THE FUTURE OF BITCOIN, TODAY

Kalshi Odds Show 69% Chance Bitcoin Hits $50,000 Before $100,000

TL;DR

• Kalshi Crypto says its market shows a 69% chance Bitcoin hits $50,000 before $100,000.
• Prediction-market odds reflect active positioning, but they can change quickly.
• The market signal is bearish

Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders

TL;DR

• Kraken says it plans to launch CFTC-regulated perpetual futures for eligible US traders within 30 days.
• Contracts will be listed on Bitnomial, a CFTC-regulated Designated Contract Market owned by Kraken pa

LG Electronics Tests Onchain Advertising Network On Arbitrum

TL;DR

• LG Electronics is piloting an onchain advertising network on Arbitrum.
• The project is designed to make ad performance more verifiable while addressing fraud and privacy concerns.
• The Japan pilot w

Deribit Analysts Say Wall Street Has Reshaped Bitcoin Volatility And Liquidity

TL;DR

• Deribit Insights says Wall Street participation has changed Bitcoin’s market structure.
• The episode points to lower volatility, compressed basis trades and stronger institutional market-making.
• Op

Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends

TL;DR

• Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom.
• The note cites SpaceX IPO-related capital rotation and easing oil-price pressure as key catalysts.

Kraken Enables USDCx Deposits And Withdrawals On Canton Network

TL;DR

• Kraken has enabled deposits and withdrawals of USDCx on Canton Network.
• USDCx is backed 1:1 by USDC held in Circle’s xReserve, according to Kraken.
• Canton is built for regulated financial institut

Fireblocks Says Institutional ETH Staking Is Moving Toward Standardized Rails

TL;DR

• says it has launched ETH Staking Link, a standardized interface for institutional Ethereum staking integrations.
• The company says more than 36 million ETH, roughly 30% of circulating supp

Aave Proposal Moves To Add Circle Wrapped Bitcoin As Collateral

TL;DR

• Labs has proposed onboarding Circle Wrapped Bitcoin, or cirBTC, to Aave V3 Core and Aave V4 Core on Ethereum.
• The proposal says cirBTC is an ERC-20 token backed 1:1 by Bitcoin custodied a

Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low

Standard Chartered’s head of digital asset research, Geoff Kendrick, declared Friday that the crypto market has seen its cycle low, with Bitcoin’s recent dip to approximately $59,000 marking the bottom of the latest downturn — a 53% drawdown from

Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million

TL;DR

• BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the stablecoin system from 400 million to 800 million.
• The proposal says USDC reserves stand at 4.13 billion, up 108% since

Blockworks Acquires Messari in Deal Highlighting Crypto’s Data Consolidation Race

Blockworks, the New York-based crypto data and investor relations platform, has rival Messari in a deal that underscores the growing consolidation pressure reshaping the digital asset industry — and the steep valuation resets facing once high-fly

Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand

TL;DR

• says it now supports USDCx deposits and withdrawals on the Canton Network.
• USDCx is described as a Canton-native stablecoin backed 1:1 by USDC locked in Circle’s xReserve on Ethereum.

SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC

Elon Musk’s SpaceX launched trading on the Nasdaq today under the ticker SPCX — and it didn’t arrive empty-handed. 

The company officially the public Bitcoin treasury leaderboard as the 8th largest holder

Sam Bankman-Fried Loses Appeal to Overturn FTX Fraud Conviction

One of Sam Bankman-Fried’s last credible paths to freedom closed Friday as a federal appeals court upheld his fraud conviction and 25-year prison sentence, ruling that the case against him was, in the court’s own words, “conservatively stated, rob

Coinbase Council Warns 7 Million Bitcoin May Face Future Quantum Risk

TL;DR

• Quantum Advisory Council says post-quantum migration planning should begin before quantum attacks become practical.
• The report estimates about 7 million BTC are quantum-vulnerable because

Strategy Stock MSTR Offers Bitcoin Exposure At 18% Discount

I’ve been vocal about accumulating Bitcoin aggressively at current levels. Now I’m starting to look seriously at Strategy too. The same kind of confluence that flagged Bitcoin as a sizeable accumulation opportunity is appearing on MSTR, and in som

Metaplanet Acquires Siiibo Securities in Push to Build Bitcoin Financial Ecosystem

Metaplanet Inc., Japan’s largest corporate Bitcoin holder, has entered into an agreement to acquire 100% of Siiibo Securities Co., Ltd. in a deal valued at approximately 2.1 billion yen, or roughly $13.1 million, the Tokyo-listed company on Frida

Kraken Becomes Official Crypto Exchange Supporter Of FIFA World Cup 2026

TL;DR

• says it has become the Official Crypto Exchange Supporter of the FIFA World Cup 2026.
• The tournament expands to 48 teams and 104 matches across 16 host cities in Canada, Mexico, and the U

Crypto Laundering Network Linked To Ransomware Gangs Dismantled By Law Enforcement

TL;DR

• Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activity.
• The firm says the network processed about 10,333 BTC since 2021, historically valued at roughly $389 million.

Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?

On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have turned their attention away from the market.

Crypto Trading Volume Has Seen A Notable Decline

In a new on X, on-chain analytics firm Santim