In partnership with

Good afternoon,

Bitcoin pushed back above $64,000 as miner stocks rallied and pressure from the recent AI-driven selloff eased, though the broader macro backdrop for growth assets remains fragile. Markets were rattled by a high-profile AI “doom” report that sparked a selloff in software and payments stocks, while Coinbase opened stock and ETF trading to all U.S. users and the Fed seeks comment on scrapping its “reputation risk” rule amid ongoing crypto debanking concerns.

Let’s unpack this and more! 👇

What do these names have in common?

  • Arnold Schwarzenegger

  • Codie Sanchez

  • Scott Galloway

  • Colin & Samir

  • Shaan Puri

  • Jay Shetty

They all run their businesses on beehiiv. Newsletters, websites, digital products, and more. beehiiv is the only platform you need to take your content business to the next level.

🚨Limited time offer: Get 30% off your first 3 months on beehiiv. Just use code PLATFORM30 at checkout.

Start building for 30% off today.

News Roundup

Artificial Intelligence

  • Developer Fine-Tunes AI on Jeffrey Epstein Emails, Model Draws Controversy (Decrypt)

  • Anthropic Claims Chinese AI Labs are Stealing its Data (TechCrunch)

  • X Restricts Bot Replies to Mentions and Quotes (X)

  • Meta Strikes Up to $100B AMDs Chip Deal for AI Push (TechCrunch)

Decentralized, Centralized, & Traditional Finance

  • Ethereum Foundation Forms ‘Defipunk’ Team to Support New Protocol Development (The Block)

  • Fed Seeks Comment on Ending ‘Reputation Risk’ Rule Amid Crypto Debanking Concerns (Cointelegraph)

  • SEC Grants WisdomTree Request For Intraday Trading of Tokenized Money Market Fund (Reuters)

  • HashKey Group Launches One-Stop RWA Issuance Solution in Hong Kong (HashKey Group)

  • RedotPay Weighs $1B U.S. IPO at $4B+ Valuation: Report (Cointelegraph)

  • DSRV and SBI Ripple Asia Partner on Korea–Japan Blockchain Remittance Research (DSRV)

  • Canton Network Executes First Cross-Border Tokenized Gilt Repo (CoinDesk)

  • Bitcoin Price Discovery Shifts Toward CME in Chicago (CoinDesk)

  • PayPal Draws Takeover Interest After 46% Stock Slide (Cointelegraph)

  • Meta Eyes Stablecoin Comeback in H2 2026 (CoinDesk)

  • Oobit Enables Global Bank Transfers via Distributed Technologies Research (The Block)

  • Payoneer Files With OCC to Launch Bank, New Stablecoin (The Block)

  • Trojan Integrates Hyperliquid Perps, Adds Tokenized Stocks and Commodities (Trojan)

  • Bitwise Acquires Chorus One to Expand PoS Services (The Block)

  • Stripe Valuation Jumps to $159B on Tender Offer (The Block)

  • DeFi Must Stay Core to Ethereum and Go Deeper (Vitalik Buterin)

Exchanges

  • Upbit to List Solana Mobile’s SKR Trading Pairs Against KRW, BTC, and USDT (Upbit)

  • Binance’s 39th Proof of Reserves: BTC Up, ETH and USDT Down (Binance)

  • Coinbase Opens Stock Trading to All U.S. Users, Partners With Yahoo Finance (The Block)

  • Binance Brings Back Tokenized Stocks via Ondo Finance Partnership (The Block)

  • Kraken Launches 24/7 Perpetuals Trading for Tokenized U.S. Stocks (CoinDesk)

Exchange-Traded Funds

Infrastructure

  • Hashgraph Group Launches Hedera Tool for EU Digital Product Passports (Cointelegraph)

  • TRM Labs, Finray Technologies Launch Crypto and Fiat Monitoring System (Cointelegraph)

  • Stablecore’s Jack Henry Integration Brings Stablecoins to 1,600+ US Banks (Cointelegraph)

  • Satlantis Launches Bitcoin-Native Ticketing Platform With Lightning Wallets (Cointelegraph)

  • MoonPay Launches ‘MoonPay Agents’ for AI-Driven Crypto Transactions (The Block)

Markets

  • Kalshi Clears Suspicious Trade Backlog, Vows Public Enforcement Disclosures (Decrypt)

  • Citrini AI ‘Doom’ Report Triggers Software and Payments Stocks Sell-Off (Cointelegraph)

  • Polymarket Traders Bet $3M on Which Crypto Firm ZachXBT Will Expose Next (CoinDesk)

  • Vitalik Buterin Sells 10,723 ETH After Pledging Open-Source Funding (The Block)

  • BTC Stalls Below $70K as AI and Deglobalization Pressure Growth Assets (Wintermute)

  • Over 400,000 BTC Accumulated Between $60K–$70K During Latest Downturn (CoinDesk)

  • Stripe’s Bridge Volume Quadruples as Stablecoins Buck Crypto Slump (CoinDesk)

  • Bitcoin Reclaims $64K as Miners Rally and AI Rout Eases (CoinDesk)

Mining

  • Canaan Buys Cipher Mining’s Stake in West Texas Bitcoin Mining Projects (The Block)

Politics & Regulation

  • Former Chainlink Deputy Taylor Lindman Named Chief Counsel of SEC Crypto Task Force (The Block)

  • Arizona Senate Advances Crypto Reserve Bill Using Seized Assets (Decrypt)

  • Russia Investigates Telegram Founder Pavel Durov for Alleged Terrorism Assistance (Cointelegraph)

  • Austria Freezes New Business at KuCoin’s EU Exchange Over Compliance Gaps (Cointelegraph)

  • Michigan Lawmakers Propose Allowing State Employees to Be Paid in Bitcoin (Bitcoin Magazine)

  • Vladimir Putin Signs Law Allowing Russian Courts to Seize Crypto (DL News)

Treasuries

  • Anthony Pompliano’s ProCap Buys Back Shares as Stock Trades 85% Below Peak (Decrypt)

  • Ethereum Foundation Begins Staking Treasury, Plans 70K ETH Allocation (Ethereum Foundation)

Venture Capital

  • Robinhood Ventures Fund I to Open Private Markets to Retail Investors (Robinhood)

  • Framework Ventures Backs Better’s $500M DeFi Mortgage Token Plan (Cointelegraph)

Other News

  • Terraform Labs Sues Jane Street Over Alleged Insider Trading (The Block)

  • Kalshi Removes X Affiliate Badges After Promotion Rule Changes (The Block)

  • El Salvador Revamps Bitcoin Learning Curriculum for Public Education System (DL News)

  • Revolut Reports Ex-Employee Over Alleged KYC Data Extortion Attempt (Cointelegraph)

  • Nansen to Establish Bhutan Entity in Gelephu Mindfulness City (Cointelegraph)

  • South Korean Man Accused of Poisoning Business Partner Over Failed Crypto Investment (DL News)

  • How Many People Actually Pay With Bitcoin? Real-World Use Cases Revealed (Cointelegraph)

  • 3 Solana Platforms to Shut Down After $40M Step Finance Hack (Cointelegraph)

Check This Out!

The seven largest token unlocks scheduled for this week total $114.71 million, with Sui leading at $48.87 million.

Source: CryptoRank

Meme of the Day

Source: Bold Leonidas

Rate Today’s Edition

What do you think of today's edition?

Help us make our content even better for you.

Login or Subscribe to participate

Share this newsletter, claim your reward! 🎁

Participate in the On & Off Chain referral program by sharing the newsletter with your friends to claim your reward:

  • ✌️2 referrals: A personal shoutout in On & Off Chain

Share the newsletter

Must be subscribed

Keep Reading