Circle just made history as the first major stablecoin issuer to secure a federally chartered national trust bank, while Bitcoin held firm near $64,000 despite fresh ETF outflows. Add in a memecoin shakeup in DeFi volume, SWIFT's blockchain ledger going live, and a suspected Hedera exploit — here's everything moving the crypto market today.

In the last 24 hours, Bitcoin topped $72,750 on a U.S.-Iran ceasefire deal, Morgan Stanley launched its spot Bitcoin ETF with $30M in day-one inflows, and Wells Fargo filed a trademark for its own stablecoin. The institutions aren't coming — they're already here. Here's everything you need to know.