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Market Update
BTC STABLE, SEC ALLOWS IN-KIND REDEMPTIONS, FED DECISION TODAY
fomo hour
BTC broadly stable ahead of Fed decision today. SEC allows ETPs to use in-kind mechanisms. eToro launches tokenised US stocks on ETH. Lummis intros crypto collateral for mortgages bill. Strategy buys $2.4b BTC post equity raise. Twenty One Capital receives 5.8k BTC from Tether. BTCS to raise $2b to buy ETH. 180 Life Sciences to buy $425m ETH. ETH perp dominance overtakes BTC. Stablecoins are ETH’s ChatGPT moment: Tom Lee. Kraken seeks $15b valuation for IPO. Hyperliquid suffered server issues, denies exploit. Linea to burn ETH with 20% of fees. Rakbank first in UAE to offer crypto trading for retail
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