Crypto treasury companies continued accumulating. Strategy purchased 17,994 BTC last week for approximately $1.28 billion. Bitmine also added 60,976 Ethereum, bringing its total ETH holdings to 4,534,563.
In the United States, Florida became the first state to approve a state-level stablecoin regulation. Meanwhile, the total market capitalization of stablecoins reached a record $313 billion.
Nasdaq partnered with Kraken to enable the trading of tokenized stocks.
Meanwhile, Donald Trump’s comments suggesting that the Iran war may be nearing an end provided some relief to markets, helping risk assets regain momentum.
Bitcoin is trading at $70,331, while Ethereum is at $2,050.
The Fear and Greed Index stands at 26, indicating fear in the market.
Developments expected during the day:
- Horizen (ZEN): The ZenIP42408 voting process will open.
