Core Scientific Looking for Expansion Opportunities, Philippines to Block Access to Binance
Following the worst week of ETF flows since inception, BTC (+3.89%) is rebounding, rising to $69.6k, and ETH (+4.09%) has reclaimed the $3,500 mark. Last weekâs outflows totaled $888 million, representing about a fifth of the inflows seen in the previous two weeks. ONDO, an institutional RWA protocol, is one of the top performers today, rising 7.61% as investors remain optimistic about the future of tokenized assets and their ability to draw institutional capital into the industry. The SPY (-0.15%) and QQQ (-0.22%) are showing modest declines today, but crypto-related equities are showing strong outperformance, with MSTR 8.14% , COIN 4.54% , and WGMI -0.97% gaining 17.27%, 8.83%, and 7.37%, respectively. The key economic data point to watch this week is February PCE, which will be released Friday morning despite the stock market being closed in observance of Good Friday.
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CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 5.58% climbing back above $61,000 and SOL 7.64% moving above $145, while ETH 5.26% is lagging, trading around $2,400. Among today's outperformers is SUI 7.14% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...
MARKET UPDATE Markets are selling off in the first day of Q4, fueled by geopolitical fears as tensions rise in the mid-east. The SPY -0.32% and QQQ -0.71% have dropped 1.14% and 1.92%, respectively, while the VIX has surged over 17%. XAU and DXY are gaining as investors move towards safe-havens. Crypto assets have also sold off, with BTC 5.58% briefly dropping below $62k and ETH 5.26% below $2.5k. Among altcoins, SUI 7.14% is showing...
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