APT Stagnates Amid Crypto Market Rally
APT trades little changed, underperforming the wider crypto market rally, with support at $2.16 and resistance at $2.31. #Update #Crypto $APT
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APT trades little changed, underperforming the wider crypto market rally, with support at $2.16 and resistance at $2.31. #Update #Crypto $APT
UAE’s new financial law integrates cryptocurrency and blockchain into traditional finance, placing them under the Central Bank’s supervision, solidifying the country’s global crypto position. #Update #Crypto $BTC $ETH
@Nasdaq ISE has filed to elevate BlackRock’s IBIT options limits to top tier status, coinciding with a surge in IBIT options activity and open interest moving towards US regulated venues. #Update #Crypto
In this week’s Crypto Long & Short, Martin Gaspar analyzes post-10/10 market conditions and potential opportunities, while Andy Baehr assesses investor sentiment amid ongoing selloffs. #Update #Crypto $BTC $ETH
@AMINA is piloting Google Cloud’s Universal Ledger to facilitate real-time fiat payment settlements, showcasing potential banking applications without the need for new digital currencies. #Update #Crypto
Crypto markets remain in “extreme fear” with Bitcoin stable; altcoins muted. However, newly listed token $MON surged on Upbit, driven by Korean traders. #Update #Crypto $MON
@ArkInvest added $9.1M in stocks of Circle and Bullish, both down as Bitcoin trades around $87,500. #Update #Crypto $BTC
$XRP tests critical $2.20 support after $164M ETF debut fails to prevent liquidations; traders should monitor ETF inflows and whale distributions for market direction. #Update #Crypto $XRP
@Amazon’s risk rally faces challenges as Nvidia experiences volatility, raising concerns over the AI-BTC-beta trade that previously boosted crypto markets. #Update #Crypto $BTC
Acting Chairman Caroline Pham announced the CFTC is forming a ‘CEO Innovation Council’ to enhance market structure and focus on digital assets. #Update #Crypto
Texas has initiated a state-based crypto reserve by purchasing $5M in a Bitcoin ETF, marking a significant step toward establishing the first government stockpile of cryptocurrency in the U.S. #Update #Crypto $BTC
Stellar ($XLM) rallies 2.3%, surpassing the critical $0.2460 level as institutional flows drive accumulation above seven-day averages. #Update #Crypto $XLM
$TON pulls back after a rally, indicating declining buyer interest as trading activity sharply declines. Key support is now eyed near $1.50. #Update #Crypto $TON
@Paxos has acquired crypto wallet startup Fordefi to enhance custody services, aiming to meet the rising institutional demand for on-chain asset issuance and stablecoin payments. #Update #Crypto