EURJPY

Check, with the air of a man who has seen much and yet remains unmoved, noted that capitulation-style losses have spiked to levels last witnessed at the 2022 cycle lows. If Bitcoin is not destined for oblivion-a fate as dramatic as any in a Turgenev novel-the statistical setup appears increasingly asymmetric. Now, he says, is the time for market participants to pay attention, rather than lose themselves in the trivialities of everyday life.

Behold, Bitcoin has leapt from its February abyss, a 20% rebound that tantalizes yet teases. It lingers now in a broad support range, a no-man’s-land between $55,500 and $67,000. Yet, the sages of the charts declare this but a corrective interlude, a mere prelude to the drama yet to unfold. A full bullish breakout? Not yet, they murmur, for the momentum lacks the fervor of true conviction.

Meanwhile, in a twist that could only happen in the absurd universe of crypto, daily spot netflow flipped positive by $1.95 million. Thank you, CoinGlass analytics, for this delightful interruption of several months’ worth of predominantly negative flows. Truly, it’s like watching a soap opera where the characters keep forgetting their lines.

So, Binance has decided to play gatekeeper with your RLUSD. Deposits are open, which is great if you’re the type who enjoys giving things away. Withdrawals, on the other hand, are on Binance’s timeline, which is about as predictable as a cat’s mood swings. Apparently, they need to build up a little RLUSD pool before they let you splash around in it. Makes sense, right? You wouldn’t want to be the only one at the party with a drink.

World Liberty Financial has launched World Swap, a new platform for sending money internationally using digital payments. The company, which received backing from associates of the Trump family, announced its approach to foreign exchange. Leaders highlighted that the service will offer low costs and be easy to use for people sending money across borders.

At Consensus Hong Kong 2026, the crypto clowns-er, leaders-from Citrea, Rootstock Labs, and BlockSpaceForce argued that Bitcoin’s scaling layers are less about raw power and more about turning it into a financial wizard. Abracadabra, Bitcoin’s now programmable!

The Cliff Notes (Because Who Has Time for Nuance?)

Built around their dollar-pegged stablecoin, USD1, World Swap is the latest act in WLFI’s digital finance circus. Because nothing says “financial stability” like a cryptocurrency backed by the same folks who brought you “truth social.”

In a truly marvelous twist, China has decided to turn the page on real-world asset (RWA) tokenization, sending ripples of excitement through the investor pond! At the grand Consensus Hong Kong shindig, our dear Joseph Chee, the head honcho of Solana, chimed in with glee: “Just take those onshore assets, sprinkle a bit of token magic, and voilà! You’re off to do your RWA crypto business outside of China. Just remember to file your papers!”

As we check in on our favorite cryptocurrency, Bitcoin (BTC) is still trying to make a name for itself at about $67,000, but strong upside follow-through seems to be as elusive as a unicorn at a tax seminar.