Crypto Markets Rebound; Memecoin Volatility Persists

Companies and some sovereigns are increasingly adding Bitcoin, Ether and stablecoins to treasuries as inflation hedges, 24/7 liquidity tools and — for states — sanctions‑resilience and neutral global settlement, with U.S. proposals like the Bitcoin Act and a Strategic Bitcoin Reserve under discussion and countries such as El Salvador already adopting BTC. BlockDAG’s presale has raised over $411 million (26.4 billion coins sold) and the project is highlighting real‑world utility via a BWT Alpine F1® Team partnership that brings simulators, on‑site activations and on‑chain fan experiences. Major cryptocurrencies were trading higher in the U.S. morning session — Ethereum up about 2.8% to $4,165.54 and Bitcoin up roughly 2.2% to $113,276.20 — while markets saw renewed bullish flows. Elon Musk’s Grok federal approval helped reignite Dogecoin (≈+4.5%), coinciding with roughly $3.9 billion in DOGE futures open interest and about $110 million of new bullish derivatives flows, and meme projects such as Maxi Doge have attracted presale capital. The memecoin sector remains highly volatile — tokens including Floki and Dogecoin have seen sharp pullbacks amid a risk‑off rotation into large caps, though rising volumes and key support levels are creating tactical entry opportunities for traders. Industry moves also include nine large European banks planning a euro‑denominated stablecoin under MiCAR for late 2026, Crypto.com denying claims it concealed a 2023 breach, and renewed attention on Sam Bankman‑Fried as FTX creditor payouts approach.