1. Strategy introduces Bitcoin banks using an index, showing an overall bank adoption rate of 32%, with Fidelity leading at 71%.

2. Machi sold Bored Ape #251 at a loss of 6.99 ETH (about $124,000) to raise funds for its ETH long position. Its current holdings are 5,264 ETH (about $9.38 million) in a long position, with a liquidation price of $1,756.76.