BTC & SOLANA JUMP UP, BNB CROSSES $1,000, HYPE HITS ATH
Crypto majors largely rally post-FOMC; BTC at $117,300. SOL jumps 5% as Ahead Industries declares $4B ATM. BNB crosses $1,000 for first time; CZ bull-posts ASTER (+400%). Hype hits new ATH at $59; Venture X declares its Part 2. TokenWorks & PNKSTR announce perpetual machine rollouts for five new NFT collections, token soars. Crypto majors are very inexperienced after a 25 bps lower at FOMC yesterday; BTC +1% at $117,300, ETH +2% at $4,580, XRP +3% at $3.11, SOL +5% at $247. PENGU (+14%), SPX (+11%) and AVAX (+10%) led high movers. HYPE hit a brand new ATH at $59 on Wednesday; BNB crossed $1,000 for the primary time. The Bitcoin ETFs noticed $51M in internet outflows, breaking their 7-day influx streak; the ETH ETFs additionally noticed outflows. Moneygram is embracing stablecoins in partnership with Crossmint, massive information for its 50M clients and 200 working international locations. Kraken and Circle are partnering to increase stablecoin entry with USDC & EURC integration. NYDFS instructed banks to undertake blockchain analytics for AML/sanctions controls. A golden statue of Trump holding a Bitcoin has been put in exterior the U.S. Capitol constructing. The SEC accepted a generic itemizing customary which can significantly speed up the approval course of for crypto ETFs.
