Today's overview and weekend events.

#FF sponsors experience rapid gains following more than 100% surge, followed by notable sell-offs at peak activity. At 21:56, FF led all centralized exchange platforms in sales volume, prompting a correction in the token's price.
#Careport Chart

#FF sponsors experienced over 100% surge before sharp sell-offs at peak, with FF reaching the top of sales charts on all centralized exchanges at 21:56, resulting in a notable price correction for the token.
#Careport Chart

Trump said he would not allow Iran to impose taxes on vessels passing through the Strait of Hormuz.

Trump said he would not allow Iran to levy taxes on ships passing through the Strait of Hormuz.

Bitwise has filed an amendment for its Hyperliquid ETF, which will trade under the ticker BHYP and carry an expense ratio of 67 basis points.

A federal judge has blocked Arizona from pursuing criminal charges against Kalshi. coindesk.com

Polymarket plans to upgrade its protocol and introduce #pUSD, an ERC-20 token on the Polygon network fully backed by #USDC. The upgrade aims to reduce gas fees, minimize failed trades, and enhance order management. CTFv2 contracts have been audited by Cantina and Quantstamp, with the smart contract source code set to be released publicly next week alongside a bug bounty program.

Whale and institutional transactions:

The Ethereum Foundation sold its remaining 1,250 ETH for $2.8 million. To date, all 5,000 ETH slated for sale have been converted into 11.11 million DAI at an average price of $2,221.

A wallet associated with Cumberland withdrew 26,500 ETH, valued at approximately $59.52 million, from a centralized exchange within the past 14 hours.

A new wallet withdrew 600,529 TRUMP tokens, worth around $1.71 million, from Bybit, potentially related to the “gala dinner” featuring Trump.

CryptoRank reports the top 10 cryptocurrency growth leaders of the week.

Andrey Grachev of DWF stated that the cryptocurrency market is neither dead nor in decline, highlighting that it currently presents attractive opportunities for simple strategies such as long-term Bitcoin holdings or speculation. He noted that many investors continue to buy at high prices and sell at lows, advising continuous learning and caution. Previously, he referenced the Pump & Dump event involving Falcon Finance.

Andrey Grachev of DWF stated that the market is neither dead nor declining, highlighting that it currently presents favorable opportunities for straightforward strategies such as long-term Bitcoin holdings or speculative trading. He advised investors to continue learning, cautioning against emotional trading behaviors like buying at highs and selling at lows. Grachev emphasized enjoying the market and making informed decisions. Previously, Falcon Finance experienced a Pump & Dump event.