Coinbase opens subscriptions for Oura IPO, allowing users to secure allocations in advance at the offering price.

According to BIT (bit.com) market data, US-listed stocks tied to Greenland surged sharply in early US trading: Greenland Energy jumped 152%, Greenland Mines rose more than 177%, and Critical Metals Corp. gained over 43%. The rally came shortly after the US-Denmark security agreement, which aims to expand military presence in the Arctic territory and prevent US adversaries from establishing bases there.

Jiang Zhuoer, founder of BTC.TOP Mining Pool, wrote that when Bitcoin climbed to $84,000 at 5 PM today, technical patterns indicated it was unlikely to mark the cycle’s peak, with the price later touching a high of nearly $86,000. Currently, there is a notable order book gap in the $85,000–$88,000 range, while the $82,000–$85,000 zone also lacks sufficient orders, making trading risky for both long and short positions at present. In the current "bulldozer-style" rally, attempting to catch the top is not recommended unless the price consolidates at a high level for a period before a sudden sharp 1-minute surge, as the success rate is relatively low. Instead of chasing the absolute peak to sell, traders should forgo some profits appropriately and wait for a price pullback before executing a right-side trade.

A source familiar with the matter disclosed that long before OpenAI’s technology sparked a series of cybersecurity incidents and industry insiders issued stern warnings, the company had been negotiating a legally binding agreement with Anthropic to conduct mutual stress tests on their AI models. It remains unclear whether they have finalized the deal. This mutual testing concept mirrors an idea SpaceX CEO Elon Musk raised at last week’s All-In Summit, where Musk proposed that competing AI labs should test each other’s models for security vulnerabilities via peer review prior to commercializing and launching their models. (The Information)

Multicoin Capital co-founder Kyle Samani said that driven by factors like stronger usability and functionality, more crypto companies will build on Solana rather than Ethereum in the future. Solana’s market capitalization will overtake Ethereum’s “in this market cycle,” he noted, adding that Ethereum’s advantage as the default smart contract network for crypto firms may gradually weaken. Samani claimed that “hardly anyone actually uses Ethereum these days,” and its leading position remains mainly due to stablecoins, as well as stablecoins borrowed using ETH as collateral. Samani expressed a pessimistic view on Ethereum’s value capture ability. He stated: “This is an asset worth $300 billion to $400 billion, but its value capture ability is questionable, or may not exist at all, and it has no growth whatsoever.” Samani further said he doesn’t understand why investors are willing to hold ETH at its current valuation, noting there are many “more reasonably priced” investment opportunities in the market. He believes more crypto companies will shift to Solana, calling it “the most feature-complete network” that can help enterprises looking to integrate their operations reduce operational complexity. Although SOL’s current market cap is less than one-fifth of Ethereum’s, its weekly and monthly network fees have both exceeded Ethereum’s.

Crypto whale with the social media handle "先定 10 个大目标" posted on social media that "Bitcoin broke through $85,000 today. I've long maintained that Strategy's continuous buying is a key signal." Today's reports note that Strategy announced it added 950 BTC to its holdings last week, bringing its total BTC position to 846,000 coins.

According to Binance's live trading data, the whale codenamed "First Set 10 Big Goals" is currently going long on BTC with 4x leverage, holding an unrealized profit of $12.17 million. Earlier reports noted that the same whale stated today it will hold this trend position until Bitcoin reaches $120,000.