Bitcoin (BTC) shows dominance, surpassing 60%, while altcoins experience a decline. BlackRock's BTC ETF hits an unprecedented inflow day, indicating increased investor interest.
MicroStrategy announces plans to raise a staggering $42 billion to acquire more BTC, demonstrating its continued confidence in Bitcoin as a strategic asset.
Coinbase suffers a 3% pre-market drop after missing earnings expectations but remains committed to the crypto industry by pledging $25 million to a pro-crypto political action committee (PAC).
Meanwhile, Canary Capital shows interest in Solana (SOL) by applying for a SOL ETF, as SOL decentralized exchange (DEX) volume surpasses Ethereum's by hitting 168%.
In other industry news, Kraken cuts 15% of its workforce, while the US Treasury identifies tokenization as a potential significant trend.
Binance introduces a new wealth management platform to cater to its users' investment needs.
Despite risks associated with centralised stablecoins, according to Curve's founder, multiple developments highlight the vibrant and evolving nature of the crypto sector.
Among smaller updates, FTX's engineering director remains free, Microsoft shareholders contemplate BTC voting, and Nillion raises $50 million for a pioneering 'blind computer' project.
