This weekend’s crypto market saw volatility with Bitcoin experiencing a sharp decline on Sunday following Friday’s ‘Powell bounce’, while Ethereum held strong. Analysts suspect a major whale liquidation event triggered the price drop, pushing BTC below its 50-day moving average. The lack of sustained gains despite a dovish macroeconomic backdrop signals fragile market risk appetite. Meanwhile, global exchanges are calling for stricter regulations on tokenized stocks, urging the SEC, ESMA and IOSCO to tighten rules due to concerns over similar product offerings without shareholder rights or adequate market safeguards. Japan’s finance minister believes crypto assets can be incorporated into diversified portfolios under proper regulation. Finally, stablecoins continue to impact U.S. Treasury markets as their reserves influence bill demand, money-market dynamics, and policy debates globally. Increased scrutiny of transparency and audit quality is expected for stablecoin issuers.