Regulatory Landscape Front and Center, ACX Gets Boost from Token Proposal
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CRYPTO MARKET UPDATE TODAY'S FLASH S&P PMIS SURPRISED TO THE UPSIDE, LEADING TO A BRIEF UPTICK IN RATES, WHICH HAS SINCE LARGELY RECEDED. Despite this, the DXY continues its march back toward 106, nearly reaching that level this morning. Naturally, crypto continues to display relative weakness, with BTC 2.75% dropping below $64k, ETH 2.64% below $3500, and SOL 5.47% briefly dipping below $130, now trading just above that level. ETHBTC is showing some...
MARKET COMMENTARYCRYPTO INVESTORS ARE ANXIOUSLY WAITING FOR A DECISION ON AN ETHEREUM ETF APPROVAL AHEAD OF TODAY’S FIRST FINAL DEADLINE. Congress wrote a letter to Gary Gensler yesterday urging him to maintain a consistent and equitable approach for the Ethereum application, as well as for “other digital asset-backed ETPs.” ETH 2.64% continues to lead the market, gaining 1.51% to $3,795 while BTC 2.75% has dropped 2.10% to $67.7k. ETHBTC has risen 3.61%...
CRYPTO MARKET UPDATEBTC 2.75% IS BACK IN THE GREEN TODAY, RECLAIMING $70K FOLLOWING YESTERDAY'S DIP. ETF flows appear to be returning in full force, with another strong day of inflows, capping the largest 5-day period for inflows since mid-March. ETH 2.64% is down slightly on the day, consolidating around $3750 as investors await word from the SEC on ETF approval. ETH CME futures saw outsized volume yesterday as institutional investors showed interest...
