From Japan's regulatory pivot to Texas buying Bitcoin, this week’s crypto headlines are not for the faint of heart. Let's unpack the latest market drama, bullish signals, and major political shakeups in the world of digital assets.

🇺🇸 First up, the Federal Housing Finance Agency (FHFA), under new director and longtime Bitcoiner Bill Pulte, announced it’s exploring whether crypto holdings can count toward mortgage qualifications. This move could legitimize Bitcoin and stablecoins as part of official financial disclosures—huge news for crypto-native Americans dreaming of home ownership.

🇯🇵 Over in Japan, the Financial Services Agency proposed to classify crypto under the Financial Instruments and Exchange Act. That might not sound exciting, but it paves the way for legal Bitcoin ETFs and a tax overhaul, replacing the current brutal 55% progressive rate with a flat 20%.

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📱 A red alert for mobile users: cybersecurity giant Kaspersky warned of a new malware called SparkKitty, which is actively stealing seed phrase screenshots from iPhones and Android devices through fake crypto-themed apps. If you're still saving your phrase in your gallery, it's time to rethink your entire security setup.

💸 Meanwhile, institutional money keeps flooding in. Fidelity added 1,005 BTC ($60.5M) to its treasury. BlackRock’s ETFs weren’t far behind, grabbing 2,160 BTC and 11,590 ETH in a single day. On the state level, Texas made history, allocating $10 million to purchase Bitcoin for its Strategic Bitcoin Reserve, making it the first U.S. state to hold BTC directly.

🏛️ U.S. politics is heating up around crypto too. California Senator Adam Schiff just introduced the COIN Act, a bill aimed at monitoring crypto holdings of public officials—yes, this is likely aimed at Trump’s rumored crypto portfolio. Meanwhile, the Senate’s Digital Assets Subcommittee will host a hearing this week, with Coinbase and Multicoin Capital set to testify in what could shape the U.S. crypto market structure for years to come.

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⚠️ Elsewhere in the markets, things got volatile. Over $403 million was liquidated from the crypto market in just 24 hours, with $215 million flushed in just four hours—mostly short positions. Interestingly, 66% of top traders on Hyperliquid are still short, showing high-risk sentiment despite Bitcoin pushing past $105,000.

📈 On-chain and equity action was just as intense. Circle’s stock surged nearly 600% since its IPO, leapfrogging even Coinbase in market cap. Meanwhile, Cathie Wood’s ARK Invest dumped $110M worth of Circle shares on June 23. BlackRock, on the flip side, sold 8,172 ETH worth over $18.4M—perhaps rebalancing after weeks of heavy accumulation.

🚗 Luxury carmaker ECD Automotive Design joined the corporate Bitcoin rush, allocating a whopping $500M for BTC purchases. In a similarly aggressive move, Metaplanet, Japan’s Bitcoin treasury giant, approved a $5B capital injection into its U.S. unit with a target of holding 210,000 BTC by 2027.

📊 Tron also hit a record milestone: total $USDT supply on Tron crossed $80 billion, showing strong demand for low-fee stablecoin transfers in Asia and Latin America.

⚠️ In security news, infamous crypto detective ZachXBT exposed a New York-based scammer who stole over $4 million from Coinbase users by impersonating support agents and harvesting seed phrases. Shockingly, he even flaunted his crimes online, including buying a Corvette with his Instagram handle on the license plate.

And just when you thought it was over… Michael Saylor dropped a new bullish bomb, predicting that Bitcoin will reach $21 million per coin in 21 years. Ambitious? Maybe. But when institutions like BlackRock, Fidelity, Texas, and Metaplanet are all betting big, it’s tough to ignore the signal through the noise.

Stay ahead. Stay stacking. Stay sovereign. 🧡

it’s always moon or rug.

Your moonORrug crew🚀

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