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The fourth to tenth positions are occupied by Polkadot, Litecoin, Binance Coin, Dogecoin, Uniswap, Chainlink and Ripple respectively. Each has unique selling propositions attracting different segment of investors https://iconicint.com/.
Avalanche has risen by more than 16% in the last 7 days and is now trading above $22. The blockchain infrastructure of this platform provides quick processes and application scalability to attract more users for its ongoing development.
???? BlackRock: Its Bitcoin ETF surpassed $50 billion in assets in just 15 months, underscoring growing institutional demand for crypto exposure. ???? MicroStrategy: Increased its Bitcoin holdings to 447,470 BTC, continuing its long-term accumulation strategy.
While the recovery is promising, analysts caution about a potential correction. An excess of optimism in the market could lead to short-term drops, especially if Bitcoin surpasses $100,000 without strong institutional support.
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“Jupnet is a really big lift across the board, lots of research to be done across the board, proof of concepts to be developed in lieu of a good design, followed by lots of productizing. With Jupnet, we hope to add some special elements to the crypto space,” @weremeow noted in a post.
South Korea Blocks 14 Crypto Apps Including KuCoin & MEXCA regulatory crackdown led to app store bans of 14 unregistered crypto services. South Korea’s authorities plan to make crypto enforcement permanent.
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“Jupnet is a really big lift across the board, lots of research to be done across the board, proof of concepts to be developed in lieu of a good design, followed by lots of productizing. With Jupnet, we hope to add some special elements to the crypto space,” @weremeow noted in a post.
South Korea Blocks 14 Crypto Apps Including KuCoin & MEXCA regulatory crackdown led to app store bans of 14 unregistered crypto services. South Korea’s authorities plan to make crypto enforcement permanent.
Opinions expressed at FXStreet are those of the individual authors and do not necessarily represent the opinion of FXStreet or its management. FXStreet has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and omissions may occur. Any opinions, news, research, analyses, prices or other information contained on this website, by FXStreet, its employees, clients or contributors, is provided as general market commentary and does not constitute investment advice. FXStreet will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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Sen. Mark Warner, who had voted with his Democratic colleagues to block the bill earlier this month, insisting that it was “not yet complete,” released a statement early Monday encouraging his colleagues to vote yes on the bill, calling it a “meaningful step forward,” while still acknowledging Democratic anxieties about Trump’s crypto dealings.
However, the Democratic caucus remained divided in its support for the bill; while over a dozen Democrats voted with Republicans to advance it, senior Democratic leadership – including Senate Minority Leader Chuck Schumer and Minority Whip Dick Durbin – voted against invoking cloture.
Meanwhile, according to the Avalanche Foundation, more than 30 million contracts have been deployed across all indexed Avalanche Layer-1 (L1) networks. Approximately 10 million were deployed in the past month alone, with accelerating activity across the Avalanche network.
Cryptocurrency market news
CoinDCX Research Team noted, “The optimism around the Bitcoin price rally has increased significantly. Just before the day’s close, the token received a major bullish push, which helped it rise above $106K. The other tokens have also followed the trend, due to which the entire market has turned bullish, with the market cap rising above $3.35 trillion. Interestingly, Aave leads the top gainers with over a 20% rise, followed by Pendle & Curve DAO with 9% each and Ethereum, Maker & Chainlink with 6% to 7% each. Besides, Fartcoin drops by over 4%, the highest, while others are trying to rise above the bearish influence.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s swift rally past $107,000, followed by a sharp correction, is a textbook example of heightened volatility in an overheated market. The sudden rejection highlights how sentiment-driven surges can quickly unravel when profit-taking and resistance levels converge. Altcoins, which typically mirror and exaggerate BTC’s trajectory, have borne the brunt of this pullback, with major tokens like SOL, AVAX, and SHIB posting substantial losses. As market dominance shifts back in Bitcoin’s favor, we’re seeing capital consolidate into safer digital assets.”
Cardano price hovers around its key support at $0.72 on Tuesday; a close below could trigger a correction. On-chain metrics support a bearish thesis as ADA daily active addresses and DEX trading volume are falling.
“Next week, the Senate will make history when we pass the GENIUS Act that establishes the first-ever pro-growth regulatory framework for payment stablecoins. This bill will cement US dollar dominance, protect customers, increase demand for US treasuries, and ensure that innovation in the digital asset space is in the hands of the United States of America, not our adversaries,” Senator Hagerty wrote.
Lawmakers are now advocating for amendments to enhance consumer protections, enforce stricter financial controls and address potential ethical issues, particularly regarding the participation of large tech companies like Meta in the stablecoin space.