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With war tensions easing, Bitcoin is poised to break its ATH without waiting for $90K.Skipping $90K: The New NarrativeMomentum Builds for Bitcoin ATH
Bitcoin’s MVRV score (~2) sits in neutral—not a top or a bottom zone—suggesting ample upside ahead.What the Zones MeanWhere Are We Now?Why It Matters for Investors
Aurora Mobile to invest up to 20% of its cash in BTC, ETH, SOL, SUI, and other crypto assets for treasury diversification.Diversifying the Treasury with Crypto AssetsA Growing Trend Among Tech Firms
Tether’s €128M football stake in Juventus hits 10.7%, seeks board seat and joins future fundraises.Football Governance: Board Seat & Capital PlansCrypto Meets Classic FootballThe Road Ahead for Juventus Football
- 16:33Fragmetric Foundation Announces Launch of FRAG Token, Allocating 10% of Total Supply to the CommunityThe Fragmetric Foundation announced on Platform X the launch of the FRAG token, with 10% of the total supply allocated to Fragmetric users and the community.
- 16:32WSJ: The GENIUS Act Could Force Tether to Undergo Audits, Making It the "Biggest Loser"The upcoming GENIUS Act in the US Congress will bring stablecoins into the financial mainstream, but the bill requires stablecoin issuers to back their tokens with safe assets such as cash and short-term US Treasuries. Large issuers must also publish audited annual financial statements. This poses a significant challenge for Tether, the issuer of USDT, which is currently partially backed by Bitcoin and gold and has long refused to fully disclose its financial details. Scott Armstrong, a former federal prosecutor who has handled crypto cases, noted, “This could result in Tether being unable to continue operating in the United States.” Analysts believe the GENIUS Act will force Tether to undergo audits, making it the “biggest loser.” As of now, Tether representatives have not responded to requests for comment. (The Wall Street Journal)
- 16:32SiloLabs: Security Issue Detected, Automated Leverage Smart Contract Now SuspendedSilo Labs posted on X, stating that they have become aware of a security issue. Silo’s core smart contracts—including markets and treasury—are not affected. The impact is limited to the automated leverage smart contract, which has now been suspended.