📉 Bitcoin dips below $66k, with market turbulence attributed to miner capitulation, crypto ETF outflows, and reduced stablecoin issuance. Despite this, 87% of Bitcoin's circulating supply remains profitable. MicroStrategy capitalizes on the downturn, buying 12k more BTC.

🚀 Altcoins Pendle and Toncoin defy the trend, with Pendle's market cap nearing $1 billion. Zksync's airdrop sees 41% of top recipients selling off their allocations.

📊 Spot Bitcoin ETFs record sustained outflows, with a cumulative negative netflow of over $544 million last week. However, Australia's VanEck gets approval to launch the country's first spot Bitcoin ETF.

🌐 In regulatory news, South Korea reviews over 600 asset listings, while the US SEC closes its probe on Ethereum. Binance faces regulatory hurdles in the US and India, with fines and license rescindment.

💰 Stablecoins take the spotlight, with Tether planning a gold-backed asset class and facing accusations of money laundering. What's your take on these developments? Let's discuss below! 👇