CoinMarketCap

🚀 CMC Market Pulse: Iran in Control BTC -2.55%, ETH -3.5%. $2.36T market cap as markets slide on geopolitical fears. Funding drops again as sentiment turns cautious. Let’s break down this week’s top crypto narratives 🧵 1/6

LATEST: 🇺🇸 California Governor Gavin Newsom has signed an executive order banning public officials from using inside info to make bets on prediction markets.

UPDATE: ⚡ The accounting firm that Tether has hired for its first full USDT reserves audit is KPMG, and it's also bringing on PwC to help it prepare, according to FT.

Want the full breakdown on the new federal bills, the trading boom, and the latest wave of institutional moves into prediction markets? Read the full story: coinmarketcap.com/academy/articl… 7/7

⚡ Big Money Kept Moving In Intercontinental Exchange invested another $600 million in Polymarket, bringing its total commitment close to $2 billion. ARK Invest also expanded its involvement in the sector. 6/7

RECAP: ⚡ Prediction markets drew a burst of attention from Washington this week as lawmakers unveiled several new bills aimed at the sector. Can the industry keep scaling as regulators close in? Read on for the full picture. 👇🧵 1/7

LATEST: ⚡ David Sacks has left his position as White House AI and crypto czar and will co-chair Donald Trump’s Council of Advisors on Science and Technology.

🧭 What To Watch Next This was a rotation week, not a conviction week. Alpha stayed active, but the strongest signals came from event-driven participation, not broad-based momentum. If BTC loses the $66K-$67K support zone, volatility could spread quickly across Alpha names. Stay informed, stay ahead: coinmarketcap.com/academy/articl… 7/7

⚡ One Token Dominated the Week’s Volume @UnitasLabs generated $1.96B in 24-hour volume, nearly half of Alpha’s total platform volume. That is the key data point of the week. At that scale, the question is not whether volume was high. It’s whether the flow reflected genuine demand or concentrated short-term positioning. 6/7

RECAP: 🧵 Binance Alpha stayed busy even as the market turned risk-off. Crypto sold off on macro pressure, fear deepened, and volume across the broader market stayed weak. But on Alpha, airdrops kept rolling, PerleLabs hit TGE, and Alpha Box made its first appearance. Here’s what defined the week. 👇 1/7

LATEST: 💰 Twenty One Capital is now the second-largest publicly traded Bitcoin treasury company with 43,514 BTC after MARA sold 15,133 BTC worth $1.1 billion.

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