Total cryptocurrency market capitalization decreased by 3.8%, to $2.42 trillion. Bitcoin (BTC) fell 4.6% in 24 hours, to $67,900; Ethereum (ETH) declined 4.3%. Although most sectors dropped between 1% and 6%, the Real World Assets (RWA) and DeFi sectors showed resilience, rising 5% and 4% respectively.
European Central Bank report reveals major trend of shifting global reserve assets from U.S. Treasuries to gold
A new report from the European Central Bank (ECB) confirms a significant shift in global reserve asset strategies—central banks are increasingly favoring gold and reducing holdings of U.S. government bonds. The report shows gold now accounts for 27% of global central bank reserves, up sharply from 20% a year earlier; U.S. Treasuries' share has decreased from 25% to 22%. This trend is driven by geopolitical tensions and reflects broader efforts by countries to reduce dependence on the dollar. For the digital asset market, this macro trend further validates Bitcoin’s core investment thesis as “digital gold.” Although central banks have yet to include Bitcoin in their reserve assets, their ongoing diversification away from the dollar reinforces the long-term narrative of Bitcoin as a scarce, non-sovereign store of value unaffected by any single country's policies.
U.S. Bitcoin spot ETF experiences record single-day net outflows
The U.S. Bitcoin spot ETF recorded the largest single-day net outflow to date, totaling $483.8 million. This outflow was mainly led by BlackRock’s IBIT fund, with a single-day net outflow of $440.3 million, accounting for over 90% of the total outflow that day. From an investment perspective, this signals a markedly bearish short-term market sentiment, indicating that a large amount of institutional funds have exited the market. The outflows are highly concentrated in the industry’s largest ETF, suggesting that a major holder or investor group has liquidated their position, which could increase price volatility and add downward pressure due to new supply entering the market.
U.S. Treasury sanctions multiple major Iranian cryptocurrency exchanges
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Iran’s largest cryptocurrency exchange Nobitex and several other platforms. This action targets these exchanges for allegedly assisting Iran in evading international sanctions and funding illegal activities. The incident highlights significant regulatory and geopolitical risks facing the crypto industry. For investors, this serves as a key warning: using non-compliant offshore exchanges poses serious security risks, and assets could be frozen at any time. On a broader macro level, the successful tracking and sanctioning of these entities demonstrate the ongoing enhancement of blockchain monitoring capabilities, which may help curb illegal uses and strengthen the industry’s long-term legitimacy.
Coinbase invests in stablecoin reserve management ETF
Coinbase has invested in the ProShares IQMM Money Market ETF. This fund is specifically designed to meet the compliance reserve asset needs for stablecoins under the proposed U.S. regulatory framework. This move indicates that mainstream industry players are actively building the infrastructure needed for the future regulated stablecoin market.
Vitalik Buterin proposes new design for synthetic assets
Ethereum co-founder Vitalik Buterin has proposed a new framework for synthetic assets and stablecoins, aiming to replace the settlement mechanism with an options-based mechanism to reduce reliance on vulnerable real-time price oracles. This theoretical advancement aims to enhance the security and stability of complex DeFi products.
Mt. Gox-related wallets transfer over $730 million in Bitcoin
The wallets associated with the now-defunct Mt. Gox exchange transferred approximately $730 million worth of Bitcoin, sparking market concerns over potential large-scale sell-offs. Such distributions to creditors could exert significant selling pressure on Bitcoin’s market.
CME records $50 million in trading volume during first weekend of 24/7 crypto derivatives trading
CME Group’s new 24/7 crypto derivatives trading service achieved a nominal trading volume of $50 million during its first weekend. This progress reflects the maturing of institutional-grade crypto infrastructure to match the perpetual nature of this asset class.
U.S. senators oppose including cryptocurrencies in 401(k) retirement plans
Senators Bernie Sanders and Elizabeth Warren urged the U.S. Department of Labor to reject a proposed rule that would allow assets like Bitcoin and other alternative investments into 401(k) retirement plans. Their opposition is based on concerns over the high volatility and risks associated with cryptocurrencies, which could jeopardize the savings of retirement investors. This also highlights key regulatory resistance faced by mainstream adoption.

BTC-1.99%

ETH-4.43%

SOL-4.2%

RWA-2.73%

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