What happened in Crypto the last 12hrs...?
Market Movements and Token Launches
- Bitcoin breaks above $65,000
- $SOL above $157, reclaims $73B market cap
- $PEPE reclaims $4B market cap
- Hamster Kombat's $HMSTR token goes live for trading
- Hamster Kombat token price plunges on exchange debut per CoinTelegraph
New Products and Initiatives
- Ethena to launch new stablecoin UStb backed by BlackRock's tokenized fund
- Revolut rumored to be exploring launch of their own stablecoin per Bloomberg
- AVAX launches $40M retroactive grants program in build-up to major 'Avalanche9000' upgrade
- TONKeeper wallet to allow users to pay TON transaction fees in Hamster Kombat's new $HMSTR token per The Block
- Ledger partners with 'Topper' by Uphold to expand user purchase options
- BNY Mellon receives SEC approval to offer crypto custody services, currently manages $2T per Watcher Guru
Regulatory and Legal Developments
- Gary Gensler says Bitcoin is not a security per Watcher Guru
- "This [crypto] field will not long persist without investor protection or consumer protection" - Gary Gensler per CNBC
- FTX case examiner finds law firm Sullivan & Cromwell did not ignore red flags while the CEX was under their advisement per The Block
- Swan Bitcoin sues former consultants and executives for plan to steal Swan's BTC mining business in coordination with Tether per Pacemonitor[dot]com
ETF and Institutional Investment
- Spot Bitcoin ETFs have now seen five consecutive days of inflows
- BNY Mellon receives SEC approval to offer crypto custody services, currently manages $2T per Watcher Guru
