🚨Breaking News🚨
$BTC $ETH $BNB
Top Headlines:
1. Bitcoin Smashes Record High:
• Bitcoin surged to a new all-time high, reaching as much as $124,480. The rally is driven by corporate investments and supportive U.S. government policy, notably an executive order from President Trump allowing retirement plans to invest in cryptocurrencies.
• Other reports confirm Bitcoin trading over $124,000 in early Asian sessions, with positive sentiment on Wall Street and favorable policy expectations further fueling the rise.
2. Ethereum ETFs Draw Massive Inflows:
• Ethereum’s spot ETFs recorded a staggering $1.019 billion in daily inflows five times more than comparable Bitcoin ETFs highlighting growing investor appetite for ETH.
3. Bullish Crypto Exchange IPO Rockets:
• Bullish, the Peter Thiel backed crypto exchange operator, made a sensational debut on the NYSE:
1) Shares opened at $90, a 143% jump from its $37 IPO price, before peaking at $118 and closing near $70. These dramatic swings triggered multiple trading halts.
2) The company raised $1.11 billion through the IPO, with its valuation projected around $5.4 billion, potentially rising above $9.5 billion with strong investor interest.
4. Regulatory Momentum: Solana ETF Filing:
• The SEC, now under new chair Paul Atkins, accepted the filing for an Invesco Galaxy Spot Solana ETF, marking another regulatory milestone for crypto based products.
5. Other Key Developments:
• Google Play announced new regulatory rules for wallet providers, though non custodial wallets remain exempt a sign of tightening oversight.
• Analysts debate whether Ethereum’s rally is driven by genuine adoption or speculative fervor.
• The Federal Reserve’s Musalem noted that inflation is approaching 3%, partially influenced by tariffs indirectly relevant to broader crypto market dynamics.