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Over $1.2 billion left US Bitcoin ETFs this week as Bitcoin tumbled below $104K, but on-chain data shows long-term holders are staying firm.
Quick Take OpenSea CEO Devin Finzer announced that the platform’s native SEA token is set to launch in the first quarter of 2026. 50% of the supply will be allocated to OG users and participants in OpenSea’s rewards program, and 50% of platform revenue will go to token buybacks “at launch.” The NFT trading hub has recently reinvented itself as a multi-chain crypto trading aggregator, with plans to support perpetual futures trading and launch a mobile app.
Japan’s three largest banks are exploring a shared stablecoin pegged to the Yen. MFUG, Sumitomo Mitsui, and Mizuho plan to enter the stablecoins market amid regulatory clarity. Details on the Yen-pegged stablecoin have not been officially released but it is expected to be interoperable.
UK authorities are making an effort to claw back gains from crypto investors by requesting that they file their taxes.
