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Crypto

AI Summary

  • Bitcoin's recent performance has come under pressure, with fears of a decline below the $90,000 mark amidst macroeconomic uncertainties and rising tariff tensions impacting investor sentiment.
  • Institutional interest remains strong, as Bitcoin ETFs have seen significant inflows, with $2.17 billion recorded last week, marking the best week for crypto funds since October, primarily driven by Bitcoin and Ethereum.
  • Regulatory developments are ongoing, with the NYSE planning a 24/7 blockchain platform for tokenized stocks pending approval, while India's central bank aims to integrate digital currencies among BRICS nations for trade.
  • The crypto market faces increasing scrutiny, illustrated by a South Korean crackdown on an underground remittance ring linked to crypto, highlighting ongoing concerns regarding regulatory compliance worldwide.
  • Ethereum's transaction activity has surged, reaching record levels as the validator exit queue drops to zero, indicating a shift in network confidence and operational stability despite ongoing debates about DAO restructuring for better governance.

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