At the opening of the US stock market, the Nasdaq fell more than 122 points

The Trump administration is reviewing a proposal that would allow the Internal Revenue Service (IRS) to access and tax overseas cryptocurrency account data of US citizens. （Watcher.Guru）

On chain data shows that 3 hours ago, Forward Industries deposited 1.4435 million SOLs worth approximately $201 million into Coinbase Prime. The flow of funds shows that these SOLs have been transferred to the trading platform. There is currently no further action taken. （Onchain Lens）

[White House Reviews Policy Allowing IRS to Access Offshore Crypto Assets] The White House is reviewing a policy that would allow the IRS to access citizens' offshore cryptocurrency assets and join an international crypto data-sharing alliance.

Marieke Flament, co-author of Euro Stable Watch, stated at the Midnight Network Summit in 2025 that the dominance of stablecoins denominated in US dollars will continue and warned that European efforts to "stop things" are ineffective because "stablecoins are unstoppable". （CoinDesk）

A high-stakes crypto trader was wiped out on HyperLiquid before immediately piling back into massive leveraged shorts on GMX — echoing past blow-ups from reckless market punters.