Iran has unveiled Hormuz Safe, a Bitcoin-backed insurance service enabling shipping companies to obtain coverage for transiting the Strait of Hormuz.

Bitcoin has fallen below $78,500 and is consolidating near the $76,500 support level, with a bearish trend line forming resistance at $77,700 on the hourly chart.

HYPE token gained 7% over 24 hours following the launch of a synthetic SpaceX pre-IPO perpetual contract on Hyperliquid, valuing the private aerospace company at $1.78 trillion.

Tokenized ETFs have crossed $430 million in total onchain market cap, with Ondo Finance's IVVon token surging 150% in the past month on Ethereum.

Blockchain intelligence firm Arkham flags extreme insider ownership concentration in $LAB, which has surged 3000% in three months.

The onchain market cap of euro-denominated stablecoins reached a new record of $774.2 million, with Ethereum commanding two-thirds of the total supply.

21Shares launched its Hyperliquid ETF in the US, recording $1.2M in net inflows on its first day of trading.

Solana, Cardano and Hyperliquid led the day's losses as risk appetite cooled across digital assets.

Crypto investment products absorbed $858 million last week, ahead of the upcoming CLARITY Act markup and Fed chair transition.

Tron, Cardano and Solana led weekly gains among the Top 10, while Bitcoin and Ether lagged as US spot ETF demand cooled on Thursday.