🔹 Key events from the world of cryptocurrencies – today
1. Telegram launches TON Wallet
Users in the USA received the TON wallet directly in the Telegram app. This facilitates the storage and transfer of TON tokens and brings blockchain closer to everyday users.
2. Bitcoin $BTC remains above $118,000
BTC trades steadily around $118,600, while Ethereum slightly declines (~$3,698), as reflected by today’s market reactions.
3. Crypto treasury – new altcoin companies on the Warsaw Stock Exchange
Companies like Sharplink Gaming (ETH) and DeFi Development Corp. (SOL) are investing heavily in altcoins, offering stock market investors exposure to alt-crypto without buying the tokens themselves – volume and risk are increasing.
4. **PANCAKESWAP (CAKE) rises by 9%**
CAKE records a daily increase of +9%, reflecting a weekly +42%, and analysts see potential for a harmonic breakout scenario.
5. XRP $XRP – elements of SEC law
SEC halts the conversion of Bitwise ETF regarding XRP/ADA due to regulatory uncertainty in the battle with Ripple, increasing tensions ahead of key decisions.
6. PNC Bancorp partners with Coinbase
PNC will allow customers to trade cryptocurrencies through Coinbase's 'crypto-as-a-service', indicating deeper integration of banks with the crypto sector.
7. US Congress: Emmer announces the CLARITY Act
Rep. Tom Emmer expressed confidence that the Senate will pass the regulatory bill (including Anti-CBDC), which has already been voted on by the House of Representatives during the so-called 'Crypto Week'.
8. UK takes advantage of the 'second mover advantage' in regulations
Coinbase UK emphasizes that the UK is responding better to regulations based on experiences from the USA and EU, strengthening London’s position as a crypto hub.
9. Quantum Solutions begins BTC reserve in Japan
A Japanese technology company plans to accumulate 3,000 BTC and become one of the largest corporate holders by 2026.
10. Ethereum ETF – a large capital injection
The inflow of funds to spot ETH ETFs is one of the largest since debut, placing Ethereum in an overbought area, indicating growing institutional interest.
11. USDC stablecoin – 50 million tokens burned
USDC treasury burned 50.07 million tokens on Ethereum, indicating an active policy of controlling the stablecoin supply.
12. Market trends – overall recovery
Although the market capitalization dropped by ~3.3% within 24 hours, most of the top 100 tokens rose, and the total trading volume is around $222 billion.
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🔍 Interpretation and context
Institutional investments: Visible trend of corporate BTC/ETH reserves, as well as more banks (PNC) and fintechs (Telegram, Coinbase) entering various areas of the crypto sector.
Regulations: The USA is approaching comprehensive legal frameworks through the CLARITY Act; in the UK, we see competitive, 'fastest' regulation.
Altcoin and DeFi market: Strong movements on tokens like CAKE and XRP, driven by both technical and legal-regulatory events.