Polymarket bettors just front-ran a blockchain detective. Block fired 40% of its staff. Bitcoin is stuck in a $9k range. The plumbing is changing faster than the price.

Today's key developments:
• At least 12 wallets made over $1 million betting on a ZachXBT investigation on Polymarket before the findings went public.
• Block Inc. (Square) is cutting 40% of its staff while the OCC proposes new limits on stablecoin rewards.
• Bitcoin is stuck in a range between $60k and $69k, with Glassnode reporting 'exhaustion' among sellers.


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