📢 Coinbase Expands Derivatives Offerings

Big move in crypto trading

• Copper and Platinum futures now live on $COIN Derivatives
• Opens new avenues for commodity exposure via crypto platform
• Supports diversified trading strategies for users and institutions

📢 Satoshi Nakamoto is still the biggest Bitcoin holder, with Coinbase next, followed by BlackRock’s IBIT ETF.

📢 If Bitcoin climbs to around $92K, more than $3B in short positions would be liquidated.

📢 Ripple has teamed up with Jeel, a company backed by Riyad Bank, to expand blockchain use cases in line with Saudi Arabia’s Vision 2030 goals.

📢 VanEck Launches $AVAX ETF on NASDAQ

VanEck has officially launched its Avalanche ETF $VAVX, and it’s now trading on NASDAQ.

• $VAVX gives traditional investors exposure to $AVAX
• Another major step for Avalanche in mainstream finance
• Could boost visibility and long-term interest in the ecosystem

📢 Stablecoin market cap is declining, which CryptoQuant analysts see as a bearish sign. It suggests some investors are pulling capital out of crypto during the correction, while funds rotate into assets like precious metals that are seeing renewed strength.

📢 HIP-3 open interest has climbed to a record $790M, rising from $260M just a month ago, fueled by a sharp increase in commodities trading activity.

📢 Coinbase Sets Up Quantum Risk Advisory Board

Coinbase has set up an independent advisory board to look into future quantum computing risks to crypto security.

• Experts to assess how quantum tech could impact crypto safety
• Focus on long-term protection, not just today’s threats
• Shows $COIN is thinking ahead on infrastructure and trust

📢 Stablecoin market cap has fallen by $2.24B over the past 10 days, as funds rotate out of crypto and into gold and silver, according to Santiment.

📢 Ethereum transaction fees have fallen to their lowest level since May 2017, according to @glassnode.

📢 Bitwise Rolls Out Non-Custodial Vaults

Bitwise has launched new vault strategies on Morpho, aiming to offer yields through overcollateralized lending.

• Targeting 6% APY for users
• Uses overcollateralized lending pools to manage risk
• Fully non-custodial, so users keep control of their funds

📢 Polymarket Scores Big with MLS⚽

Polymarket is now the exclusive prediction market partner of Major League Soccer.

• Fans can predict match outcomes and league events
• Exclusive partnership strengthens Polymarket’s sports presence
• Opens new ways for crypto engagement in soccer

📢 According to River, 60% of the top 25 banks in the US are developing Bitcoin-related products.

📢 China is close to overtaking the U.S. as the largest Bitcoin holder, even while its nationwide crypto ban remains in place.

📢 A large $HYPE holder has exited the trade. LookOnChain reports that the whale unstaked and sold the entire position today, securing about $4.92M in realized gains after previously holding more than $15M in unrealized profit at the peak.

📢 About $1.4B in stablecoins moved into Ethereum, while $624M flowed into BNB Chain over the past 24 hours.

📢 Ethereum holds the largest staking market cap, while Solana leads on one-year staking yields at 6.1%.

📢 Tether Launches USA₮ for the U.S. Market🇺🇸

Tether has rolled out USA₮, a dollar-backed stablecoin designed specifically for the U.S. market.

• USA₮ is fully USD-backed and U.S. regulated
• Built to meet American compliance standards
• Signals Tether’s push deeper into the U.S. market

📢 Ethereum leads the tokenization space, accounting for 61.2% of all tokenized assets and settling nearly $200B in value.

📢 The U.S. dollar has fallen to its lowest level in four years.