Bitcoin Supply Increases While Demand Stays Weak, Regulators Act
Analysts flagged rising bitcoin supply and weak demand, while US Treasury and Austrian regulators advanced crypto oversight.
Analysts have highlighted an increase in bitcoin supply alongside subdued demand, according to a daily news digest. The observation points to a softer near-term demand backdrop for the asset.
On the regulatory front, the US Treasury proposed stablecoin rules under the GENIUS Act, and Austria's regulator issued its first fine under MiCA. Separately, a Mac vulnerability reportedly allowed hidden Monero miners to be installed.
Other headlines included Reuters reporting that the US will ask partners to choose a side in the AI race, and Anthropic acknowledging a biosafety failure across 133 million AI interactions.
Source: ForkLog