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

Bitcoin's price has dropped below the estimated average production cost by approximately 20%, causing financial strain in the mining sector. Miners are selling off holdings to cover costs, with many operating at a loss due to current prices.

Stifel analysts predict a potential bitcoin crash to $38,000 based on historical market bottoms and a changing relationship with the US dollar. They draw parallels to "The Curious Case of Benjamin Button" to explain Bitcoin's current state.

Bhutan transferred Bitcoin holdings to institutional market makers amid extended crypto market losses, aligning with treasury operations. Transactions included $14.09 million and $8.31 million worth of BTC sent to QCP Capital.

Representative Ro Khanna (D-CA-17) has formally launched an investigation into a $500M investment in World Liberty Financial by an Abu Dhabi royal. Over a dozen Democrats have criticized the deal, prompting a call for a U.S. attorney to further investigate.

Bitcoin experienced a significant drop below $72,000, leading to concerns among investors due to liquidation activity in derivatives markets. The sell-off is attributed to various factors, including macroeconomic events and doubts about Bitcoin's inflation-hedge narrative.

In a series of emails, Jeffrey Epstein advised an individual to "grow up" and discussed relationships with Brock Pierce, including a declined marriage proposal. The Justice Department's release of documents revealed Epstein's involvement in crypto investments and his close ties with Pierce.

CME Group is actively considering launching its own coin and transitioning all crypto products to 24/7 trading, aiming to create efficiencies for clients without introducing additional risk. The company's tokenized cash initiative with Google is set to roll out later this year.

Sky Mavis announced an airdrop of 100,000 bonded AXS (bAXS) tokens to wallets that have staked at least 10 AXS. The new token, bAXS, will encourage in-game use and be distributed to players of the upcoming land-based game, Terrariums.

Luke Dashjr, a Bitcoin developer, has urged Blockstream CEO Adam Back to resign after Epstein's connections to the crypto industry were revealed. Dashjr accused Back of breaking promises and misleading developers. The controversy has reignited tensions between the two figures.

U.S. Treasury Secretary Scott Bessent engaged in a complex discussion on Capitol Hill regarding Bitcoin's potential role in a financial crisis. When asked about the Treasury Department's authority to bail out Bitcoin, Bessent sought clarification. He also addressed inquiries about U.S. banks buying Bitcoin and the use of taxpayer dollars to invest in crypto assets.