1️⃣ Bitcoin Hits $98K!
The total crypto market cap reaches $3.5T, with altcoins like $SUI and $ARB gaining momentum, while $FARTCOIN faces losses.
2️⃣ RLUSD Volume Surges!
Ripple's stablecoin RLUSD records $600M in 24-hour trading volume, driven by integration with Ripple’s ODL system.
3️⃣ Pro-Crypto Congress:
The US Congress is now the most crypto-friendly in history, advancing legislation like the FIT21 Act and stablecoin regulations.
4️⃣ FDIC Crypto Halt:
Regulatory concerns arise as the FDIC’s 'pause letters' forced banks to temporarily stop crypto-related services.
5️⃣ Do Kwon Pleads Not Guilty:
Terraform Labs co-founder denies fraud charges; the next court hearing is set for January 2025.
6️⃣ Stablecoin Boost:
BlackRock collaborates with Frax to support its stablecoin frxUSD, signaling growth in the stablecoin ecosystem.
7️⃣ Solana Bounces Back!
Following a $55M sell-off, Solana's price rebounds to $200, showing strong market confidence.
8️⃣ Bitcoin ETF Explodes!
BlackRock's Spot Bitcoin ETF achieves record-breaking growth, reflecting rising institutional interest.
9️⃣ HK vs. Japan on BTC:
Hong Kong considers adding Bitcoin to reserves, while Japan rejects the idea due to volatility concerns.
🔟 Execs Want Clarity:
US crypto executives push for clearer regulatory frameworks to foster innovation and stability.
