Forest for the Trees founder Luke Gromen stated that he has a long-term bullish outlook on Bitcoin, but currently short-term bearish due to factors including Bitcoin's high correlation with tech stocks, failure to break through gold, threats from quantum computing, and Tether investment dynamics.

Golden Finance reports that, according to SolanaFloor, the Metaplex Foundation has initiated a vote on MIP 012. The proposal suggests updating the Bubblegum program to allow creators to close unused cNFT Merkle trees and reclaim rent.