After the 1011 flash crash, insider experts opened short positions and held multiple positions for 8 days, paying over $1 million in funding fees

The UK Treasury plans to bring cryptocurrency companies under the comprehensive regulatory scope of FCA. （Decrypt）

The American Bitcoin supported by the Trump family purchased 261 BTC for $23.5 million and currently holds over 5000 BTC. （The Bitcoin Historian）

[Visa Launches Stablecoin Advisory Services, Offering Strategy and Implementation Plans] Visa has announced the launch of 'Stablecoin Advisory Services,' aimed at providing stablecoin strategies and implementation plans for fintech companies, banks, and other enterprises. Carl Rutstein, Global Head of Visa Consulting and Analytics, revealed that the service already has dozens of clients, including Navy Federal Credit Union, VyStar Credit Union, and Pathward. Visa expects the client base to expand to hundreds. Currently, Visa's annual stablecoin settlement volume has reached approximately $3.5 billion.

[US SEC Revokes or Freezes 14 Cryptocurrency Cases After Trump's Return to the White House] The US SEC relaxed cryptocurrency enforcement after Trump's return to the White House, revoking 7 cases and freezing or proposing favorable settlement terms for another 7. The lawsuit against Binance was dropped, the federal lawsuit against Gemini was frozen, and in the dispute with Ripple Labs, the SEC sought to reduce penalties. Data shows that during the Biden administration, the SEC filed 105 cryptocurrency cases, compared to 50 during Trump's first term and zero so far in his second term. Among the revoked or frozen cases, 8 companies are known to have connections with Trump or Trump family businesses.

Oil wealth is shifting towards BTC, and Gulf sovereign funds, family offices, and private banks are increasing their holdings of BTC through spot ETFs. （Cointelegraph）