@tylerfoust.eth

GA guys 👋 • JPMorgan has approved the use of Ethereum as collateral for loans - a key step in institutional recognition of $ETH as a financial asset comparable to traditional instruments. • Tom Lee's BitMine continues to aggressively build its position in Ethereum: $88.1 million in new purchases and another 98,800 $ETH over the past week. The company's total balance has reached 4,066,062 $ETH - one of the largest corporate holdings. • VanEck has included staking in its Avalanche ETF application - an important precedent that could change the approach to crypto ETF returns. • Spot XRP ETFs have recorded inflows for six consecutive weeks - more than $1.2 billion accumulated, indicating stable institutional demand. • Large investors have invested $640 million in $XRP amid market stabilization. • Strategy will continue to buy $BTC despite a 43% drop in shares and the risk of exclusion from MSCI. • Arthur Hayes predicts $BTC will rise to $200,000, followed by a correction and a bottom above $124,000. • More than $270 million worth of altcoins are expected to be unlocked - potential short-term pressure on H, XPL, JUP, SOON, MBG, and UDS. • ETHzilla has completely exited $ETH, calling the investment a mistake. • Gold has updated its historical high at $4,499. • Ghana has legalized cryptocurrencies and launched regulation. • The Pentagon is collaborating with Elon Musk's xAI - significant for the AI sector, but indirectly for the crypto market. • Stealka malware steals cryptocurrency by masquerading as game mods - a reminder of the risks, but with no systemic impact on the market.

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