$BTC the Hong Kong is targeting 2026 🚀🚀 for virtual asit make #

- Record M&A activity: Crypto M&A hit a massive $8.6 billion in 2025, with big deals like Coinbase buying Deribit for $2.9 billion and Kraken acquiring NinjaTrader for $1.5 billion [CoinDesk].

- ETF boom: New crypto ETFs are launching rapidly after the SEC’s generic listing standards, with firms like 21Shares rolling out six crypto ETFs in recent months  ¹.

- Regulatory moves:

- Hong Kong is targeting 2026 legislation for virtual‑asset dealers and custodians [CoinDesk].

- The EU’s new crypto tax reporting rules kick in January 2026, mandating exchanges to share data or face asset seizure [CoinDesk].

- Brazil is considering a tax on crypto used for international payments [Binance Square].

- Major price action: Bitcoin is hovering around $87,000–$92,000, with recent volatility testing support near $80,000 [CoinGecko] ².

- Institutional adoption: Vanguard now offers crypto‑linked ETFs and mutual funds, while Bank of America adds crypto allocations for wealth clients [Crypto News – TheStreet][Crypto News Today].

- Legal developments: Do Kwon was sentenced to 15 years for the $40 billion crypto fraud [Crypto News – TheStreet].

What’s buzzing right now?

The market is juggling record‑high M&A deals, a surge in ETF products, and tighter regulations globally. Bitcoin’s price is consolidating after a strong run, while institutional players like Vanguard and Bank of America are deepening crypto exposure.

Want me to dive deeper into any of these impact investors?#USGDPUpdate $BTC

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