Crypto Rebounds! Lighter $1.5B Valuation! Winklevoss Capital fund Zcash DAT!
Crypto majors are rebounding after Tuesday’s selloff, with Bitcoin (BTC) up 1% at $105,000, while Ethereum (ETH) remains even at $3,550, Binance Coin (BNB) steady at $978, and Solana (SOL) down 2% at $159. Among top movers, CC (+30%), SKY (+15%), DCR (+13%), and ASTER (+10%) led the gains. Meteora’s MET token surged 35% following news of the Uniswap fee switch. Meanwhile, Ethereum whales have accumulated over $350 million during the latest dip, with indications that institutional players are behind the buying. Circle confirmed it is evaluating an $ARC token for its stablecoin chain, while Coinbase reportedly abandoned its planned $2 billion acquisition of stablecoin firm BVNK, according to Fortune. In other developments, SoFi introduced crypto trading for its customers, offering BTC, ETH, SOL, and more. JPMorgan also launched its deposit token, JPM Coin (JPMD), on Base—marking a major expansion of its blockchain products aimed at institutional clients.
Source link
Disclaimer: This article is for news and informational purposes only and does not constitute investment advice. Cryptocurrencies are highly volatile high-risk assets. Do your own research before trading, and never invest funds you cannot afford to lose. We do not endorse any tokens, exchanges or crypto projects mentioned.
