$BTC Here's a short post on crypto news:
*Recent Developments*
- *Bitcoin*: Bitcoin-backed loans are gaining popularity, allowing crypto-rich individuals to buy real estate without selling their BTC and avoiding capital gains taxes. Xapo Bank and Ledn are among the institutions offering such loans, with up to $1 million available for qualified clients.
- *Vietnam's Crypto Law*: Vietnam has legalized crypto assets under its new digital technology law, recognizing virtual assets and crypto assets while mandating cybersecurity and anti-money laundering safeguards.
- *Market Trends*: The Crypto Fear & Greed Index remains in the "greed" zone despite Israel-Iran tensions, with Bitcoin trading at $105,540. Bitcoin ETFs have recorded a 5-day inflow streak, accumulating $1.37 billion in inflows.
- *Other News*: ¹ ² ³
- *NFT Sales*: NFT sales have pumped 37% to $144.8 million, with Immutable dethroning Ethereum.
- *Trump's Crypto Earnings*: Trump's crypto bet has reportedly earned over $600 million in 2024 earnings.
- *Stablecoins*: Circle CEO predicts stablecoins will reach a level of developer attraction similar to the iPhone.
*Price Updates*
- *Bitcoin*: $105,515 (0.43% increase)
- *Ethereum*: $2,541.71 (0.29% increase)
- *XRP*: $2.17 (0.27% increase)
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