A packed 24-hour cycle in crypto brought a mix of regulatory developments, exchange stress, security breaches and fresh ETF flow data. Coinbase said it has settled its Freedom of Information Act lawsuit with the U.S. Securities and Exchange Commission, with the SEC agreeing to pay $150,000 and revise its record-retention policies after missing communications tied to former Chair Gary Gensler. In South Korea, combined daily trading volume across the country’s five largest won-based crypto exchanges fell 88% from a year earlier, while Korbit sold BTC and ETH holdings to raise cash. SEC Commissioner Hester Peirce also warned that moving vaults and lending strategies on-chain does not automatically place them outside federal securities laws. On the security front, algorithmic stablecoin Balance Coin crashed more than 99% after an oracle attack, and several other incidents highlighted operational and key-management risks across the sector. Meanwhile, spot Bitcoin ETFs logged a sixth straight day of net inflows and spot Ether ETFs extended their inflow streak to three days, according to SoSoValue data.

Multi-chain meme coin Base Dawgz has surpassed $1 million in its presale. Analyst Jacob Bury forecasts a 10x price jump post-listing, driven by cross-chain features, staking rewards, and growing community buzz on Base chain.

Layer Brett, a new meme coin built on Ethereum Layer 2, offers a presale price of $0.0055 and an 850% APY staking reward, drawing investors from Dogecoin and Ethereum. High risk remains.

Bitcoin reached a new record of $109,500, sparking a rally in meme coins. The sector's market cap hit $76.4B with MOG, WIF, and GIGA posting double-digit gains. Short sellers of DOGE and other tokens faced nearly $7M in liquidations.

Bitcoin breached $109,500 for the first time, pushing the meme coin market cap to $76.4B. MOG, WIF and other tokens surged over 12%, while short sellers faced heavy liquidations, with DOGE shorts alone losing $7 million. Altcoin season expectations rise.

Bitcoin’s jump to a record $109,500 sparked a sharp risk-on move in meme coins, with several tokens posting double-digit gains and short liquidations amplifying momentum across the sector.

Bitcoin shattered records at $109,500, triggering a meme coin rally. MOG surged 13.17%, WIF rose 12.68%, and DOGE short sellers faced $7 million in liquidations. Analysts expect meme coins to lead the next altseason.

Bitcoin hit a new all-time high of $109,500 on Wednesday, triggering a massive rally in meme coins. MOG led with a 13.17% gain, while DOGE shorts saw nearly $7 million in liquidations. Analysts expect altseason to follow, with meme coins leading the charge.