🔥 Mastercard Acquires BVNK for US$ 1.8 Billion in Historic Stablecoin Deal.
#BVNK
Mastercard made a significant move in the digital currency space by acquiring the stablecoin infrastructure company BVNK for US$ 1.8 billion. This acquisition is more than double BVNK's valuation from a year ago, highlighting a growing institutional interest in stablecoin infrastructure.
⚡ US Bitcoin and Ethereum Spot ETFs Record Net Outflows.
Bitcoin Spot ETFs recorded a net outflow of US296,18 million for the week, ending a four-week streak of inflows, while US Ethereum Spot ETFs experienced US 206,58 million in outflows for the week, marking the fourth consecutive week of net outflows. This indicates a shift in investor sentiment in the short term.
📉 Bitcoin Mining Companies Migrate to AI Amid Financial Pressures.
Bitcoin mining companies are increasingly focusing on artificial intelligence (AI) and high-performance computing (HPC) while facing potential losses of approximately $19,000 per mined Bitcoin. This strategic shift involves selling existing BTC reserves to fund new AI initiatives.
📈 Top Asset Performance (24h)
BTC: +1.4% — Currently trading around $67,027.21, showing a slight recovery after recent declines.
ETH: +1.8% — Trading above $2,000 at $2,027.24, reducing its 24-hour decline.
BNB: +1.1% — Price surpassed $610, now at $617.43, with a reduced drop over 24 hours.
SOL: +0.5% — Holding steady at $83.83, showing small gains.
🚀 Today's Biggest Gainers
NOMUSDC: +36.5% — Significant increase in trading volume and ongoing capital inflow.
NOMUSDT: +36.0% — Experienced a significant increase in trading volume and sustained capital inflow.#NOMUSDT
ONTUSDT: +21.3% — Had a substantial increase in trading volume with steady capital inflows.#Ontusdt