Crypto majors are very red as btc briefly fell below $90k; btc -4% at $91,300; eth -5% at $3,050, bnb -2% at $915, sol -3% at $137. Icp (+9%), aster (+7%) and hype (+5%) led top movers. Crypto fear & greed remained in extreme fear at 11, now in that range for 6 straight days. Bitcoin wiped out its 2025 gains after falling below $92k (briefly sub-$90k), now down 2% on the ytd. The cboe unveiled “continuous” bitcoin and ethereum futures with 10-year terms as a perps-like alternative. The white house is considering to allow the irs to track and tax crypto holdings on foreign exchanges. Vitalik buterin and the ethereum foundation launched kohaku as a new initiative to bake privacy and security into ethereum wallets instead of treating them as add-ons. Trump international maldives announced tokenized real-estate stakes, letting investors buy blockchain-based shares in its 80-villa luxury resort. Hive stock jumped after posting record q2 revenue and landing new ai-infra deals, as investors rotated into miners despite broader crypto weakness. Japan is changing its crypto tax rules, dropping cap gains from 55% to 20%. Coinbase ventures announced an investment in usd ai. 🔗 Source 💡 DMK Insight Bitcoin’s dip below $90k is a wake-up call for traders: here’s why. The recent drop of BTC to around $91,300, down 4%, signals a critical moment for crypto traders. With the fear and greed index at an extreme fear level of 11, market sentiment is shaky. This could lead to increased volatility as traders react to potential support levels. Watch for BTC to hold above $90k; a sustained breach could trigger further selling pressure. Ethereum’s decline to $3,050, down 5%, suggests that altcoins are also feeling the heat, which could lead to a broader market correction. On the flip side, some lesser-known coins like ICP and Aster are showing resilience, gaining 9% and 7% respectively. This divergence might indicate that while the majors are struggling, there are pockets of strength worth exploring. Traders should keep an eye on these altcoins for potential breakout opportunities, especially if BTC stabilizes. Monitor the $90k support level closely; if it breaks, it could lead to a cascade effect across the market, impacting not just BTC but also ETH and BNB, which are already under pressure. 📮 Takeaway Watch BTC’s $90k support closely; a break could lead to further declines across major cryptos, while altcoins like ICP may offer trading opportunities.

National banks can now officially hold crypto to pay for network gas fees and engage in other crypto-related experiments, the OCC said Tuesday. 🔗 Source 💡 DMK Insight National banks entering the crypto space is a game-changer for institutional adoption. This move by the OCC signals a shift in regulatory attitudes, potentially paving the way for more banks to engage with cryptocurrencies. Traders should keep an eye on how this affects liquidity and volatility in the crypto markets. Increased institutional participation could lead to higher price stability and more robust trading volumes, especially for major assets like Bitcoin and Ethereum. However, it’s worth noting that this could also attract regulatory scrutiny, which might create short-term volatility. Watch for any announcements from major banks regarding their crypto strategies, as these could serve as catalysts for market movements. The next few weeks will be crucial as we see how these banks implement their new capabilities and what impact that has on the broader market dynamics. 📮 Takeaway Monitor major banks’ announcements on crypto strategies; they could significantly influence market volatility and liquidity in the coming weeks.

Federal prosecutors in Chicago said the operator of a Bitcoin ATM network took in illicit funds and moved them through digital wallets. 🔗 Source 💡 DMK Insight The news about a Bitcoin ATM operator facing federal scrutiny is a red flag for the crypto market. This situation could shake investor confidence, especially among those trading in Bitcoin and related assets. If regulators ramp up enforcement, it might lead to increased volatility in the crypto space, impacting not just Bitcoin but altcoins as well. Traders should keep an eye on Bitcoin’s support levels, as a breach below key thresholds could trigger panic selling. Additionally, this could affect the broader sentiment towards crypto regulations, potentially leading to a sell-off in the sector. Look for how Bitcoin reacts around its recent support levels; if it breaks below them, it could signal a deeper correction. On the flip side, this might create buying opportunities for those looking to accumulate at lower prices, especially if the market overreacts. Keep an eye on institutional responses, as they often dictate market direction in times of uncertainty. The next few days will be crucial for gauging market sentiment and potential price movements. 📮 Takeaway Watch Bitcoin’s support levels closely; a break could lead to increased volatility and potential buying opportunities.

Authorities say stolen money was spent on luxury goods and exotic cars. 🔗 Source 💡 DMK Insight So, stolen funds being funneled into luxury goods and exotic cars is a red flag for traders. This kind of behavior often indicates a lack of confidence in traditional financial systems, pushing illicit actors towards high-value assets. For traders, this could signal a potential uptick in demand for luxury assets, which might ripple through markets like luxury goods stocks or even high-end real estate. If these trends continue, we could see increased volatility in related markets as authorities crack down, leading to potential sell-offs or price corrections in those sectors. Keep an eye on how this affects consumer sentiment and spending, as it could influence broader market trends. Here’s the thing: while mainstream coverage might focus on the sensational aspects, the underlying economic implications could be more significant. Watch for shifts in luxury asset prices and any regulatory responses that could impact market dynamics. The next few weeks could be crucial for identifying trends in asset flows and market reactions. 📮 Takeaway Monitor luxury asset prices and regulatory developments closely; shifts could signal broader market trends in the coming weeks.

After initially being left out, Haliey “Hawk Tuah” Welch has been named in a class action suit against the creators of the meme coin she promoted. 🔗 Source 💡 DMK Insight Haliey Welch’s inclusion in the class action suit against meme coin creators is a game changer for crypto promoters. This situation highlights the increasing scrutiny on influencers in the crypto space, especially as regulators ramp up enforcement actions. Traders should be aware that the legal ramifications could lead to heightened volatility in meme coins, particularly those heavily promoted by influencers. If Welch’s case gains traction, it could set a precedent that affects how promotional activities are conducted in the future. Keep an eye on the sentiment around meme coins, as negative news could trigger sell-offs. On the flip side, this could also create buying opportunities for savvy traders who can identify oversold conditions. Watch for key support levels in popular meme coins; if they hold, it might indicate that the market is pricing in the worst-case scenario. The next few weeks will be crucial as more details emerge, so stay alert for updates and potential market reactions. 📮 Takeaway Monitor meme coin support levels closely; Welch’s legal issues could trigger volatility, creating both risks and buying opportunities in the coming weeks.

Former BitMEX CEO Arthur Hayes thinks that Bitcoin could plummet to the low $80,000s before rising as high as $250,000 by year’s end. 🔗 Source 💡 DMK Insight Arthur Hayes’ prediction of Bitcoin dropping to the low $80,000s before a potential surge to $250,000 is a bold call that traders need to dissect. If Bitcoin does dip to those levels, it could trigger significant buying interest, especially from institutional players looking to accumulate ahead of a bullish run. This scenario aligns with historical patterns where sharp corrections often precede major rallies. Traders should keep an eye on key support levels around $80,000; a bounce from there could set the stage for a strong upward momentum. However, if the price fails to hold, it could indicate broader market weakness, impacting altcoins and related assets like Ethereum. The volatility in the crypto space is palpable, and with the year-end approaching, traders should be prepared for rapid shifts. Monitoring the daily RSI and MACD indicators will be crucial to gauge momentum shifts as we approach these critical price levels. 📮 Takeaway Watch for Bitcoin’s price action around $80,000; a bounce could signal a strong rally towards $250,000 by year-end.

Kraken just raised $800 million, including $200 million from Ken Griffin’s Citadel Securities, ahead of a potential IPO. 🔗 Source 💡 DMK Insight Kraken’s $800 million raise signals strong institutional interest, and here’s why that matters: The influx of capital, particularly from Citadel Securities, indicates a vote of confidence in Kraken’s future, especially as it gears up for a potential IPO. This could set a precedent for other crypto exchanges looking to go public, potentially igniting a wave of similar funding rounds. For traders, this is a crucial moment to watch how Kraken’s valuation evolves and whether it influences other crypto assets. If Kraken’s IPO goes well, it might boost sentiment across the crypto market, particularly for altcoins that have been lagging behind Bitcoin and Ethereum. Look for key price levels in Bitcoin and Ethereum as they could react positively to this news, especially if they break through recent resistance levels. However, there’s a flip side: if Kraken’s IPO faces regulatory hurdles or market skepticism, it could dampen enthusiasm across the sector. Traders should keep an eye on the broader regulatory landscape and any potential backlash that could arise from this high-profile investment. Watch for Kraken’s valuation metrics and any updates on the IPO timeline, as these will be critical indicators of market sentiment moving forward. 📮 Takeaway Monitor Kraken’s IPO developments closely; a successful launch could boost crypto sentiment, especially for altcoins, while regulatory issues might trigger sell-offs.

Brandon Gill has purchased up to $2.6 million in Bitcoin this year, according to House transaction reports. 🔗 Source

The G-Knot relies on finger vein-scanning technology. Its creators say it’s safer, and easier to use, than established hardware wallets. 🔗 Source 💡 DMK Insight The introduction of the G-Knot, leveraging finger vein-scanning technology, could shake up the hardware wallet market. For traders, this matters because security is paramount in crypto, and any innovation that enhances safety can influence market sentiment and adoption rates. If the G-Knot proves to be more secure and user-friendly than traditional wallets, we might see a shift in how traders store their assets, potentially leading to increased trading volumes as more users feel confident in their security. Keep an eye on how this technology is received in the community and whether it attracts institutional interest. However, there’s a flip side: established players might respond with their innovations or price cuts, which could create volatility in the hardware wallet sector. Watch for any announcements from competitors and monitor user reviews and adoption rates over the next few months to gauge the G-Knot’s impact on the market. 📮 Takeaway Monitor the G-Knot’s adoption and user feedback closely; its success could influence hardware wallet trends and overall market security perceptions.

Taxes are going to be more of a headache for those using offshore exchanges if this proposal passes. But does the move make sense? 🔗 Source 💡 DMK Insight With ADA currently at $0.46, the looming tax proposal for offshore exchanges could shake up trading strategies. If this legislation passes, traders might face increased compliance costs and operational headaches, which could deter some from using these platforms. This could lead to a liquidity crunch in the short term, especially for altcoins like ADA, as traders reassess their strategies and possibly shift to more regulated exchanges. Keep an eye on how this impacts trading volumes and price volatility in the coming weeks. On the flip side, if traders anticipate a crackdown, we might see a rush to liquidate positions before the proposal takes effect, potentially driving prices lower. Watch for ADA to maintain support around $0.45; a breach below could signal further downside risk. Conversely, if the market reacts positively to the news, resistance at $0.50 will be a key level to monitor. 📮 Takeaway Watch ADA closely; if it breaks below $0.45, it could signal further downside, while resistance at $0.50 is critical for recovery.