📢 HSBC & Standard Chartered Eye Stablecoin Licenses

Hong Kong moves forward with regulated stablecoins.

• HSBC and Standard Chartered are expected to receive early stablecoin issuer licenses
• Part of Hong Kong’s push to build a regulated stablecoin market
• Licenses would allow banks to issue stablecoins under new rules

📢 TOKEN2049 Dubai Postponed to 2027 🇦🇪

One of crypto’s biggest global events has been rescheduled.

• Originally planned for April 29–30, 2026, the event will now take place April 21–22, 2027
• Organizers cited regional uncertainty affecting safety, travel, and logistics
• All tickets remain valid, with an option to transfer them to TOKEN2049 Singapore (Oct 7–8, 2026)

📢 According to Glassnode, less than 50% of short-term holder supply is currently in profit, meaning most recent Bitcoin buyers are now sitting at a loss.

📢 According to Artemis, the supply of USDC has climbed to a new all-time high of $81.1B.

📢 On-chain metrics are signaling potential warning signs for Bitcoin, while social media mentions of “altcoin season” have dropped to multi-year lows, according to Cointelegraph Magazine.

📢 Musk Orders New Job Cuts at xAI

Reports say Elon Musk has directed another round of layoffs at xAI as the company tightens operations.

• Another wave of job cuts reportedly underway at xAI.
• The changes are said to be part of efforts to streamline the company’s operations.
• The firm remains focused on building advanced AI to compete in the fast-moving sector.

📢 Trading activity across the crypto market picked up sharply over the last 24 hours.

$BTC volume rose 40%, $ETH climbed 42%, $XRP gained 38%, and $SUI jumped 43%, while $HYPE moved the other way with trading volume down 28%.

📢 Etherscan has flagged a rise in automated address poisoning attacks on Ethereum, where scammers use similar-looking wallet addresses to deceive users into sending funds to the wrong destination.

📢 RWAs on BNB Chain reached a new all-time high this week.

📢 Polymarket’s U.S. platform has recorded about $750M in notional volume, with more than 5 million transactions completed.

📢 Coinbase Considering Deal to Back Bybit’s U.S. Expansion 🇺🇸

Reports say Coinbase is discussing a possible investment partnership with Bybit.

• The deal could help Bybit enter the compliant U.S. crypto market.
• Sources say Bybit may be valued around $25B, close to OKX.
• A partnership with Coinbase could reshape competition among global exchanges.

📢 Tether’s CEO said no single sender accounts for more than 5% of its volume, noting the stablecoin now serves over 550 million users across emerging markets as a digital dollar.

📢 Bitmine currently holds 4.47M $ETH valued at about $9B, which is $2.8B lower than its valuation when it held only half that amount of ETH.

📢 According to the Bitcoin Policy Institute, Congress has just five months remaining to approve the de minimis tax exemption for small Bitcoin transactions.

📢 One trader’s long bet on oil is now up more than $600,000, while another trader’s short position is sitting at a loss of over $700,000.

📢 Cardano Adds Spanish Language Support to Its Website 🇪🇸

Cardano has added Spanish support to its official website.

• cardano.org is now available in Spanish.
• Spanish joins Japanese, Vietnamese, and German as supported languages.
• The update comes as contributors continue translating the site.