The market is jittery today, with AI stock selloffs and ETF outflows spooking traders. Still, small caps are finding their footing, and a few sharp moves are keeping everyone on their toes! 🎢
⚡ Starknet rolled out a VIP program for STRK and strkBTC holders, and the crowd went wild. The excitement faded fast, though. STRK 🔴↓ slid hard after the announcement, even after its huge run-up over the past month.
📊 Altcoins were mixed this week, with a few names leading the weekly gains. ZK 🔴↓ gave back a big chunk of those gains right after the headlines hit, so the rally might be running out of steam. 🤔
🛡️ Nine crypto firms just formed a Quantum Alliance to set post-quantum standards. Coinbase is also warning that the whole industry needs to prep for quantum computing before it's too late. Expect this topic to heat up fast. 🔐
💨 ZEC jumped over 11% in a volatile session as spot ETF outflows kept piling up. Traders took profits quickly, and ZEC 🔴↓ dropped back after the spike. Privacy coins are clearly not a sleepy corner of the market. 🕵️
🏦 Wall Street giants are pushing back against tokenization plans, with nine companies voicing objections. Meanwhile, Deutsche Bank is nearing a custody launch and Schwab is expanding into digital assets. The institutional game is getting very crowded. 🏛️
🌍 Circle is eyeing 40 new markets as its USDC push moves well beyond crypto trading. Stablecoin remittances reportedly cost 84% less than traditional transfers. Real-world payments are where things get interesting. 💸
🤖 Anthropic's AI safety bill is drawing fire over its frontier compute line, while AI stocks sold off hard and dragged the broader market lower. Crypto followed the risk-off mood. 📉
Top movers after news:
🔴↓ STRK -11.40%
🔴↓ ZK -9.98%
🔴↓ ZEC -7.38%
Was the Starknet VIP program a smart move, or just a sell-the-news event? 🤷
Can privacy coins keep rallying while ETF money flows out? 👀
Will the quantum alliance actually protect the crypto space, or is it all talk? 🔐
Follow me for tomorrow's digest 🔔