Header Ads

Arvest Bank system issue showed incorrect account info Thursday, Friday

 



Bitcoin (BTC) continues its bullish momentum, trading around $94,335. This week, BTC experienced an 11% surge, marking its strongest weekly performance since November 2024. The rally is attributed to nearly $2.7 billion in net inflows into U.S.-listed spot Bitcoin ETFs, including significant gains by ARK 21Shares Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, and iShares Bitcoin Trust.


Ethereum (ETH) is trading at approximately $1,795.83. Analysts note a bullish crossover in ETH's trading patterns, suggesting potential for further upward movement.


Solana (SOL) and Avalanche (AVAX) are trading at $149.05 and $22.01, respectively. Both have experienced slight declines amid broader market fluctuations.


Paul Atkins, the newly appointed chairman of the U.S. Securities and Exchange Commission (SEC), has emphasized the need for clearer regulations in the cryptocurrency sector. He criticized previous regulatory ambiguity for stifling innovation and signaled a more industry-friendly approach moving forward. ​


In a related development, Senator Elizabeth Warren has requested the SEC to disclose its plans for regulating exchange-traded funds (ETFs) launched by Trump Media & Technology Group. Warren expressed concerns about potential conflicts of interest, given President Trump's involvement in cryptocurrency ventures. 

antor Fitzgerald, in partnership with SoftBank, Tether, and Bitfinex, is launching a $3.6 billion crypto venture named Twenty One Capital. The venture aims to acquire over 42,000 BTC, positioning itself as one of the largest Bitcoin treasuries.

Additionally, the U.S. government's establishment of a Strategic Bitcoin Reserve, announced in March 2025, has sparked discussions about institutional adoption of cryptocurrencies. The reserve is funded by Bitcoin obtained through federal asset seizures and aims to maintain government-owned Bitcoin as a national reserve asset

No comments

Powered by Blogger.