What happened: Bitcoin slid under $90,000, Ether dropped over 4%, and broader crypto markets weakened despite the U.S. Federal Reserve’s recent rate cut and broader risk-asset rallies — signaling lingering caution among traders.
Why it matters: Though rate cuts are traditionally bullish, crypto’s sensitivity to macro and tech-sector sentiment persists. Weakness under key levels suggests the market is still searching for clear catalysts before committing capital.
⸻
2) 
XRP ETFs near $1B inflows — fastest growth among major digital assets
What happened: XRP-focused ETF products have pulled in roughly $906 million in ~14 days, approaching the $1 billion mark faster than Bitcoin or Ethereum ETFs.
Why it matters: Strong inflows indicate institutional and retail interest concentrating on XRP, potentially positioning it as an altcoin with differentiated demand dynamics — especially amid BTC/ETH consolidation.
⸻
3) 
Gemini secures U.S. CFTC license for prediction markets
What happened: Gemini — the exchange founded by Tyler and Cameron Winklevoss — received approval from the CFTC to offer prediction markets to U.S. users, expanding its regulated product suite beyond traditional trading.
Why it matters: This licence broadens regulated crypto-adjacent financial products in the U.S. It could attract new user segments (specifically derivatives/prediction markets) and diversify exchange revenue streams amid slow price performance.
⸻
4) 
Do Kwon to be sentenced in U.S. for Terra-Luna collapse fraud case
What happened: Terraform Labs co-founder Do Kwon is set to be sentenced in New York after pleading guilty to misleading investors during the TerraUSD/TerraUSD crash, which wiped out ~$40 billion in market value. Prosecutors recommended a lengthy sentence; defense argued for leniency.
Why it matters: The case remains one of the most consequential fraud prosecutions in crypto history. The outcome could influence future enforcement intensity and act as a precedent for accountability in major collapse events.
