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Here is what you might have missed
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Bitcoin (BTC) from $125 000 to $110 000 and is currently holding slightly above this mark. The market has clearly cooled down — there are no signs of new growth yet.
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S&P Global has launched a crypto index. Now traditional investors have a new tool — Digital Markets 50 Index. It tracks the rates of top cryptocurrencies: Bitcoin, Ethereum, Cardano, Chainlink, Ripple. The main goal is to make the market more transparent and understandable for ordinary players.
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BlackRock has set a record with its bitcoin ETF. The IBIT fund, which invests in bitcoin, reached a capitalization of $100 billion. This is the most profitable ETF in the company's history — even for a giant like BlackRock, this is a significant event.
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Coinbase has been allowed to offer staking in New York. The exchange is launching staking for users in the state after lengthy negotiations with the regulator. This has been done in full compliance — against the backdrop of the departure of New York's financial department head, Adrienne Harris.
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Binance Wallet launches Meme Rush. A new platform for meme token hunters. You can search for and purchase coins without complicated wallets and private keys. A Bonding Curve model is used to ensure everything is fair and transparent ( we hope 😄 ).
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YZi Labs is establishing a fund of $1 billion. Former Binance Labs announced the Builder Fund. The money will go towards the development of Binance Chain, AI projects, and DeFi. Essentially, this is a bet on the "smart" Web3 of the future.