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Bitcoin climbed to a six-week high near $74,400 as bullish momentum returned, before easing back to around $74,000. Ether outperformed large-cap crypto assets as long-term holders continued adding exposure. Beyond markets, rising AI demand is helping revive interest in nuclear power, with Bitcoin miners among the earliest adopters of the trend. BlockFills is seeking bankruptcy protection after a deepening liquidity crunch, and Musk says Tesla’s “Terafab” AI chip project is just days from launch.

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News Roundup

Artificial Intelligence

  • Bitcast Becomes Bittensor’s First “Flywheel Subnet” (TAO Daily)

  • AGI Remains Silicon Valley’s Favorite Milestone—and Its Fuzziest One (Decrypt)

  • Utopai's PAI: Long-Form AI Video Generator (Decrypt)

  • Musk Says Tesla’s “Terafab” AI Chip Project Is Days From Launch (Reuters)

  • Ledger Now Supports Hardware Wallet Signing for MoonPay Agents Transactions (Decrypt)

  • Alibaba Creates AI Tool for Companies to Ride China Agent Craze (Bloomberg)

  • xAI Taps Wall Street Talent to Sharpen Grok’s Push Into High-Stakes Finance (Bloomberg)

  • Humanoid Robot Learned Tennis From 5 Hours of Motion Data (RoboHorizon)

Decentralized, Centralized, & Traditional Finance

  • Kraken-Linked SPAC Targets Crypto Firm Valued at Up to $10 Billion (Decrypt)

  • Federal Court Ends Custodia Bank's Legal Bid for a Master Account (Cointelegraph)

  • Dubai Financial District Rattled by Iranian Drones (Financial Times)

  • Crypto Lending Protocol Deposits Fall 36% Since October (Artemis)

  • Venus Protocol Left With Roughly $2M in Bad Debt After Exploit (The Block)

  • Aave and CoW Swap Clash Over What Caused a $50 Million DeFi Swap Disaster (The Block)

  • WLFI Passes Proposal Letting $5 Million Stakers Buy 'Direct Access' to Team (CoinDesk)

  • BlockFills Seeks Bankruptcy Protection After Liquidity Crisis Deepens (The Block)

  • Hana Group Partners with Standard Chartered for Digital Asset Business (The Block)

  • Abra Plans Nasdaq Debut Through $750 Million SPAC Deal (The Block)

Exchanges

  • Coinbase Eyes Investment Partnership With Bybit (Wu Blockchain)

  • Binance Will List Centrifuge (CFG) with Seed Tag Applied (Binance)

  • Bithumb Hit With Major Fine and Partial Suspension Over AML Violations (News 1)

  • MEXC Launches Prediction Market (MEXC)

Exchange-Traded Funds

Gaming

  • FBI Probes Malware Hidden in Steam PC Games (Decrypt)

Infrastructure

  • Ecosystem Should Remain Open to Rethinking Current Ethereum Client Separation (Vitalik Buterin)

Markets

  • USDC Climbs Toward Record as UAE Demand Surges (Cointelegraph)

  • Polymarket Argentina Inflation Bets Spark Insider Trading Fears (DL News)

  • Ethereum Supply Climbs by More Than 1 Million ETH Since the Merge (Ultra Sound Money)

  • More Than $438 Million in Token Unlocks Set to Hit the Market This Week (Tokenomist)

  • Senate Control Bet Tightens as Democrats Edge Ahead on Prediction Markets (Decrypt)

  • How Bitcoin and Gold Reacted Differently to the Iran War Shock (Cointelegraph)

  • On-Chain Analysts Say Erik Voorhees Bought 23,393 ETH (The Block)

  • XRP Rises Past $1.47 as a Breakout Builds on Bitcoin-Led Strength (CoinDesk)

  • Bitcoin Hits $74.4K Six-Week High as Analysts See ‘More Upside’ (Cointelegraph)

  • ETH Outperforms Large-Cap Crypto Assets as OGs Load Up (The Defiant)

  • Polymarket Bettors Send Death Threats to Reporter Over Missile Report (The Block)

  • Ten Reasons TAO is Up 100% (TAO Daily)

Meme Coins

  • Javier Milei Messages Tied to Memecoin Promoters Before Libra Launch (DL News)

  • How Trump Fan Snagged $2M Betting on President’s Second Memecoin Gala Dinner (DL News)

Mining

  • AI Demand Fuels Nuclear Revival, With Bitcoin Miners Ahead of the Curve (Cointelegraph)

  • Bitcoin’s 20 Millionth Coin Marks a Turning Point for Miners (Decrypt)

  • Superheat Introduced a Water Heater That Can Mine Bitcoin (Superheat)

  • AI Data Center Boom Raises New Questions About Bitcoin Mining’s Future (Cointelegraph)

  • Bitdeer Launches New LTC and DOGE Miner, SEALMINER DL1 Air (Bitdeer)

  • HIVE to Phase Down Bitcoin Mining in Sweden as It Doubles Down on AI (The Block)

Politics & Regulation

  • IRS Crypto Reporting Rules Set Stage for Confusing Tax Season in the US (The Block)

  • BPI Pushes for Bitcoin Tax Exemption by August as Time is Running Out (Cointelegraph)

  • SEC Dismisses Civil Fraud Case Against BitClout, DeSo Founder With Prejudice (The Block)

  • Japan Sets Sights on Spending $376 Billion on AI, Space, and Fusion by 2030 (Nikkei Asia)

  • Australia Senate Committee Backs Advancing Crypto Licensing Push (Decrypt)

  • US, UK, and Canada Launch Joint Crypto Phishing Crackdown (The Block)

Treasuries

  • Ethereum Foundation Sells 5,000 ETH to Tom Lee’s BitMine in $10.2M OTC Deal (The Block)

  • Strategy’s Million-Bitcoin Goal Would Require a Relentless Buying Pace (CoinDesk)

  • Metaplanet Raises $255 Million to Speed Up Its Bitcoin Buying Strategy (CoinDesk)

  • Strategy Buys 22,337 More Bitcoin, Pushing Holdings Above 761,000 BTC (Strategy)

  • Bitmine Says Its Ethereum Hoard Has Reached 4.596 Million Tokens (PR Newswire)

Venture Capital

  • Ironlight Raises $21 Million to Grow Its Tokenized Securities Marketplace (The Block)

Other News

  • Balaji Calls for More ‘Crypto Tools’ for Refugees and Stateless People (Cointelegraph)

  • Crypto Millionaire’s Nevis Project Offers Residents $100 a Month (Cointelegraph)

  • MEV Bros Point to Eisenberg Acquittal in High-Stakes Hearing (DL News)

  • Bitcoin Under Stress: Measuring Infrastructure Resilience 2014-2025 (Arxiv)

  • Judge Rejects RICO Claims in Lawsuit Over Pastor-Led Crypto Ponzi Scheme (Decrypt)

  • Crypto Thief Teens Trigger Helicopter Manhunt After Bomb Threat (DL News)

  • Streamex Hires Former Morgan Stanley Executive as CFO (The Block)

  • Crypto Crime on the Rise in Spain’s Basque Country (DL News)

  • With Thanh Le: How Vietnam Leaves the Wild West Behind (Wu Blockchain)

Check This Out!

The total number of tracked crypto tokens has surged past 37.8 million, reflecting an explosion in new token launches since 2023. The chart shows token creation accelerating sharply over the past two to three years.

Source: CoinMarketCap

Meme of the Day

Source: Bold Leonidas

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