AGP Executive Report
Last update: 10 hours agoMarket Rebound: Bitcoin climbed back above $82,000 as oil prices eased and risk appetite improved, but weak ETF demand and last week’s sell-off leave the recovery uncertain. Wall Street on Ethereum: JPMorgan launched its dollar deposit token on Ethereum, extending its institutional payments push onto a public blockchain. Security Risks: Qubic paused its network after a hack drained about $1.4 million from more than 1,400 wallets; most stolen tokens remain frozen. Separately, investigators warn that hackers are moving stolen funds into Zcash’s shielded pools, as developers weigh an upgrade that could lock away 22,309 ZEC. Policy Watch: The CFTC proposed a federal oversight framework for U.S. crypto exchanges, while South Korea is considering delaying its crypto tax as exchanges and investors press for a pause. Bitcoin Supply: Wallets linked to miner MARA sent 1,000 BTC to exchanges, renewing sale concerns as mining costs rise and Bitcoin remains volatile.
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