The crypto market is buzzing with action right now. 🚀#BTCBreaksATH110K
Here are 5 key headlines that are moving the needle this week:
1️⃣ Bitcoin Hits New All-Time High: BTC has surged past $111,000, setting a new all-time high and pushing its market cap to $2.1 trillion. 📈
2️⃣ Stablecoin Regulation Advances in US Senate: A bipartisan bill (the GENIUS Act) creating a federal regulatory framework for stablecoins has advanced in the U.S. Senate. This could bring much-needed clarity to the stablecoin market. 🏛️
3️⃣ Texas Eyes Strategic Bitcoin Reserve: Texas lawmakers have passed a bill that could make the state the third in the US to establish a strategic Bitcoin reserve. Could more states follow suit? 🤠
4️⃣ DeFi Loans Hit Record Highs: Active DeFi loans have soared to an all-time high of $23.7 billion, indicating strong demand for on-chain leveraging and higher yields in the decentralized finance space. 💸
5️⃣ NFT Market Cap Surges to $4.8B: The NFT market is seeing a major resurgence, with its market cap reaching $4.8 billion, driven by increased utility, especially in Web3 gaming an
metaverse integrations. 🎮