JAPAN PETROCHEMICAL INDUSTRY ASSOCIATION: RUSHING TO PROCURE NAPHTHA EVEN AT HIGH PRICES AND DOING UTMOST TO ENSURE SUPPLY IS NOT SEVERED

THERE IS FULL COORDINATION BETWEEN ISRAEL AND WASHINGTON, BUT THE CHANCE OF AN AGREEMENT WITH IRAN IS VERY LOW; THERE HAVE BEEN NO DIRECT TALKS BETWEEN THE SIDES. - ISRAEL TODAY CITING SOURCES

Regulation & Policy • U.S. senators introduce bipartisan bill to ban sports betting on prediction markets; Kalshi and Polymarket tighten anti-abuse measures. • Sen. Elizabeth Warren raises concerns over Beast Industries’ financial services expansion targeting younger users. Market Structure & Institutional Adoption • Hostplus considers adding crypto exposure via self-directed option, pending regulatory approval. • BlackRock CEO highlights tokenization potential to streamline investing and transactions. • Circle pushes for flexible stablecoin rules, emphasizing interoperability and non-euro adoption in the EU. Corporate & Investment • ParaFi raises $125M venture fund; $325M raised for strategies in 2025. • Gemini revenue mix shifts toward services; price target cut on weaker trading outlook. • ChangeNOW launches Fast-Track Program to address early-stage wallet monetization. Institutional & Treasury Moves • Strategy buys 1,031 BTC for $77M; total holdings reach 762,099 BTC; relied on equity issue for funding. • Bitmine Immersion holds 4.66M ETH (~3.86% supply), total assets ~$11B. • Core Scientific secures additional $500M credit line from JPMorgan, total facility $1B. Blockchain & DeFi • Aave V4 to introduce Hub-and-Spoke model to improve liquidity and market structure. • IDEX to power Katana Perps platform backed by major market makers. Prediction Markets & Funding • Kalshi and Polymarket CEOs back $35M venture fund 5c(c) Capital for prediction market startups. • 5c(c) Capital also backed by Marc Andreessen, Micky Malka, and Kyle Samani. Market Activities & Flows • Ethereum OG sells $31M ETH after decade-long hold. • Circle and Coinbase seen as key beneficiaries of stablecoin growth and agentic payments (Bernstein). Strategy & Infrastructure • NovaBay focuses on staking-based tied returns to governance participation; backed by Framework Ventures and Tether Investments.