Bitcoin fell by over 10% following Trump’s tariff announcements, with institutional demand expected to support its recovery. In South Korea, the ‘kimchi premium’ for Bitcoin surged to 9.7% amid local market stability, highlighting the impact of domestic trading dynamics.

THORChain’s governance approved a $200 million plan to convert debts into equity tokens, ensuring future revenue for creditors. Meanwhile, Steve Yun launched a $100 million fund for TON ventures, signaling strong interest in DeFi startups based on the TON ecosystem.