Summary
gm, Bitcoin shows resilience amid broader economic uncertainties. The SEC clarified that most dollar-based stablecoins are not securities, potentially easing regulatory concerns. Meanwhile, PayPal expanded its crypto offerings to include Solana and Chainlink, signaling growing mainstream adoption. Notably, Bitcoin miners faced challenges due to new tariffs, while some altcoins experienced substantial price fluctuations. This period underscores the crypto market's sensitivity to macroeconomic factors and regulatory developments.

News Headlines
📉 Crypto Stocks Down, IPOs Delayed Amid Tariff Uncertainty

  • Major crypto companies like Coinbase saw stock prices plummet following Trump's tariff announcements.
  • Several firms, including stablecoin issuer Circle, have postponed planned IPOs due to market uncertainty.

đź”® Analysts Predict Potential Bitcoin Rally to $100K

  • Some analysts believe Bitcoin could approach $100,000 as it shows signs of decoupling from US stocks.
  • A developing narrative suggests gold's price movements may anticipate Bitcoin's breakout.

đź’° PayPal and Venmo to Add Support for Solana and Chainlink

  • PayPal will enable users to buy, sell, hold, and transfer Solana and Chainlink within PayPal and Venmo apps.
  • This expansion aims to offer greater flexibility and choice for digital currency transactions.

🏦 Fidelity Introduces Crypto Retirement Accounts with Minimal Fees

  • Fidelity has launched new retirement accounts allowing Americans to invest in cryptocurrencies with minimal fees.
  • The accounts include traditional and Roth IRAs, enabling users to buy and sell Bitcoin, Ethereum, and Litecoin with only a 1% spread fee on transactions.

🚀 Sentient's AI Search Outperforms GPT-4 and Perplexity

  • Sentient launched Open Deep Search (ODS), an open-source AI search framework that achieved 75.3% accuracy on benchmarks, significantly outperforming closed-source competitors like GPT-4o and Perplexity AI.
  • ODS aims to be a high-performance, developer-friendly alternative that allows developers to create models while safeguarding their intellectual property.

Market Metrics

Fundraising & VC
1. Momentum (Seed, $5M) - Central liquidity engine of the Move ecosystem
2. BurrBear (Public Token Sale, $148.1K) - Decentralized exchange platform on Berachain
3. BugsCoin (Strategic, Undisclosed) - Crypto investment education platform

On-chain Data
1. Immutable X (IMX) token unlocked today ($4.54M, 0.58%)
2. Galxe (GAL) token unlocked today ($2.78M, 2.35%)
3. Ethena (ENA) token unlock in 1 day ($107M, 6.3%)
4. Tensor (TNSR) token unlock in 3 days ($16.41M, 33.42%)

Regulatory
đź’° Malta Fines OKX $1.2M for AML Violations

  • Malta's Financial Intelligence Analysis Unit fined OKX's European subsidiary for past AML compliance failures.
  • Issues dated to 2023, despite recent improvements by OKX.

🌎 Brazil Court Allows Crypto Seizure for Debts

  • Brazilian court ruled judges can seize cryptocurrencies to satisfy creditors.
  • The court recognizes crypto as valid form of payment and store of value.

🏦 SEC Issues New Stablecoin Guidelines, Excludes Algorithmic Tokens

  • The SEC classified 'covered stablecoins' as non-securities, exempt from certain reporting requirements.
  • Stablecoins must be fully backed by fiat reserves and redeemable 1:1 with US dollars to qualify.

🚨 Trade War Sparks Market Turmoil, Bitcoin Shows Resilience

  • US stocks lost $3.5 trillion in value amid Trump's tariff announcements and Fed warnings of higher inflation.
  • Bitcoin decoupled from stocks, rising to $84,720 as markets tumbled, showing resilience amid economic uncertainty.

Technical Analysis
Bitcoin - Bitcoin is in a falling trend channel in the short term. This shows that investors over time have sold at lower prices to get out of the currency, and indicates negative development for the currency. The currency is testing resistance at points 84000. This could give a negative reaction, but an upward breakthrough of points 84000 means a positive signal. The RSI curve shows a falling trend, which supports the negative trend. The currency is overall assessed as technically negative for the short term.

Ethereum - Ethereum is in a falling trend channel in the short term. This shows that investors over time have sold at lower prices to get out of the currency, and indicates negative development for the currency. The currency has broken down through support at points 1870. This predicts a further decline. In case of positive reactions, there will now be resistance at points 1870. The currency is assessed as technically negative for the short term.

Governance & Code
đź’  GMX DAO | Bridging & Messaging Partner For GMX (Active Vote)
- This proposal seeks to finalize the next step in selecting a bridge and messaging partner for GMX's multi-chain expansion.

🦄 Uniswap DAO | Establish Uniswap v4 Licensing Process (Preliminary Discussion)
- This proposal aims to establish the foundational infrastructure for scaling Uniswap v4 deployments across multiple blockchains while preserving the competitive advantage offered by its Business Source License (BSL).