Bitcoin’s latest rebound is not being tested by price alone. On-chain and derivatives data show a mixed setup: leverage has started to cool, but funding remains elevated and a growing share of exchange inflows appears to be coming from holders moving BTC under stress.

The United Nations Development Programme (UNDP) and the Stellar Development Foundation (SDF) have entered a multi-year agreement through 2027 to transition blockchain-based digital payments from experimental trials to a permanent, standardized institutional capability.

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