$BTC traded rangebound even as U.S. equities rallied (S&P 500 +2.05%). As of now, $BTC is trading at $108,944 and $ETH is trading at $2,660. Bitcoin dominance stands at 63.92%.
Trump Media is establishing a corporate bitcoin treasury with a $2.5 billion raise from around 50 institutional investors, comprising $1.5 billion in common stock and $1 billion in convertible notes. The company will custody its bitcoin with Anchorage Digital and Crypto.com.
A few other headlines include: Cetus has proposed a community vote to potentially return 100% of funds to users affected by the $223 million exploit; Cantor Fitzgerald has launched a $2 billion Bitcoin-backed lending initiative, providing financing to FalconX Ltd. and Maple Finance; and IPO filings reveal that Circle paid $100 million to acquire Hashnote.
During the last 24 hours, the top three gainers were $VIRTUAL, $CAKE, and $KAITO, while the top three losers were $XMR, $HNT, and $ZEC.
