Bitcoin has demonstrated resilience with a notable rebound as markets anticipate the upcoming Non-Farm Payrolls (NFP) report, a key economic indicator. In regulatory developments, the U.S. Securities and Exchange Commission (SEC) is preparing to overhaul its cryptocurrency policies, signaling potential shifts in compliance frameworks for digital assets. In a significant enforcement action, WLFI has blacklisted an address associated with Justin Sun, resulting in frozen tokens. Sun has publicly contested the move, labeling the token freezes as unreasonable. Meanwhile, Nasdaq is intensifying scrutiny on Digital Asset Trusts (DATs), contributing to a decline in MSTR’s performance. On the investment front, Sora Ventures has announced plans to acquire $1 billion in Bitcoin, underscoring institutional confidence. Hong Kong’s Yungfeng Financial has purchased $44 million in Ethereum, while DFDV acquired $40 million in Solana. An early Ethereum ICO participant has moved $646 million in ETH to stake, reflecting long-term bullish sentiment. Tether is evaluating investments in gold mining operations, potentially diversifying its reserves. Fireblocks has launched a new stablecoin payments network aimed at enhancing enterprise transactions. Etherscan has expanded its services to the SEI network with the introduction of Seiscan. Stripe and Paradigm have jointly unveiled Tempo, an innovative blockchain solution. Regulatory pressures continue globally: the UK is imposing stricter anti-money laundering (AML) rules on crypto firms, South Korea has capped crypto lending rates at 20% and banned leveraged loans, and EU lawmakers remain skeptical about the digital euro, citing concerns over adoption and security.
