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OVERVIEW

Monday Dumps, Tuesday Slumps, Wednesday Thumps, Thursday Jumps

Before we dive in, here’s today’s crypto market heatmap:

And here’s a look at crypto’s total and altcoin market cap YTD:

*If you’re a business and want to access this data via our API, email us.

New In Three Sentences
Crypto News 📰

🇩🇰 Lol, Denmark

Denmark wants to tax unrealized crypto gains to the tune of 42% starting in 2026. Treasury Secretary Rasmus Stoklund said, ”In recent years there have been examples of Danes investing in crypto assets being heavily taxed. That is why I am pleased that the Tax Law Council has today submitted some elaborate and up-to-date recommendations.” In English, that translates to: “In recent years, we’ve heard Danes have been too heavily taxed; I am pleased to announce we’re going to tax you even more.” The Danish Skatteministeriet.

🚀 Kraken’s Blockchain Launch—Taking a Page from Coinbase

Kraken’s taking a page from Coinbase’s playbook and launching a blockchain using Base’s tech, because why reinvent the wheel? Expect cheaper, faster transactions, and maybe some shiny new tools to play with. Kraken’s X.

🔗 Cardano’s $1.3 Trillion Move

Cardano’s linking up with BitcoinOS to grab $1.3 trillion in Bitcoin liquidity through a zero-knowledge, trustless bridge. That’s a big deal for Cardano DeFi, as it opens up a decentralized path to access BTC without middlemen. Cointelegraph.

🦣 Celestia's Mammoth Mini

Celestia boasted about their Mammoth Mini testnet hitting 27 MB/s throughput, a giant leap toward 1 GB blocks. They throw around terms like Vacuum! and FBSS—hope you're keeping up. Let's see if these numbers hold up outside the lab. Celestia blog.

🏆 Flow Dominates ETHGlobal—Who Saw That Coming?

This one caught me off guard: Flow emerged as the top L1 network at ETHGlobal San Francisco, with a surprising number of builders choosing it. PumpRoyale even took home the top prize—impressive for a network some overlook. Maybe Flow deserves more attention after all. Flow blog.

💰 Midas Drops mBTC

Midas just dropped mBTC, a new wrapped Bitcoin product that lets you earn 4% in Bitcoin-denominated assets, not in Monopoly money. It’s all built on Ethereum, with support for the usual suspects like wBTC and cbBTC. Oh, and U.S. residents, don’t get too excited—it’s not for us. Nothing fun in crypto ever is. The Block.

📉 CryptoQuant CEO Says Bitcoin Will Be Your Pocket Change by 2030

Ki Young Ju says Bitcoin could be your everyday currency by 2030, like a digital dollar bill—except way cooler. Institutional adoption, mining shifts, and the next halving might make Bitcoin more practical for daily spending. Let’s see if the dream of Satoshi finally matches up with reality. CoinPedia.

⚙️ Polkadot's Agile Coretime

Polkadot rolls out Agile Coretime, ditching their old auction model for dynamic blockspace allocation. They boast about unmatched flexibility and scalability—as if that wasn't the promise before. Agile Coretime is live now, so let's see if this actually makes a difference or just another buzzword-filled upgrade. Polkadot blog.

⚖️ Nishad Singh’s Redemption

Former FTX exec Nishad Singh might just dodge a lengthy sentence thanks to his “exemplary cooperation,” proving even in crypto, snitching pays. His help shed light on Sam Bankman-Fried’s questionable accounting and campaign finance shenanigans. Singh’s legal team is pulling the “he wasn’t as bad as the others” card, hoping for a slap on the wrist. CryptoNews.

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