Markets

Bitcoin is once again at the center of crypto market attention today, driving trading activity and shaping overall sentiment across digital assets.

XRP remains range-bound below $2 today, with no announcements, protocol updates, or regulatory news impacting the market.

In a landmark decision, the U.S. Securities and Exchange Commission has granted DTCC's subsidiary a no-action letter to operate a tokenization service for traditional financial assets. The program, set to begin in the second half of 2026, marks a major step toward mainstream adoption of blockchain technology in traditional finance.

Bitcoin has recovered to the $93,000 level after briefly dipping below $90K following the Federal Reserve's latest interest rate decision. While BTC shows signs of stabilization, most altcoins remain under significant selling pressure, reflecting ongoing market uncertainty.

Do Kwon, the disgraced founder of Terraform Labs, has been sentenced to 15 years in federal prison for his role in the catastrophic collapse of Terra Luna, which wiped out over $40 billion in investor funds and devastated hundreds of thousands of retail investors worldwide.

Solana’s realized profit/loss ratio has fallen into loss-taking territory, accompanied by declining liquidity — a developing on-chain trend suggesting market participants may be shifting sentiment. 

J.P. Morgan has arranged a U.S. commercial paper issuance for Galaxy Digital on the Solana public blockchain, highlighting growing institutional adoption of decentralized protocols. 

More than 300 Bitcoin wallets linked to the defunct Silk Road darknet marketplace suddenly became active, sending around $3.14M in BTC to one address—the largest movement in years. The reason for the activity remains unclear.