Ding Ding Top 10 Cryptocurrency News in the Last 24 Hours
In the past 24 hours, the crypto market has gradually stabilized after experiencing dramatic fluctuations. Bitcoin has rebounded from a low point to over ninety thousand dollars, with expectations of a Federal Reserve interest rate cut and institutional capital inflows becoming the main support. The ETH Fusaka upgrade has successfully launched, Layer 2 fees have significantly decreased, XRP ETF has continuously attracted capital, and traditional financial giants like Vanguard and BoA have opened up crypto allocations, signaling an acceleration in adoption. Despite regulatory shadows and fraud risks still existing, the overall sentiment has shifted to cautiously optimistic, with short-term bullish signals emerging, suggesting investors seize opportunities to enter the market in batches.
- Bitcoin has strongly rebounded over 8%, returning to the ninety-one thousand resistance level, with the market shifting from panic to wait-and-see, where the ninety thousand support level becomes crucial for bulls and bears.
- The ETH Fusaka upgrade has officially gone live, with Layer 2 transaction fees tested to have decreased by 40 to 60%, significantly relieving cost pressure for DeFi and RWA applications.
- Vanguard has made a major policy turnaround, allowing fifty million users to trade BTC, ETH, XRP, and SOL spot ETFs, with expectations of institutional capital inflows heating up.
- XRP ETF has seen a net inflow of over seven hundred fifty million dollars for eleven consecutive days, with prices consolidating above two dollars, and bullish divergence suggesting a breakout is imminent.
- BoA has lifted its crypto ban, allowing wealth advisors to recommend clients allocate up to four percent of their assets in crypto, marking a key step in mainstream financial adoption.
- Coinbase institutions are optimistic about a December recovery, with liquidity improvements and a 93% chance of a Federal Reserve interest rate cut, predicting Bitcoin could surge to one hundred thousand dollars by year-end.
- The UK has officially recognized Bitcoin and crypto as legal property, strengthening investment protection and national-level adoption, boosting confidence in the European market.
- Aptos stablecoin inflows have surged, attracting four hundred twenty-six million dollars in twenty-four hours, surpassing ETH and BNB Chain to become a leading emerging chain.
- The U.S. prosecution seeks a twelve-year heavy sentence for Do Kwon, with losses from the Terra collapse exceeding the total of FTX and Celsius, warning of the importance of industry compliance.
- New SEC Chair Atkins has launched Project Crypto, ending the era of enforcement regulation, providing clear guidelines for tokenized securities, with the industry hoping for a turning point.
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