The US Commodity Futures Trading Commission updates rules for Bitcoin and cryptocurrency companies

Michael Terpin stated in an interview that the supply shock of Bitcoin may drive the Bitcoin super cycle and cause the Bitcoin price to reach $1 million.

According to Chainalysis data, cross-border stablecoin fund flows increased by 77.5% year-on-year. Although 4708 new inter country transfer paths were identified, these paths only carried $2.64 billion, accounting for a relatively small proportion of the total statistical amount of $220.3 billion. The cross-border flow of stablecoins is dominated by a few major channels.

USDT0 increases the liquidity between Ethereum and Tron, raising the single transfer limit to $20 million.

[Bitcoin Price Breaks Above 200-Day SMA, Faces Selling Pressure at Previous Highs] BTC price has risen above the 200-day SMA, breaking out of a multi-quarter consolidation pattern. On-chain analysts point out that this bullish technical signal faces selling pressure at previous highs, and if trading volume fails to expand effectively, the sustainability of the trend is in question. Institutions indicate that short-term tug-of-war between bulls and bears is intensifying, and investors should be cautious of the risk of a pullback from high levels. (Source: CoinDesk)

The Federal Reserve has proposed a rulebook under the GENIUS Act for stablecoin issuers, incorporating cryptocurrencies into US banking policies. （The Bitcoin Historian）