🏦🙋‍♂ Morgan Stanley expands access to crypto funds

⛏️ #BTC CQ: A more indicative metric for miners condition, the Miner Financial Health Index, takes into account miner profitability (hashprice), block profit, fee share, and overall cash flow.

Today the index = 59% this is a healthy, neutral-to-bullish miner economy without signs of selling pressure and without euphoria.
Acceleration above 80% will signal a distribution phase and increased selling.

📊 #HYPE Hyperliquid leads all networks over the past 30 days with $288 billion in volume

🎢 Glassnode: #BTC Futures Open Interest remains elevated as both longs and shorts are being whipsawed by sharp price swings. The market is undergoing a leverage reset, with volatility flushing out excess positioning on both sides.

🏦👀 A group of international banks such as Santander, BoA, Barclay's, Citi and Goldman Sachs are planning to jointly issue their own stablecoin - RTRS

🆕👀 #YB Binance adds YB futures.

🇳🇴👀 #POLY #UMA Unusual bets on Polymarket prompted Norwegian officials to investigate leaks

📊👀 #XRP Glassnode: Analyzing the behavior of XRP investors who accumulated below ~$1, we see significant profit-taking as price surged above $2 (>100% gains). Two major realization waves—Dec 2024 and July 2025—have so far exhausted much of the market’s bullish momentum.

🇪🇺🥳 #BTC #ETF European Sovereign Wealth Fund added access to Bitwise BTC ETF

🇺🇸👀 #ETH Texas Senator: If Ethereum maintains its market capitalization for 24 months, I think it would be wise to add Ethereum to the cryptocurrency reserve.

🇺🇸🍿 #BNB Trump considering pardoning CZ - FOX

💸🤯 Over $3 billion liquidated from the crypto market in the past 60 minutes.

🫣 In the last hour alone, $7.55 billion were liquidated

🚨 #BTC CQ: Classic Arbitrage Opportunity

> Buy 1 BTC on Binance
> Send it to Coinbase
> Sell 1 BTC on Coinbase for $900 more
> Repeat

Profit = $900 − network fees − 2× trading fees

Simple. Effective. Free alpha.

📊👀 #BTC CQ: Prices on other exchanges dipped more than on Coinbase. The price on HTX fell below $102k at the lows. The Coinbase premium continues to be quite high.

📉 +$400B wiped from total crypto market cap in the past 6 hours

😨📉 Meanwhile, many stablecoins briefly lost their peg to the dollar. #USDE from Ethena at one point dropped by 30%, while #USD1 from WLFI maintained its peg.

🤯 #ATOM flash dumped to $0.001 on Binance during crash

🎢🧨 #BTC CQ: Trump was the catalyst, but leverage is the real fragility underneath it all.

Altcoin OI: -28.58B (-41%)
Bitcoin OI: -10.69B (-24%)

This is a Covid-19 style wipeout.

📊👀 #BTC Liquidation Heatmap (3 month)

A large liquidity cluster is forming around $110K, suggesting this could be the next key magnet for price action.