IRGC: 'THE SEVENTH DAY MEMORIAL OF MARTYR BRIGADIER GENERAL DR. ALI MOHAMMAD NAYINI, THE SPOKESPERSON OF THE MARTYR REVOLUTIONARY GUARDS CORPS, WILL BE HELD ALONG WITH THE REMEMBRANCE OF HIS MARTYRED BROTHER, BASIJI MARTYR HAMIDREZA NAYINI'

TRUMP REFERS TO LAWSUIT OVER FED BUILDING RENOVATION COSTS

Market & Flows • Bitcoin consolidation signals potential bottom as selling pressure wanes (K33). • Bhutan transfers another 519.7 BTC (~$37M); selling activity increases. • Dormant 500 BTC linked to Irish drug dealer reactivates, likely moved by police. • South Korea records $60B crypto outflows in H2 2025. Regulation & Policy • U.S. indicts two Chinese firms and six nationals over fentanyl-linked crypto money laundering. • Coinbase opposes Clarity Act draft over restrictions on stablecoin yield. • U.S. House holds tokenization hearing; lawmakers say tokenization is inevitable. • U.K. proposal would force political parties to unwind crypto donations. • Australia central bank says stablecoins and deposit tokens can coexist. Stablecoins & Payments • Circle begins restoring frozen USDC wallets; more expected. • Mastercard seen benefiting from stablecoins in cross-border payments (Mizuho). • Bitget Wallet launches stablecoin payments infra with Ripple, Mastercard, Tether. • Payy raises $6M seed for privacy-focused stablecoin payments. Institutional & Investment • Morgan Stanley spot BTC ETF listing on NYSE seen as imminent. • Bitwise sees Circle valuation reaching $75B by 2030. • Startale raises $63M Series A backed by SBI and Sony. • Cipher Digital secures AI lease and plans $200M credit facility. Corporate & Industry • Visa becomes Canton Super Validator, expanding blockchain role. • Coinbase pushes trading data onchain via Chainlink DataLink. • Kraken launches crypto structured options via STS Digital. • Bitcoin Depot reshuffles leadership, expects 30% revenue drop in 2026. DeFi & Infrastructure • Aave V4 targets idle liquidity with reinvestment module to boost yields. • Tokenized funds to trade 24/7 and integrate with DeFi via Ondo liquidity. • Ripple joins Singapore central bank project for RLUSD trade settlement. Corporate Strategy & Assets • Bitmine launches MAVAN ETH staking platform, plans to shift ETH strategy. • Bernstein: Circle selloff overdone; Clarity Act impacts distributors, not issuers. Exchange & Market Integrity • Binance tightens scrutiny on market makers and early-stage trading behavior.