#CardanoDebate Here’s today’s live crypto update:
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📈 Market Snapshot
Total crypto market cap: Around $3.3–3.4 trillion—up ~1–2% in 24 hours .
Bitcoin dominance: ~62–64% of total market cap .
Trading volume: Circa $120 billion — down ~27% from yesterday .
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🔍 Key Highlights
EU regulation shifting gears: Under MiCA, major platforms like Gemini, OKX, and Crypto.com have been licensed in Malta, with Coinbase expected to get approval in Luxembourg. This regulatory momentum is fueling institutional interest across Europe .
Celebrity settlement: Shaquille O’Neal agreed to pay $1.8 million in a class-action suit tied to his FTX endorsement campaign .
Institutional growth: Galaxy Digital CEO Mike Novogratz says Bitcoin is nearing its all-time high, with more institutional inflows and supportive US legislation around stablecoins .
Security alert: Paraguay’s president’s X account was likely hacked, falsely announcing Bitcoin as legal tender—a reminder of the risk of misinformation .
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📝 Technical & Sentiment Overview
Bitcoin is approaching its record high (~$112k), trading between current support ($112k) .
Ethereum is hovering around $2.55–2.75k, recently benefitting from rallying sentiment .
Broader market dip: most of the top 100 coins fell ~1–4% over the past day, though some meme coins like DOGE and certain altcoins made modest gains .
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🏦 What This Means for You
Institutional moves & clearer EU regulation could underpin momentum for long-term bullish trends.
Bitcoin nearing all-time highs means opportunities—but also risks of a pullback.
Regulatory divergence within Europe may lead to shifts in where investors and platforms
