that embrace crypto are likely to see the most economic growth over the next decade.