📊 Market Overview
Bitcoin’s volatile week deepened today as the market absorbed a series of regulatory crackdowns, institutional plays, and major tech developments. From British Columbia’s crypto mining ban to the debut of a quantum-ready wallet, the industry continues to balance innovation against tightening controls.
💥 Bitcoin Drops Below $108K Amid $320M Liquidations
Bitcoin fell sharply to below $108,000, triggering $320 million in liquidations across major exchanges. Analysts cited leveraged positions and automated liquidations as the cause, marking one of the most dramatic intraday corrections of the quarter.
Source: CoinDesk
🚀 ARK Labs Launches Arkade Public Beta Layer 2 for Bitcoin
ARK Labs officially rolled out the Arkade public beta, introducing a layer 2 scaling solution designed to enhance Bitcoin transaction speed and reduce network congestion. The project aims to give Bitcoin smart contract-like functionality while maintaining decentralization.
Source: The Block
🏦 BlackRock Pulling Bitcoin Whales as Wall Street Demand Surges
BlackRock continues to draw institutional investors and Bitcoin whales, as demand for large-scale digital asset exposure grows. Analysts suggest this could signal a long-term accumulation trend, positioning Wall Street as a major player in Bitcoin’s next cycle.
Source: Yahoo Finance
⚡ British Columbia Restricts AI Power, Bans Crypto Mining Connections
In a landmark policy move, British Columbia has restricted power access for AI data centers and banned new crypto mining connections. The government cited sustainability and grid stability concerns as primary motivations.
Source: Cointelegraph
🔐 Trezor Unveils First Quantum-Ready Hardware Wallet
Trezor announced the release of its first quantum-resistant hardware wallet, designed to withstand potential future attacks from quantum computers. The innovation sets a new benchmark for digital asset security and long-term resilience.
Source: Crypto News
🏛️ Crypto and Fintech Advocacy Groups Unite to Challenge Big Banks
Several crypto and fintech advocacy groups have joined forces to challenge large financial institutions over restrictive open banking policies. The coalition aims to promote fair access and interoperability across digital finance ecosystems.
Source: Cryptonews
📈 Summary
Despite volatility, the crypto market remains alive with innovation and institutional expansion. From ARK Labs’ Bitcoin upgrade to Trezor’s next-gen wallet, the week reflects how the industry continues evolving—adapting to new challenges while shaping the future of decentralized finance.