U.S. spot Bitcoin ETFs recorded approximately $75.5 million in net inflows last week, while spot Ethereum ETFs attracted about $105.5 million in net inflows.
Bitcoin traded near $64,000 as oil prices rose on renewed U.S.-Iran tensions and the selloff in AI-related stocks continued to pressure broader risk appetite.
U.S. regulators missed the GENIUS Act’s one-year deadline for final stablecoin rules, issuing proposed rules instead and leaving issuers with a tighter implementation window before the law takes effect.
South Korea is preparing a second phase of its CBDC pilot for September, adding regional banks, new payment features and tests for government subsidy payments using tokenized bank deposits.
Michael Saylor opposed Bitcoin’s BIP-110 proposal, arguing that restricting non-financial data on Bitcoin could undermine network neutrality and set a precedent for censorship.
Allbridge paused its cross-chain bridge after a $1.65 million flash-loan exploit, with onchain analysts reporting that stolen funds were bridged from Solana to Ethereum.
Bitcoin is trading around $64,249, while Ethereum is trading around $1,863.
The Fear and Greed Index stands at 29, indicating fear in market sentiment.
