• The most published news
Bitcoin experienced significant inflows into spot ETFs, marking four consecutive days of positive net flows totaling $667.4 million. This surge, led by @BlackRock's IBIT ETF, underscores renewed investor interest in Bitcoin, with support from institutions like @Fidelity and @ARKInvest. Additionally, @JPMorgan announced it will allow clients to purchase Bitcoin, reflecting increasing institutional acceptance despite CEO Jamie Dimon's personal skepticism about cryptocurrencies.

• Current market trends
Bitcoin's price fluctuated, reaching a high of $107,000 over the weekend due to institutional activity, before settling around $105,000. Analysts anticipate the cryptocurrency may soon face a golden cross, a bullish pattern that historically leads to substantial price rallies. Ethereum has seen significant inflows into spot ETFs despite a recent price dip, with increased staking interest and infrastructure upgrades driving institutional demand. Overall, cryptocurrencies benefited from positive macroeconomic shifts, including interest rate cuts by the People's Bank of China.

• Regulations and policies
The U.S. Senate advanced the GENIUS Act, aimed at regulating stablecoins, marking a significant step toward establishing federal oversight for digital assets. Despite mixed political support, particularly from Democratic lawmakers, the bill seeks to create a comprehensive framework for stablecoin issuers. Additionally, the SEC delayed its decision on multiple Solana ETF applications, citing further evaluation needs, and is contemplating new rules to harmonize the trading and custody of both securities and digital assets.

• Technology and innovation
Anza, a spin-off from @Solana Labs, announced the Alpenglow consensus protocol to enhance Solana's efficiency, promising improved scalability and reduced transaction times. @Chainlink has also integrated its Cross-Chain Interoperability Protocol with Solana, enhancing liquidity and unlocking asset potential across multiple networks. These technological advancements aim to boost the performance and adoption of blockchain networks, fostering a more interconnected crypto ecosystem.

• Institutional investor news
Major institutional investors like @BlackRock and Susquehanna have significantly increased their holdings in Bitcoin ETFs, reflecting continued confidence in compliant crypto investment vehicles. Susquehanna's Bitcoin ETF investments grew by $291 million, bringing its total to $1.3 billion. Additionally, Strategy and Metaplanet made notable Bitcoin acquisitions, further reinforcing the asset's institutional adoption narrative.

• Market forecasts and expert opinions
Analysts predict Bitcoin prices could continue to rise, with some projecting a surge to $138,500 by the year's end. Factors driving these optimistic forecasts include institutional inflows, tightening supply, and a favorable macroeconomic environment. However, experts caution that Bitcoin's trajectory remains tied to broader market conditions, including the S&P 500's performance.

• Security and hacking news
Coinbase experienced a significant data breach, leading to the theft of sensitive user information and raising concerns about the risks of physical extortion. The DOJ has launched an investigation into the breach, while Coinbase works to enhance its security measures. This incident has sparked renewed discussions on the importance of robust cybersecurity practices for crypto exchanges.

Daily crypto market update is an AI summarization of important news published in major crypto media in the last 24 hours at the time of sending. The full news story can be found at the URL below.
http://ns3.ai/top-news