Strategy CEO Phong Le stated in a post that Bitcoin has shown resilience in the face of Strategy's sell-off, security threats, blocked Senate legislation, and soft forks.
Coinbase CEO Brian Armstrong stated on the X platform that the progress made by cryptocurrencies in expanding global access to financial services is underestimated. Stablecoins bring the US dollar onto the blockchain, allowing global users to hold low inflation currencies and transfer them at extremely low costs 24/7; DeFi enables more people to access credit services; Tokenized stocks provide approximately 4 billion people without securities brokerage accounts with exposure to the US stock market; Bitcoin provides a wealth storage method that is not easily devalued due to inflation.
According to Xinhua News Agency citing Iran's Maher News Agency, the National Security and Foreign Policy Committee of the Iranian Parliament has approved the outline of a strategic action plan to ensure the security and development of the Strait of Hormuz.
US Senator Alssobrooks is pushing for legislation on the Bitcoin and Crypto Clarity Act and has committed to continuing to fight for it to become law. Alssobrooks stated that they have been working across party lines for over a year to protect consumers and have included ethical provisions in the bill, with the goal of passing it. （The Bitcoin Historian）
Revenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half the platform's volume to outside builders.
