Japanese bond yields rose as the market focused on this week's economic data.

- Hyperliquid dominates 2025 DeFi perpetuals with $2.74T volume, rivaling Coinbase via HyperBFT's 200k TPS and sub-second finality. - Market share dropped from 73% to 38% as competitors like Aster emerged, though Hyperliquid maintains 62-63% Perp DEX open interest. - Governance innovations (HIP-1/3) enable permissionless listings while 93% fee buybacks and $5B TVL boost HYPE token value. - Regulatory risks and $4.9M security loss highlight vulnerabilities despite BlackRock/Stripe partnerships and SEC ETF a

- PENGU token surged past $0.0100 in late 2025, driven by Bitcoin rebound, whale accumulation, and Pudgy Penguins' project developments. - Technical analysis shows overbought RSI (73.76) and key support/resistance levels at $0.012-$0.0135, signaling potential volatility. - Market psychology blends speculative FOMO with strategic utility growth through "Pudgy Party" and NHL partnerships, though macro risks like Fed policy remain critical. - Analysts caution investors to balance short-term momentum with long

- The 2025 PENGU USDT sell signal exposed algorithmic stablecoins' fragility, triggering systemic risks through reflexivity and eroded trust. - The U.S. GENIUS Act excludes algorithmic stablecoins from regulatory frameworks, pushing them into a legal gray area with limited consumer protections. - Technical flaws like smart contract vulnerabilities and oracle dependencies exacerbate instability, compounding market confidence erosion during crises. - Investors now prioritize fiat-backed stablecoins, CBDCs, a

- Bitcoin's 2025 slump, driven by U.S. tariffs on Chinese rare earths, Fed rate hikes, and China's crypto ban, triggered a 20% price drop to below $100,000. - The Fed's 75-basis-point hike exacerbated the selloff, with Bitcoin falling 18%—outpacing the S&P 500's 12% decline. - China's 2025 crypto ban erased 5% of Bitcoin's value, reinforcing global crackdowns after its 2021 ban caused a 40% drop. - Analysts note Bitcoin's $83,000–$95,000 trading range reflects a correction within a broader bull cycle, not