📡 Hourly Update | 05:00-06:00

1. Bitcoin has surged 24.47% this week, nearing $80,000, recording its largest weekly gain since March 2023. Strategy holds positions with an unrealized profit of about $1.72 billion.

2. XRP has risen 10% recently, becoming one of the top gainers in the cryptocurrency market. Ripple transferred 40 million XRP, worth about $55.81 million, to an unknown wallet.

3. The US chaotic tariff regime has resulted in roughly $100 billion in tax refunds, wiping out all tariff revenues since May.

4. On Friday, spot gold rose 1.98% to $4,604.99 per ounce. It is up 5.22% for the week. Spot silver rose 1.37% to $69.0181 per ounce and is up 6.66% for the week.

5. Defiance ETFs has applied to launch a leveraged single-stock ETF with hourly resets. The specific underlying assets and leverage multiples have not yet been disclosed.

6. Grayscale Investments has submitted its fifth amended registration statement to advance the launch of a Zcash ETF. If approved, it would become the first ETF tracking the privacy coin Zcash.

7. TPG AG, leading a consortium, has agreed to acquire a portfolio of 53 industrial properties for $628 million, including about 5.4 million square feet of distribution and logistics space.

8. The US Supreme Court has allowed the White House’s plan to build a 90,000-square-foot banquet hall project to proceed.