Here's a quick rundown of some top crypto news today:
Market Trends & Price Action:
Bitcoin (BTC) has been experiencing some volatility, with reports of "panic mode" and a $10 billion BlackRock exchange-traded fund (ETF) rush for the exit. Despite this, MicroStrategy's Saylor still sees $1 million Bitcoin as "inevitable." Bitcoin recently fell to $60,000, which some analysts suggest could be the bottom of the bear market, indicating a potential new expansion phase. Market data shows BTC at $67874.70, with a -1.52% change in the last 24 hours.
The crypto market saw a decline yesterday, with some altcoins like PI, DOGE, and XRP experiencing significant losses. XRP is currently under fresh pressure after a rejection near its recent highs, and Binance's XRP reserves have dropped to 2024 lows, which traders are viewing as an accumulation signal. ETH is currently at $1972.56, with a -1.25% change in the last 24 hours. BNB is at $614.84, with a -0.56% change in the last 24 hours.
Key Developments:
Global crypto ETP outflows have continued for a fourth week, with $3.7 billion exiting in the past month.
Harvard has reportedly trimmed its Bitcoin ETF holdings by 21% and built an $87 million Ether position.
Animoca Brands has secured a Dubai VASP license to provide broker-dealer and investment services.
The CFTC Chair Selig has appointed crypto heavyweights to a 35-person innovation advisory panel.
Grayscale has filed to convert its AAVE token trust into an ETF to be listed on NYSE Arca.
There are warnings about new Chinese bot traffic and deepfake scams raising crypto security alarms.
Morgan Stanley is reportedly hiring blockchain engineers to integrate Ethereum, Polygon, Canton, and Hyperledger.
A new report from Chainalysis revealed that cryptocurrency flows to suspected human trafficking-related services surged in 2025, reaching hundreds o$BTC f millions of dollars.
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