Quantum
Galaxy puts $5 million behind Bitcoin’s race to migrate before quantum risk arrives
Bitcoin is safe today, but signatures, software, custodians and users would need years to coordinate a defense.
Sentiment: Neutral
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Politics
New CLARITY Act update bans officials including presidents from issuing or even holding crypto tokens
The revised bill would force covered federal officials to divest certain crypto holdings or use blind trusts.
Crime
US targets $26.4 million in five crypto scam cases as DOJ says $800 million recovered
Five civil-forfeiture filings show how authorities can restrain crypto before suspects are identified, while victim repayment remains a separate and unresolved process.
Bankruptcy
Celsius founders face permanent crypto bans that could cost more than their $16.5M obligations
Together, the court-entered orders restrict marketing across deposit, exchange, investment, withdrawal and trading products, including assisted activity.
Exchanges
Why OKX hired Andrew Cuomo: Crypto’s next battle isn’t for users
The former New York governor joins as crypto exchanges pursue Wall Street partnerships, US regulation and institutional legitimacy.
Trading
Easy money on Polymarket and Kalshi is disappearing as prop firms deploy AI agents
Institutions, prop firms and AI agents are turning prediction markets into a professional arena for pricing uncertainty.
Hacks
515M NIGHT bridge exploit rocks Cardano but ADA jumps 8% anyway after landmark hard fork
Wanchain halted its Cardano-BNB Chain bridge after hundreds of millions of NIGHT were stolen, but the market has so far avoided extending the security discount to ADA.
Analysis
As Bitcoin breaches $66K its latest bottom signal trapped buyers in a 20% loss
Options skew at 11.4 points and positive funding show leverage rebuilding before Bitcoin confirms a durable bottom.
Digital Asset Treasuries
BitMine gets 98% of revenue from staking as a decade-long contract complicates an early exit
Ethereum Tower can keep its 2% interest and may elect continuing fees or a formula-based payment after a covered termination.
People
Winklevoss twins gave Trump’s super PAC $10 million 23 days after CFTC joined Gemini relief bid
Matching FEC rows name Gemini because it liquidated the same bitcoin, not because the exchange donated another $10 million.
Politics
Trump backs crypto ethics limits, putting CLARITY Act decision in Democrats’ hands
The president reportedly accepted sweeping crypto ethics restrictions, but Senate Democrats must still decide whether the language goes far enough to unlock the votes needed for passage.
Digital Asset Treasuries
BitMine is now $484 million away from completing its 5% Ethereum target
The Tom Lee-led company added just 7,430 ETH last week as it diverted about $86 million to buying back its own shares.