☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Digital asset funds saw $572M net inflows as US 401k crypto approval spurred demand, led by $268M into ETH and $260M into BTC.
🔸Bitcoin nears $122K and ETH hits $4,300 after Trump’s crypto 401k order, with ETF inflows and corporate treasuries boosting demand.
🔸A “mysterious institution” bought nearly $1B in ETH this week as Ethereum’s market cap hit $523B, surpassing Mastercard’s valuation.
🔸XRP jumped 11% to $3.27 after Ripple’s SEC case was dismissed, with institutional volumes surging 208% to $12.4B.
🔸DOGE rose 3% to $0.24 as whales bought over $200M worth, with volume surging amid macro-driven institutional accumulation.
🔸CEA Industries’ BNC unit bought 200K BNB for $160M, becoming the largest public holder, with plans to expand purchases to $1.25B.
🔸Ethereum ICO whale sends 2,300 ETH ($9.9M) to Kraken, still holding $7M+. Originally bought 20,000 ETH for $6.2K in 2014.
🌟Highlights
🔸El Salvador passes law letting large investment banks hold BTC and offer crypto services to wealthy clients, shifting focus to institutions.
🔸LayerZero Foundation proposed a $110M deal to acquire Stargate bridge, swap STG for ZRO, dissolve the DAO, and expand integration.
🔸Argentinian blockchain developer claims Turkish detention over alleged Ethereum misuse, says he’ll share details after leaving country.
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