BTC is currently trading around $66,700 and ETH around $2,600. Notable gainers in the last 24 hours are TURBO, HBAR, and FTM. The global crypto market cap is $2.40T, up 0.6% over the last day. DeFi Total Value Locked is ~$87b and BTC dominance is around 58%.
Notable news includes: Kamala Harris’s Opportunity Agenda for Black Men policy document suggested she will add clarity around digital assets regulation; Trump’s World Liberty Financial raised just $5m in its first hour; US FinCEN alleged that TD Bank facilitated millions of dollars worth of suspicious crypto transactions; core US financial markets infrastructure provider DTCC unveiled a new digital assets sandbox; Paxos unveiled a new stablecoin payments platform targeting payment service providers and fintechs; Ripple launched its RLUSD stablecoin; Tether announced plans to explore lending to commodities firms; HTX partnered with TradingView to enable direct crypto trading on the platform; the spot Bitcoin ETFs saw their largest daily inflow yesterday in over four months at $556m; Monochrome launched Australia’s first Ethereum ETF; Bitcoin firm Blockstream raised $210m to build out its Layer-2 and mining efforts; Base surpassed Arbitrum by TVL to become Ethereum’s largest L2; Singularity Finance, Cogito, and SelfKey announced their forthcoming merger to tokenize AI-related assets; PancakeSwap launched its new PancakeSwapX product to improve execution and accessibility; and, an early Bitcoin miner sued his local council to dig up a landfill containing a hard drive and the keys to 8,000 BTC.
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Author:
Brian Rudick, Head of Research | Twitter, Telegram, LinkedIn
Carlos Guzman, Research Analyst | Twitter, Telegram, LinkedIn
Toe Bautista, Research Analyst | Twitter, Telegram, LinkedIn
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