Here's a more detailed crypto update:
*Current Prices:*
- *Bitcoin (BTC)*: $105,699 (2.49% increase)
- *Ethereum (ETH)*: $2,440.77 (1.06% decrease)
- *BNB (BNB)*: $646.27 (1.06% increase)
- *Solana (SOL)*: $169.30 (2.28% increase)
- *XRP (XRP)*: $2.40 (2.42% increase)
*Market Trends:*
- Bitcoin's price remains range-bound, hinting at a slow weekend.
- Ethereum's price hovers above $2,400, with potential for a comeback driven by the ETH Pectra upgrade and growing stablecoin usage.
- The global crypto market capitalization stands at $3.18 trillion, representing a 1.49% increase from last week.
*Recent News:*
- *Chainlink's New Startup Program*: Chainlink has unveiled a new startup program called "Build on Solana", aiming to support innovative projects.
- *Galaxy CEO's Prediction*: Galaxy CEO predicts Bitcoin will hit $150,000, criticizing Biden's crypto policies.
- *New DeFi Platform*: A new DeFi platform is set to challenge XRP with $30 million AUM.
- *Crypto VC Funding*: Gnosis and HQ lead with $14.95 million acquisition, while Perpl raises $9.25 million.
- *BlackRock's Tokenized Fund*: BlackRock's tokenized money market fund, BUIDL, is now integrated into Eular for on-chain collateral use.
*Market Analysis:*
- Experts predict a potential surge in Bitcoin's price due to increased institutional investment.
- Ethereum's upcoming upgrades are expected to boost its price and adoption.
- The crypto market's volatility presents both risks and opportunities for investors.
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