BTC at $69.6K Ahead of CPI, Saylor buys 2,038 More BTC, & X Money Debuts Next Month

Crypto majors retraced ahead of CPI this morning; BTC -1% at $69.6k; ETH -1% at $2,030; SOL -2% at $85. ICP (+10%), FET (+9%) and Pi (+5%) led top movers. Oil briefly fell sub-$80 before reclaiming $85 as news of Iran leaving mines in the Straight of Hormuz spooked the market. Circle stock (CRCL) surged and Bernstein sees another 60% upside, setting a $190 price target. Bitwise CIO Matt Hougan outlined how Bitcoin reaches $1M, arguing the global store-of-value market could hit $121T in 10 years. The SEC and CFTC are collaborating on a joint oversight framework under “Project Crypto,” aiming to end jurisdictional confusion and cut duplicate compliance requirements for crypto firms. China’s Supreme Court issued a warning against using crypto for crime, signaling tighter enforcement. South Korean exchange Bithumb faces a proposed 6-month partial suspension from the FIU for AML and KYC violations. Netflix banned Bitcoin sponsor logos from boxer Justin Cardona’s trunks one week before his Jake Paul undercard fight, citing a policy against “speculative financial products” while allowing gambling platforms Polymarket and DraftKings. Prosecutors requested an October 2026 retrial date for Tornado Cash developer Roman Storm on two deadlocked charges of money laundering and sanctions evasion.