Major market movements
Bitcoin (BTC):
Bitcoin reached around $108,894 after hitting its all-time high of $111,000. This rise is attributed to the weakening of the US dollar and increased interest from institutional investors.
Ethereum (ETH):
Ethereum is trading at a price around $2,553.84, with improvements in network metrics and increasing adoption in decentralized applications.
Other digital currencies:
BNB: about $675.88
XRP: about $2.35
Cardano (ADA): about $0.756
Major news
Coinbase's listing in the S&P 500:
The cryptocurrency trading platform "Coinbase" has been listed in the S&P 500 index, a significant achievement reflecting the increasing integration between digital currencies and the traditional financial sector.
A US presidential order to create a strategic Bitcoin reserve:
President Trump signed an executive order to create a strategic reserve of Bitcoin, making the United States one of the largest holders of Bitcoin in the world.
Founder of Celsius sentenced to prison:
Alex Mashinsky, the former CEO of the Celsius platform, was sentenced to 12 years in prison for fraud and market manipulation.
The $LIBRA currency scandal in Argentina:
The digital currency $LIBRA, backed by Argentine President Javier Milei, experienced a sudden collapse, leading to massive losses for investors and over 100 criminal complaints.
Global trends
Establishment of major institutions for digital currencies:
Major US banks are studying the issuance of a joint stablecoin, in a move that strengthens the position of digital currencies in the global financial system.
Regulation of European markets:
The European "MiCA" regulation has come into effect, which is the first comprehensive regulatory framework for digital currencies in the European Union.
