The market is up today, with most altcoins in the green. BTC is currently trading around $79,745. ETH is around $2,305.

🟔 Fear/Greed Index: 48 — neutral

šŸ“ˆ News roundup:

• Galaxy Digital: ā€œThe bottom is in; sellers are gone.ā€

• Alibaba’s Qwen model attempted to send data to a server in Beijing during testing.

• Ripple triumphs: A U.S. federal regulator approved the launch of an institutional crypto bank.

• Kraken and Hyperliquid are creating the first regulated on-chain exchange for perpetual futures in the U.S.

• Strategy neither bought nor sold BTC last week. Strive acquired 6,182 BTC for $511.4 million. BitMine acquired 10,452 ETH for $24 million.

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