Latest from #crypto space:

1. The SEC has approved a joint Bitcoin and Ethereum spot fund ETF from Bitwise, marking it as the third such approval following those from Hashdex and Franklin Templeton. This could potentially impact the valuation and mainstream acceptance of these cryptocurrencies.

2. The crypto market experienced a cooling period, partly influenced by U.S. stock market trends and the announcement of a crypto-friendly acting chair at the SEC. Bitcoin and other major cryptocurrencies like Ethereum and XRP have seen price adjustments, with Bitcoin dipping below $100,000 due to market deleveraging and the Federal Reserve's neutral stance on interest rates.

3. Following Trump's executive order to support cryptocurrency growth, including the exploration of a national digital asset stockpile, there's been a mixed market response. This move has been seen as a step towards making the U.S. a hub for digital currencies, although it also led to significant liquidations in the market.

4. The Czech Republic has approved a Bitcoin reserve, which could set a precedent for other nations to follow in considering cryptocurrencies as part of their strategic reserves.

5.  Kraken has relaunched its staking services for U.S. clients, indicating a continued push for staking opportunities despite regulatory scrutiny in the past.

#Bitcoin #Ethereum #CryptoETF
#crypto #Bitcoin #Ethereum #CryptoETF