Bitcoin Rally: BTC jumped back above $65K after softer U.S. PPI cooled Fed-hike expectations, while ETH reclaimed $1,900 as total crypto market value topped $2.3T. ETF Flows: Bitcoin and ether ETFs turned green with $239M in inflows, led by BlackRock’s iShares, as Japan moves toward crypto ETF expansion. Institutional Moves: BlackRock reportedly bought $138.9M in BTC during the rebound, and BitGo Prime added Virtu Financial to deepen institutional liquidity access. Security & Hacks: Ostium’s Arbitrum perpetuals suffered an ~$18M USDC exploit tied to manipulated price feeds/oracle signer issues. Regulation Watch: Japan classified crypto as financial products under FIEA amendments, while the UK pushed AI-and-crypto fraud training and whistleblower reward ideas; in the EU, AMLA warned MiCA migration could strain compliance. Market Plumbing: Aave V4 launched on Avalanche, and Glacis Labs raised $6.8M to scale ZeroDelta’s non-custodial stablecoin clearing. Crypto in the Real World: Revolut got in-principle UAE approval for regulated crypto services; Bybit launched in Indonesia; LCX acquired MasterDEX to expand its U.S. DeFi line. Big Risk Story: Pakistan’s crypto push faces a new shock as an influential cleric issued a fatwa calling crypto “haram,” prompting regulator requests for clarification. Scam Alerts: India’s Boston consulate warned of phone scams impersonating officials, and U.S. authorities flagged QR-code donation fraud tied to a missing-person case. Derivatives & Tokens: PUMP surged 12% despite a massive unlock, as most tokens stayed in recipient wallets; Ledger users gained self-custodial perps via PerpsKit/PerpsKit routing to Hyperliquid.