Dutch market maker @IMCTrading has appointed Alex Casimo as chief commercial officer for its cryptocurrency division, aiming to enhance institutional relationships and expand its crypto presence. #Update #Crypto
Bitcoin briefly surged to $74,000 but fell below $69,000 amid macroeconomic pressures and a strong U.S. dollar; short-term holders sold over 27,000 BTC, reflecting market caution. #Update #Crypto $BTC
Silicon Valley Bank reports that institutional crypto engagement surged in 2025, with venture funding rising 44% to $7.9B; stablecoins evolving into digital cash as regulatory clarity increases. #Update #Crypto $BTC $ETH
Stablecoins, with a market cap over $250B and transaction volumes exceeding Visa and Mastercard, are becoming essential for payments, driven by regulation and liquidity, despite risks like reserve transparency. #Update #Crypto $USDT
CME launches XRP and Solana futures, each surpassing $1 billion in open interest within months, indicating strong institutional demand and potentially paving the way for options listings. #Update #Crypto $SOL $XRP
