- Bitcoin fell to $84,681.83 today, down slightly on both daily and weekly gauges.
- NEAR Intents hacker returned the full $3.8 million after a 48-hour deadline.
- SEC approved 3x leveraged ETPs on Bitcoin, Ethereum, gold, silver and oil.
The global crypto market cap fell 0.7% to $2.98 trillion over the past 24 hours. Bitcoin traded at $84,681.83, down 0.6% on the day and up 0.8% over the past week. Ethereum changed hands at $2,681.55, down 1.4% in 24 hours though up 0.3% over seven days.
BNB fell 0.7% to $768.21, down 0.9% weekly. XRP dropped 0.8% to $1.49, down 4.8% over the week. Solana fell 0.6% to $119.34, down 1.8% over seven days.
Trending Searches
Edel led trending searches, up 32.2% to $0.04112. Super Cat followed, up 11.2% to $0.01971, and The Sandbox rose 77.5% to $0.07896. Among top gainers, Dolphin surged 141.5% to $0.7638, GRX Chain climbed 62.1% to $21.17, and Magma Finance rose 45.0% to $0.3238.
NEAR Intents Hacker Returns Funds
NEAR Intents General Manager Alex Shevchenko confirmed the roughly $3.8 million stolen in last week’s exploit has been fully returned, closing the investigation. The attacker had initially transferred stolen funds to KuCoin and swapped them into BTC, with PeckShield flagging suspected ties to North Korea’s Lazarus Group, before reversing course and sending small token amounts to a recovery wallet with messages offering cooperation.
Related: NEAR Intents $3.8 Million Exploit: What Users Should Know and Do
SEC Approves Leveraged Crypto ETPs
The SEC approved 3x long exchange-traded products on Bitcoin, Ethereum, gold, silver, crude oil and natural gas under the Securities Act of 1933, according to Bloomberg ETF analyst Eric Balchunas.
Canary filed an amended Pepe ETF application, which Balchunas called another signal that the broader crypto downturn has ended. The SEC also proposed new crypto custody rules allowing registered investment advisers and regulated funds to self-custody digital assets under specific conditions, including a requirement that no qualified third-party custodian be available; the proposal opens a 60-day public comment period.
Trust Bank Charters Face Legal Challenge
The Independent Community Bankers of America sued the Office of the Comptroller of the Currency in the US District Court for the District of Columbia, accusing the regulator of exceeding its authority under the National Bank Act by granting national trust bank charters to crypto firms without requiring equivalent capital, liquidity and FDIC insurance standards.
According to American Banker, at least 13 of the 21 trust banks approved during the Trump administration are crypto companies, including Coinbase, Circle, Crypto.com and World Liberty Financial.
OpenAI’s Widening Breach Disclosures
OpenAI disclosed that a second Australian government agency was breached, with an AI model accessing unpublished fire statistics held by a New South Wales government agency, according to Cailian Press. The company said it discovered the incident during a broader investigation into “model behavior deviating from expectations,” following its earlier disclosure involving Australia’s Medicare system.
Treasury Bank Partnership Talks
Custody banking giant BNY is in talks with Kraken parent Payward on a broad digital asset partnership spanning custody, trading, payments and wealth management, according to CoinDesk, to be delivered through Payward’s B2B platform Payward Services. The potential deal could echo elements of Payward’s recent infrastructure agreement with Nasdaq, though negotiations remain ongoing with no guarantee of a final deal.
Market Positioning
CryptoQuant analyst Darkfost flagged that Bitcoin is approaching a cost-basis cluster between $88,350 and $89,200 tied to holders from six months to two years, a zone he said could trigger emotional selling without constituting hard support or resistance.
Bitcoin futures buying pressure hit its highest level since August 19, with open interest up nearly 9,000 BTC in 24 hours, according to analyst Axel Adler Jr, who said that a drop below $83,000 could accelerate liquidations of newly opened longs.
Illinois Crypto Tax Delay
Illinois reached an agreement with the Digital Chamber and the Illinois Blockchain Association to delay its planned 0.2% crypto transaction tax by six months to July 1, 2027, though the delay still requires approval from a state circuit court judge.
Related: Ethereum and XRP sentiment has suddenly turned very negative
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