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JPYC Inc., issuer of the Japanese yen stablecoin JPYC, completed a $11.9 million Series B funding round led by Asteria. The company intends to use the capital to broaden its financial and Web3 ecosystem presence and promote stablecoin adoption. JPYC currently operates on major blockchain networks such as Avalanche, Ethereum, and Polygon.

A cryptocurrency whale sold 23,500 ETH valued at $47.6 million at a loss, according to EmberCN. The investor still retains 150,000 ETH and 4,000 cbBTC, whose holdings are currently showing a combined unrealized loss of $126 million. The average ETH purchase price was $2,667, while cbBTC was bought at $73,837 on average.

Onchain Lens data reveals a transfer of 5 million TRUMP tokens, valued at approximately $17.3 million, to Binance within the last 9 hours. The tokens moved from a team-related address through a BitGo wallet to the exchange, possibly indicating an impending sell-off. No official comment has been made regarding this significant token movement.

XRP spot ETFs in the U.S. experienced a total net inflow of $1.2163 million in a single day, led by the Canary XRP ETF and Bitwise XRP ETF. The Canary XRP ETF recorded a $745,700 inflow, bringing its total historical net inflows to $414 million, while Bitwise saw $470,600 inflow, totaling $370 million historically. Overall, XRP spot ETFs hold over $1 billion in assets, with cumulative net inflows reaching $1.238 billion.

Allegations of insider trading involving Axiom personnel have surfaced, prompting company action and legal threats. Major institutional and market updates include Ethereum Foundation's new roadmap, Circle's bullish stock performance, and strategic investments by Solana-related companies. Additionally, regulatory changes in the UK and significant security incidents highlight ongoing risks and evolving dynamics in the crypto space.

Polymarket data shows a 60% probability that Based's fully diluted valuation (FDV) will exceed $100 million within a day of listing. This optimism follows Based’s recent completion of an $11.5 million Series A funding round led by Pantera Capital. Investor interest appears strong as market sentiment shifts positively on Based’s prospects.

Morgan Stanley’s Head of Digital Asset Strategy, Amy Oldenburg, revealed at the Bitcoin for Corporations conference in Las Vegas that the firm intends to develop proprietary Bitcoin custody and trading services. The bank is also set to explore Bitcoin yield and lending products as part of its digital asset expansion. This move signals a notable push by a major institutional player deeper into Bitcoin-related financial services.

The count of wallets holding 100 or more BTC has climbed to nearly 20,000, signaling potential bullish momentum. On-chain analysis suggests that rising whale numbers often occur during market downturns as part of accumulation phases. However, the total supply held by these whales has not significantly increased yet, which partly explains ongoing price pressures.

The team behind the Trump memecoin (TRUMP) recently moved 5 million tokens, valued at $17.3 million, to the Binance exchange within a nine-hour window. These transfers originated from a BitGo wallet, suggesting the team may be preparing to sell the tokens. Market watchers are concerned about a potential sell-off impacting TRUMP's price.

Morgan Stanley prevede di offrire servizi di custodia e trading di Bitcoin come parte della sua crescente strategia sugli asset digitali. L'azienda sta anche esplorando servizi di rendimento e prestito di Bitcoin, sebbene queste iniziative siano ancora in fase di sviluppo iniziale. Con quasi 9 trilioni di dollari in asset sotto gestione, Morgan Stanley punta ad integrare i servizi Bitcoin per i propri clienti.

Gold prices declined slightly to $5,175.42 per ounce, while silver prices rose by 1.61%. Bitcoin volatility index (BVIX) decreased by 2.51%, whereas Ethereum volatility index (EVIX) increased by 1.69%. Gate platform integrates traditional financial products and crypto assets, enabling diversified trading opportunities within a single platform.

The U.S. stock market closed mixed with slight gains in the Dow Jones but declines in the S&P 500 and Nasdaq. Within the crypto sector, tokens like DFDV, UPXI, and BTCS experienced significant losses, with DFDV dropping over 12.11%. Msx.com, a decentralized platform for trading real-world asset tokens including U.S. stocks and ETFs, reported these movements amid overall mixed performance.

The Infini Corporate Card has been officially launched, supporting subscriptions to popular AI and SaaS services like ChatGPT and Claude. It offers KYB and KYC verification options to accommodate compliant regions and independent developers or small businesses. Features include customizable role management, spending analysis, and upcoming expense and subscription management tools.

Anthropic's CEO Dario Amodei announced the company will not remove safeguards from its Claude AI model despite the U.S. Pentagon's demands for unrestricted military use. The dispute risks the cancellation of Anthropic's $200 million Defense Department contract and possible invocation of the Defense Production Act. The clash highlights broader tensions around ethical AI use, military requirements, and national security concerns.

Anthropic's CEO publicly refused the Pentagon's demand for unrestricted military use of its AI technology, risking contract termination and supply chain risk designation. The dispute centers on Anthropic's safeguards prohibiting autonomous weapons targeting and mass surveillance. This conflict sets a precedent that could influence government demands on crypto firms to weaken privacy and security features.

A wallet believed to belong to Patricio Worthalter, founder of POAP, has transferred 2,000 ETH worth $4.11 million to the Binance exchange. Such large deposits to exchanges are commonly seen as signals of potential sell-offs. The transfer spurred speculation among investors about possible upcoming market activity.

South Korea and Thailand have agreed to enhance their tax cooperation by sharing virtual asset transaction data starting in 2028. This expansion builds upon existing efforts to track hidden overseas accounts. Additionally, the two countries plan to create a joint framework to collect taxes from delinquent taxpayers with undisclosed offshore assets.

CoinMarketCap's Altcoin Season Index is stable at 34, unchanged from the previous day. The index measures how top 100 cryptocurrencies perform relative to Bitcoin over a 90-day period, excluding stablecoins and wrapped coins. An altcoin season is recognized when the index crosses 75, indicating most altcoins are outperforming Bitcoin.