A quick summary of the main news in the crypto market today
💥 1. Markets find stability despite geopolitical pressures
Cryptocurrencies experienced slight volatility due to political pressures in the Middle East, with Bitcoin dropping below the levels of $106–$108 thousand, but it rebounded and maintained this price range.
🏦 2. Companies heavily investing in Bitcoin
British company Vinanz added about 5.85 new BTC to its inventory, bringing the total to 65.03 BTC, after raising £3.58 million to exploit mining opportunities and strengthen its investment position.
📈 3. Huge inflows to Bitcoin and Ethereum funds
Last week, there were inflows of over $1 billion into Bitcoin funds, in addition to $129 million to Ethereum funds — an indicator of continued institutional confidence.
📊 4. BlackRock's expansion into crypto funds
BlackRock plans to launch trading funds for additional coins such as Cardano, Polkadot, and Solana, alongside new increases for existing Bitcoin and Ethereum funds.
⚖️ 5. Positive regulatory steps
The US FHFA (Federal Housing Finance Agency) was ordered to consider cryptocurrencies as part of the potential assets for buyers when assessing creditworthiness for mortgage loans.
The GENIUS Act was also passed to enhance transparency and oversight of stablecoins, paving the way for a more mature market.
6. Mining exchanges enhance referral programs
