EURJPY

Key Takeaways:

The price has stabilized, staying above the $1.38 support level and trading around $1.40. This isn’t necessarily a sign of a big price increase, but rather a temporary balance between buyers and sellers.

From my analysis, Grayscale is switching custody providers from Coinbase to Anchorage Digital. This decision appears to be driven by concerns around competition, avoiding over-reliance on a single provider, and navigating the evolving regulatory landscape.

Tim Cook will become executive chairman, continuing to guide the company’s overall strategy, but Ternus will now be responsible for daily operations.

regulatory clarity for institutional US capital and a macro backdrop that frees risk assets from oppression. That harmonious convergence points to a range of $1.60 to $1.80. If either driver falters, the reasonable next steps hover around $1.20 to $1.25 as the test of support that follows every ambitious dream.

The new financing could push total capital raised to around $1 billion if other strategic investors decide to RSVP, which, given the current mood, seems likely as long as there are croissants involved.

Key Revelations:

U.Today reports that Strategy recently bought $2.54 billion worth of Bitcoin, specifically 34,164 BTC. This brings their total Bitcoin holdings up to 815,061 BTC, making it the third-largest Bitcoin purchase ever recorded.

According to data from DefiLlama, Ethereum—the leading blockchain in decentralized finance, controlling 53.91% of total value locked (TVL)—has seen a 17.91% decrease in locked value over the last month. Currently, Ethereum holds $46.17 billion, a drop from more than $56 billion before the recent series of hacks.

Brent crude oil prices are currently reflecting a very pessimistic outlook. Concerns include the potential for a major shipping lane to be closed for almost 50 days, a ceasefire agreement ending on Wednesday, uncertainty about talks with Iran, and Iran’s promise of retaliation after the US seized one of its ships. With West Texas Intermediate (WTI) crude at $88.54 a barrel, the global energy market appears to be factoring in a significant supply disruption of 10 to 11 million barrels per day.