BTC @ $86K! Monad presale Oversubscribed! Coinbase acquires Vector Dot Fun

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Polymarket can now operate in US! Texas buys $5M BTC! MON up another 24%!

Crypto majors were slightly red, with BTC down 1% at $86,600 and ETH down 1% at $2,910, while BNB gained 1% to $856 and SOL held steady at $136. Among top movers, MON (+24%), SPX (+13%), and IP (+7%) led the market. In policy and institutional developments, Texas launched its Bitcoin reserve with a $5 million purchase of BlackRock’s IBIT ETF, marking the first deployment of its approved $10 million BTC budget. U.S. Bank completed a test of issuing a proprietary stablecoin on the Stellar network, and MoonPay secured a New York trust charter, joining firms like Coinbase and Ripple to expand institutional custody and service capabilities. Polymarket received CFTC approval to reenter the U.S., enabling it to onboard domestic users, brokers, and intermediaries, while Kalshi was blocked in Nevada from offering sports and election markets after a judge reversed an earlier ruling. Klarna introduced its own stablecoin, KlarnaUSD, on Tempo. Meanwhile, the Department of Homeland Security has reportedly been investigating Bitmain as a national security risk, examining whether the company can remotely access its equipment.

Is the Bull Market over? The AI Manhattan Project! Monad Launch Reaction!

Crypto majors rallied alongside a broad market surge, with BTC up 2% to $87,400, ETH up 4% to $2,920, BNB up 1% to $850, and SOL up 5% to $136, while KAS (+22%), ENA (+13%), and SUI (+11%) led the day’s top movers. The NASDAQ jumped 2.7% as stocks such as GOOG (+6%) and TSLA (+7%) posted strong gains. In policy and industry developments, the White House launched the “Genesis Mission,” described as a Manhattan Project–style initiative for AI, and Binance along with CZ faced new accusations of enabling crypto transactions for Hamas. Kraken hinted at a debit card debut expected today, and Tether purchased another 1 million Rumble shares, pushing the YouTube rival’s stock sharply higher. Meanwhile, the European Central Bank reiterated its warnings that the rapid growth of stablecoins could introduce stability risks to the wider financial system.

Crypto is GREEN! MON launches at $3.9Billion FDV!

Crypto majors rallied alongside a broad market surge, with BTC up 2% to $87,400, ETH up 4% to $2,920, BNB up 1% to $850, and SOL up 5% to $136, while KAS (+22%), ENA (+13%), and SUI (+11%) led the day’s top movers. The NASDAQ jumped 2.7% as stocks such as GOOG (+6%) and TSLA (+7%) posted strong gains. In policy and industry developments, the White House launched the “Genesis Mission,” described as a Manhattan Project–style initiative for AI, and Binance along with CZ faced new accusations of enabling crypto transactions for Hamas. Kraken hinted at a debit card debut expected today, and Tether purchased another 1 million Rumble shares, pushing the YouTube rival’s stock sharply higher. Meanwhile, the European Central Bank reiterated its warnings that the rapid growth of stablecoins could introduce stability risks to the wider financial system.

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