Good morning!
The market is in the red today, with most altcoins down. BTC is trading around $101,925, ETH around $2,250.
🟡 Fear/Greed Index: 47 - neutral
📉 Morning news roundup:
• Metaplanet acquired 1,111 BTC, spending ~$117M. https://en.coin-turk.com/metaplanet-makes-bold-bitcoin-buy-amid-market-turmoil/
• Hong Kong passed a stablecoin bill, paving the way for CFA growth. https://coincu.com/344644-hong-kong-stablecoins-bill-growth/
• Ray Dalio warns: keep an eye on this key economic indicator. https://en.coin-turk.com/ray-dalio-warns-keep-an-eye-on-this-crucial-economic-indicator/
• Major developments in the bankrupt FTX crypto exchange situation. https://en.bitcoinsistemi.com/major-development-occurs-for-bankrupt-cryptocurrency-exchange-ftx/
• Despite Trump’s support, crypto firms are flocking to MiCA due to U.S. regulation.
https://btc-pulse.com/despite-trumps-support-crypto-firms-flock-to-mica-over-us-regulations/