*Market Updates*
- *Bitcoin Price*: Bitcoin is trading around $111,324, with a 1.27% increase.
- *Ethereum Price*: Ethereum is trading around $4,320, with a 1.12% increase.
- *Crypto Market Sentiment*: The crypto market is showing a neutral sentiment with the Fear & Greed Index at 48
*Recent Developments*
- *Sora Ventures' $1 Billion Bitcoin Treasury Fund*: Sora Ventures has launched a $1 billion Bitcoin treasury fund to accelerate corporate adoption of Bitcoin.
- *Tether's Gold Industry Plans*: Tether is exploring opportunities in the gold industry, according to sources.
- *Ukraine's Crypto Legalization*: Ukraine's parliament has backed a draft law to legalize and tax crypto and virtual assets
*Regulatory Updates*
- *South Korea's Crypto Lending Regulations*: South Korea has banned leveraged crypto loans and capped lending interest rates at 20%.
- *SEC's Regulatory Agenda*: The SEC has released a regulatory agenda that could reshape digital asset rules.
- *European Central Bank's Digital Euro Plans*: The ECB is planning to roll out a digital euro by 2029 despite pushback from parliament
- *NFT Trading Volume*: NFT trading volume surged to a new high in August, despite a dip in sales.
- *Institutional BTC Holdings*: Institutional Bitcoin holdings have reached 1 million BTC.
- *Crypto Market Trends*: The crypto market is expected to see significant growth and evolution in 2025, driven by institutional investments, scalable networks, and real-world blockchain integrations
