Markets Jump: Bitcoin reclaimed $65K as softer U.S. PPI cooled Fed-hike odds, lifting risk assets and pushing BTC/ETH higher. ETF Flows: Bitcoin and ether ETFs posted clean inflows ($181M BTC, $58M ETH), while BlackRock’s crypto book still slid 39% despite $15B inflows. Institutional Moves: BlackRock reportedly bought $138.9M in BTC during the rebound; William Blair cut Coinbase revenue estimates but kept an Outperform. Regulation Watch: Japan reclassified crypto as financial products under FIEA amendments, with insider-trading rules and a path to 20% tax; EU AMLA warned MiCA migration could overwhelm compliance. Security: Ostium’s Arbitrum perp DEX suffered an ~$18M USDC exploit tied to oracle price-feed manipulation; Backpack CEO again urged mandatory withdrawal delays. DeFi & Infrastructure: Aave V4 launched on Avalanche; Glacis Labs raised $6.8M to scale non-custodial stablecoin clearing; LCX acquired MasterDEX for LCX Liberty. Asia Expansion: Bybit launched in Indonesia; Revolut got in-principle UAE approval for crypto services. Scam Alerts: FTC and Idaho AG Labrador warned about rental scams that push victims toward crypto and wire payments. Prediction Markets: Kalshi launched Kalshi Pro for high-volume traders. Pakistan Shock: A cleric’s fatwa against crypto as “haram” is pressuring Pakistan’s crypto push and exchange licensing plans.