#CryptoNews TIN VẮN THỊ TRƯỜNG – THỨ NĂM, 11/12

Price fluctuations:

BTC surged to $94K and quickly turned back to $90K

ETH dropped to $3.2K

Altcoins are drowning in red even though the Fed just pumped $40 billion/month to stabilize liquidity

Policy & macro:

The Fed cut 25 bps for the third time this year, warning of increased job risk while inflation remains persistent

US senators are rushing to finalize the crypto bill, with amendments expected to be announced this weekend – hearings next week

Texas launches Bitcoin reserve fund, starting with $5M BTC

ETF Spot – session 10/12:

BTC: +$30.6M (BlackRock has not reported)

ETH: +$1.1M

SOL: +$4.9M

Businesses & markets:

CFTC licenses Gemini to open derivatives exchange, allowing the implementation of binary prediction contracts

Strategy sends a letter opposing MSCI's removal of the DAT index, arguing that it hinders the goal of the US leading the crypto industry

a16z crypto opens its first Asian office in Seoul, expanding to Singapore & Japan

Sei partners with Xiaomi: pre-installed crypto wallet on new smartphones, supporting global stablecoin payments from Q2/2026

BitMine wallet continues to accumulate strongly: +33,504 ETH (~$112M) in the early morning today