🌌 Why Wall Street’s Crypto Bet Is Bigger Than You Think
⚡ CryptoTrendz - 📌 What’s Buzzing?:
Kraken’s new Embed tool streamlines TradFi crypto integration, while Mastercard and Chainlink unveil direct on-chain payments. SHIB gains buzz with 66.3T reasons to rally. Coinbase nears all-time high. Bitcoin eyes $120K as stablecoins near $250B cap. ✨Take a closer look:
🔖 Crypto Market Trends:
🔹Shiba Inu’s price is gaining traction, now with 66.3 trillion reasons to stay strong (Source).
🔹Sui (SUI) rebounds from $2.40, with analysts eyeing a $4.50 breakout (Source).
🔹Optimism shows signs of either recovery or a pause in decline at $0.553 (Source).
🔹Bitcoin could surge to $120K as analysts share bullish reasons for the next stop (Source).
🔖 Corporate & Institutional Moves:
🔹Coinbase stock nears its all-time high after a 42% year-to-date gain (Source).
🔹The Coinbase stock is seen as misunderstood and could skyrocket with a stablecoin boom (Source).
🔹UK Bitcoin Reserve Company increases BTC holdings, driving their stock higher (Source).
🔹The corporate Bitcoin gold rush raises questions about cost and sustainability (Source).
🔖 Technology & Innovation:
🔹Kraken Embed streamlines TradFi crypto integrations as a one-stop shop (Source).
🔹Mastercard and Chainlink introduce direct on-chain payments for seamless transactions (Source).
🔹Zama raises $57 million in Series B to enable end-to-end encryption for public blockchains (Source).
🔹XRPL 2.5.0 boosts XRP momentum with escrow, DEX upgrades, and greater institutional appeal (Source).
🔖 Regulation & Legal:
🔹The House gets the GENIUS Act after a 68-30 Senate vote, but crypto reform faces new twists (Source).
🔹Changes in US crypto laws may impact charges in Do Kwon’s case (Source).
🔹A Florida duo allegedly stole $100M meant for special needs funding, sparking DOJ action (Source).
🔹Fed Chair Powell notes the US dollar’s weakness amid unusually challenging market conditions (Source).
🔖 Market Infrastructure & Adoption:
🔹CME Group’s XRP futures hit $542M in monthly volume, as Samson Mow predicts a $100K surge day (Source).
🔹Stablecoins near $250B, now anchoring 8% of the global crypto market (Source).
🔹SoFi is re-entering crypto, starting with Bitcoin and Ethereum offerings (Source).
🔹Neo Pepe NEOP presale surpasses $2M, supported by a stellar CertiK audit (Source).