A chain that humbles hype and rewards patience—block by block, truth settles on-chain.

Prices (USD, inline):
BTC $113,927.00 🟢↑ | ETH $4,354.46 🟢↑ | SOL $224.32 🟢↑ | BNB $893.56 🟢↑ | XRP $2.98 🔴↓ | ADA $0.8850🟢↑ | AVAX $29.30 🟢↑ | DOGE $0.2450 🔴↓ | DOT $4.20 🟢↑

Quick Index ⚡️

🐶 Spot DOGE ETF slated to debut Thursday; traders rotate into memecoins.
🏦 OCC chief: “Debanking is real” and stablecoin rules are coming.
🇮🇳 India swerves a full crypto law over systemic-risk fears.
📈 Gemini lifts IPO price range to $24–$26 ahead of Friday listing.
🟠 Japan’s Metaplanet lines up ~$1.4B share sale to buy more BTC.
🧰 Ethereum sees rare correlated slashing; Polygon PoS hit by finality lag; SwissBorg exploit tops $41.5M.

Markets

Bitcoin nudged above $113K after softer U.S. wholesale inflation (PPI), with traders eyeing CPI next and positioning around a possible volatility break. CoinDesk flags an “inverse head-and-shoulders” trigger near $113.6K that, if sustained, often precedes trend follow-through; meanwhile, rotation into SOL and DOGE outperformed majors. For context, CoinDesk’s live board also shows broad green across high-beta alts.

Memecoins may get a new tailwind as the first U.S. Dogecoin ETF (DOJE) is set to go live Thursday under the ’40 Act, according to CoinDesk coverage citing Bloomberg ETF analyst Eric Balchunas. While several spot ’33 Act DOGE filings remain pending, a listed product—of any structure—can sharpen flows and broaden access, especially for advisors who avoid direct crypto custody. Near term, that tends to amplify volatility around the launch window.

Japan’s Metaplanet—framed by traders as a BTC proxy—said it expects to raise roughly ¥204.1B (~$1.4B) in an international share sale, with shares whipsawing before closing up ~16% as pricing details emerged. The proceeds are earmarked to expand its bitcoin treasury, reinforcing the “corporates-as-BTC-ETFs” theme that’s shaped 2025 risk appetite.

Regulation

“Debanking is real,” U.S. Comptroller of the Currency Jonathan Gould told a Washington audience, adding his office is working to halt the practice and finalize stablecoin guardrails. The signal: banks’ crypto activities are “legally permissible” when done within policy, potentially easing access to fiat rails for exchanges, miners and fintechs.

On Capitol Hill, senators behind the bipartisan market-structure bill said they remain hopeful for passage by year-end. If the Senate’s push holds, clarity on token classifications, exchange registration and market plumbing could unlock sidelined institutional demand.

Abroad, India is resisting a comprehensive crypto statute for now, per a government memo reviewed by Reuters, arguing regulation could legitimize and embed systemic risks. Authorities flagged widespread stablecoin use as a potential threat to the country’s UPI payments dominance—keeping crypto at arm’s length while retaining strict tax oversight. (Reuters)

Adoption

Kraken expanded its tokenized-equities platform (xStocks) to the EU, letting eligible clients trade on-chain versions of U.S. stocks/ETFs—issued with partner Backed—on Solana. That’s another nudge toward RWA rails becoming consumer-visible, and it positions SOL squarely at the center of regulated tokenization experiments.

Ripple extended its digital-asset custody tie-up with BBVA in Spain (under MiCA), and XRP briefly pushed back above $3 on growing institutional volumes. The bank-grade compliance angle matters: it’s a live test of how EU rules can translate into retail-facing crypto services from mainstream banks.

Tech & Innovation

Ethereum saw a rare correlated slashing—39 validators tied to DVT tooling were penalized—stemming from operator-side issues rather than a protocol fault, according to CoinDesk and Beaconcha.in data cited therein. Financial impact per validator was modest, but the episode is a clean reminder: key management and redundancy practices matter as much as protocol design.

Polygon’s PoS chain experienced a 10–15 minute finality delay due to node issues (Bor/Erigon), with a patch rolling out as block production continued. Such hiccups can ripple into DeFi and CEX integrations; teams reported resyncs while monitoring for knock-on effects to settlement assurances. (According to CoinDesk)

SwissBorg disclosed 192,600 SOL ($41.5M) stolen from an external wallet used for its SOL Earn strategy, attributing the hit to a partner API compromise—not a breach of the core platform. Post-mortems again point to supply-chain and key-management hardening as near-term priorities for custodians and staking providers.(According to CoinDesk)

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One crisp read a day keeps the FUD at bay. Thanks for starting your morning with The Blockchain In Daily—back tomorrow with the freshest take across markets, policy, adoption and tech.