2d ago
☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸Spot bitcoin ETFs saw $477M in inflows as investors rotated from gold, showing renewed institutional confidence in crypto.
🔸SharpLink added $75M in Ethereum, bringing its total to 860,000 ETH worth $3.5B, solidifying its position as a top ETH treasury.
🔸Kadena is shutting down due to poor market conditions, ending business operations as its KDA token crashes over 60%.
🌟Highlights
🔸Coinbase acquires Cobie-founded Echo for $375M to expand into onchain fundraising, enabling token sales and early-stage investing for all.
🔸Fed Governor Waller says crypto is now part of the financial fabric, proposing a “skinny master account” to support payment innovators.
🔸Tether reached 500 million users and $182B in stablecoin supply, with CEO Paolo Ardoino calling it the biggest inclusion milestone yet.
🔸Gemini says UK crypto adoption jumped to 24% this year and expects 2026 rules to boost confidence as investors await regulatory clarity.
🔸The Ethereum Foundation moved $654M in ETH to a wallet linked to past sales, calling it a planned migration during renewed scrutiny.
🔸Bealls, a 110-year-old US retailer, now accepts crypto payments via Flexa, supporting 99 coins and 300 digital wallets.
🔸SpaceX moved $270M in Bitcoin in its first transfer since July. Believed to be a simple wallet reorganization.
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