21Shares Launches TCAN ETF on Nasdaq, Providing Exposure to Canton Coin

Bitcoin, Ethereum, and Coinbase showed signs of recovery after recent market fluctuations. Strategy's BTC treasury faces losses, while BitMine's ETH treasury is staked for rewards. Analysts have lowered price forecasts for Strategy, but maintain buy ratings for potential upside.

Bitcoin's price has dropped by 19% in a week to $60,000, with futures open interest decreasing from $61 billion to $49 billion. The selloff is attributed to deleveraging rather than a single event, affecting various aspects like AI, quantum computing, and governance concerns.

Bithumb mistakenly credited users with billions of dollars' worth of Bitcoin this week, causing a flash crash in the token's value on the exchange. The accidental transfers were part of a giveaway, with a small number of users selling off the funds before the error was fixed.

According to a Bitwise executive, combining gold and Bitcoin in a portfolio is effective. Gold acts as a cushion during market falls, while BTC offers higher potential during rebounds. The analogy of Bitcoin as "digital gold" has been challenged recently due to diverging paths.

A joint notice from China's central bank and nine regulators bans unapproved yuan-linked stablecoin issuance and deems most real-world asset tokenization illegal. The move aims to prevent financial risks and maintain national security by prohibiting virtual currency-related activities.

Ark Invest, led by Cathie Wood, sold over $19 million in Coinbase shares after buying more, as Bitcoin's price dropped. Despite the sale, they added shares of Bullish and Solmate, while expressing concerns about AI and favoring precious metals over crypto.

Citigroup analysts have revised Coinbase's price target to $400 due to lower trading volumes and regulatory uncertainty. Despite the adjustment, the firm maintains a buy/high risk rating, anticipating Coinbase to benefit from future crypto reforms.

Trump (TRUMP) and World Liberty Financial (WLFI) have experienced significant losses, with TRUMP dropping 14.6% and WLFI falling 10.8% in the past 24 hours. These declines are part of a broader market trend, with total crypto capitalization decreasing by 2.8%.

Gloria Zhao, a prominent Bitcoin Core maintainer, has resigned amid an ongoing debate over OP_RETURN. Her departure has sparked mixed reactions within the Bitcoin community, with some attributing it to alleged harassment.

Polymarket's parent company, Blockratize Inc., has filed trademark applications for "POLY" and "$POLY" with the U.S. Patent and Trademark Office, outlining plans for a native token. The applications detail services related to cryptocurrency, financial trading platforms, and blockchain-based payment systems, marking a significant step towards launching the anticipated token.