Galaxy Launches $10M Prediction Markets Trade, NYDFS-EBA Pact Covers $314B Stablecoins, Trump Names Bitcoiner Pulte Acting DNI

The article highlights accelerating institutional and regulatory engagement with crypto: Galaxy Digital executed a $10 million OTC prediction-market trade with hedge fund Arca, signaling institutional access to event-driven contracts. Regulators the NYDFS and EBA signed a 22-page MoU to jointly supervise the $314 billion stablecoin sector, increasing cross-border oversight. President Trump named Bill Pulte Acting DNI, a pro-crypto official with disclosed holdings in Bitcoin, Solana and MARA, reinforcing a pro-crypto policy tilt. Markets reacted mixed: GLXY shares fell ~6% while U.S. equities held near record highs (S&P 500 +0.14%) as chip stocks rallied. Offsetting optimism, researchers warned of an accelerated quantum threat to Bitcoin/Ethereum cryptography. Overall, markets appear to price a pro-crypto policy tailwind, but elevated stablecoin and crypto-infrastructure risks (and quantum concerns) argue for focus on regulatory and technical hardening.