☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Spot ETH ETFs pulled in $307M on Wednesday, outpacing BTC ETFs at $81M, as rotations into Ethereum keep ETH/BTC ratio above 0.04.
🔸JPMorgan says bitcoin is undervalued with volatility at record lows, setting fair value at $126K by year-end driven by treasury inflows.
🔸Arizona-based Caliber adopts a LINK-focused treasury strategy for long-term staking gains, sending its Nasdaq stock up 60%.
🔸DeFi Development buys 407,247 SOL for $77M after equity raise, boosting holdings to 1.83M SOL and staking for daily yield revenue.
🌟Highlights
🔸CFTC clarifies US traders can access non-US crypto exchanges via FBOT registration, easing past enforcement confusion and reopening market access.
🔸US begins publishing GDP and inflation data on Bitcoin, Ethereum, Solana and more, making macro stats immutable and globally accessible.
🔸Tether to launch USDT on RGB, enabling private and scalable stablecoin transactions natively on Bitcoin for billions worldwide.
🔸Philippine Senator Bam Aquino to file bill putting national budget on blockchain, aiming to boost transparency and accountability.
🔸Former PBOC chief Zhou Xiaochuan warns stablecoins pose fraud, instability risks and argues China’s centralized payment system doesn’t need them.
🔸74% of Kanye West’s YZY token holders lost $74.8M, while 11 wallets captured 30% of profits, Bubblemaps reports amid manipulation claims.
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