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1. CFTC Staff No-Action Letter Opens Path For True Digital Commodity Perpetuals

   CFTC staff issued no-action guidance related to digital commodity perpetual futures.

2. GameStop SEC Filing Highlights Coinbase Custody Liquidation Risk For Bitcoin Holdings

   GameStop’s Form 10-Q includes digital asset custody risk disclosures.

3. Coinbase Quantum Report Warns Millions Of Bitcoin Could Face Future Security Risks

   Coinbase’s Quantum Advisory Council published a report on post-quantum migration and abandoned coins.

4. Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide

   SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.”

5. VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out

   VanEck is using BNB Chain’s active users, stablecoin volume and annual revenue as the central pitch for its spot BNB ETF.

6. Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution

   A Bitcoin mining-cost chart is circulating on X, but the claimed $47,000 floor depends on a simplified view of miner economics.

7. Bitcoin Trader Says Retail Will Return After A Sudden 20% BTC Candle

   A Bitcoin trader says institutional accumulation may be happening quietly, with retail likely to return only after a sharp BTC move.

8. Kalshi Odds Show 69% Chance Bitcoin Hits $50,000 Before $100,000

   Kalshi’s Bitcoin prediction market is leaning toward BTC hitting $50,000 before $100,000, though odds can change quickly.

9. Kraken Prepares CFTC-Regulated Perpetual Futures Launch For US Traders

   Kraken is preparing a regulated US perpetual futures launch through Bitnomial, potentially bringing one of crypto’s largest derivatives products onshore.

10. LG Electronics Tests Onchain Advertising Network On Arbitrum

    LG Electronics’ Blockchain Research Lab is testing an Arbitrum-based advertising network in a live enterprise pilot in Japan.