Today's News‼️
🔴 The BTC network hashrate continues to recover. Historically, on a macro scale, an increase in hashrate has served as a leading indicator for growth in the price of BTC;
🔴 BTC, much like stocks, is experiencing a slow, gradual decline. Prior to the attack on Iran in February, both BTC and stocks were also trending downward. Immediately following that attack, BTC saw a brief dip before shifting toward growth — according to market monitoring;
🔴 Futures, which had previously filled the gap left by weak spot demand, have recently declined; the current position stands at -58,000 BTC in the spot market versus +39,000 BTC in the futures market. Selling pressure has also eased, though even the slightest movement amid low trading volumes is triggering sudden volatility — CryptoQuant;
🔴 According to Lookonchain, three addresses—believed to belong to a single whale—deposited 494,310 HYPE (valued at $37.83 million) onto Coinbase over the last 24 hours;
🔴 California’s financial regulator has opposed a proposal by the U.S. SEC to relax rules regarding cryptocurrency fundraising, arguing that the changes could weaken investor protections;
🔴 Market capitalization of tokenized funds by J.P. J.P. Morgan’s blockchain-based assets are approaching $900 million;
🔴 The combined capitalization of the MONY and JLTXX funds stands at $895.4 million, split almost equally between Solana (50.3%) and Ethereum (49.7%).
🔴 The BTC network hashrate continues to recover. Historically, on a macro scale, an increase in hashrate has served as a leading indicator for growth in the price of BTC;
🔴 BTC, much like stocks, is experiencing a slow, gradual decline. Prior to the attack on Iran in February, both BTC and stocks were also trending downward. Immediately following that attack, BTC saw a brief dip before shifting toward growth — according to market monitoring;
🔴 Futures, which had previously filled the gap left by weak spot demand, have recently declined; the current position stands at -58,000 BTC in the spot market versus +39,000 BTC in the futures market. Selling pressure has also eased, though even the slightest movement amid low trading volumes is triggering sudden volatility — CryptoQuant;
🔴 According to Lookonchain, three addresses—believed to belong to a single whale—deposited 494,310 HYPE (valued at $37.83 million) onto Coinbase over the last 24 hours;
🔴 California’s financial regulator has opposed a proposal by the U.S. SEC to relax rules regarding cryptocurrency fundraising, arguing that the changes could weaken investor protections;
🔴 Market capitalization of tokenized funds by J.P. J.P. Morgan’s blockchain-based assets are approaching $900 million;
🔴 The combined capitalization of the MONY and JLTXX funds stands at $895.4 million, split almost equally between Solana (50.3%) and Ethereum (49.7%).
