Introduction

The crypto market continues to experience volatile shifts, with Bitcoin surpassing $85,000, new regulatory moves, and institutional investment discussions gaining momentum. Here’s a breakdown of today’s most important crypto news updates.

Listen to the Daily Crypto News Summary in the Podcast

Bitcoin Hits $85K Amid Positive Economic Signals

Bitcoin surged past $85,000 following strong economic data and a cooler-than-expected U.S. inflation report. Investors see this as a bullish sign, with institutional interest growing. However, some analysts warn of a possible correction due to profit-taking. (Source: CoinTürk)

XRP Remains Flat Despite Ripple’s UAE Expansion

Ripple has secured a license to offer crypto payments in the UAE, marking a major regulatory milestone. However, XRP’s price remains stagnant, suggesting that broader market factors may be overshadowing this development. (Source: CaptainAltcoin)

altFINS Analysis: Trading Opportunities with XRP

altFINS experts highlight a promising trade setup for XRP, which is currently in an uptrend. With the price approaching a significant support at $2.00, this level represents a solid entry point for a swing trade. Traders are advised to set a stop loss at $1.80 to mitigate risk.

The easing of SEC regulatory pressures and the potential 2025 launch of an XRP Spot ETF could positively impact XRP’s market dynamics. While the short-term and medium-term trends are downward, the long-term outlook remains positive. Momentum indicators like the MACD suggest an impending upswing.

Traders should consider setting a price alert at the $2.00 support level. For further trading strategy refinement, altFINS offers lessons on trading breakouts and managing risks effectively.

Source: altfins.com

OKX to Delist Multiple Altcoin Trading Pairs

OKX has announced the removal of several altcoin trading pairs, citing low liquidity and compliance concerns. This decision could impact smaller projects, making it harder for traders to access certain tokens. (Source: Bitcoin Sistemi)

Fidelity Pushes for Ethereum ETF Staking Approval

Fidelity is seeking SEC approval to enable staking for its Ethereum ETF, which could boost ETH yields and make the fund more attractive to investors. If approved, this move could significantly enhance Ethereum’s institutional appeal. (Source: AMBCrypto)

Binance Completes USDC Integration with Hedera

Binance has fully integrated USDC with the Hedera network, allowing for faster and more cost-effective transactions. This development strengthens USDC’s role in the crypto ecosystem. (Source: CoinTürk)

USDC Beta Version Goes Live in Japan via SBI VC Trade

Japan is expanding its stablecoin adoption as the USDC beta version becomes available on SBI VC Trade. This move is expected to accelerate the use of digital assets in the region. (Source: Cryptopolitan)

Wall Street Sell-Off: Who Won and Who Lost?

Traditional markets saw a major sell-off, with most investors suffering losses. However, a few managed to capitalize on the volatility, reinforcing the importance of diversification. (Source: Cryptopolitan)

Warren Buffett Stays Profitable Despite Market Chaos

As Wall Street struggles, Warren Buffett remains one of the few investors in the green. His cautious investment approach continues to outperform during economic downturns. (Source: Cryptopolitan)

Deutsche Bank Considers U.S. Bitcoin Reserves

Deutsche Bank has highlighted the potential benefits of the U.S. holding Bitcoin reserves, furthering the discussion on BTC’s role in national financial strategies. (Source: CoinTürk)

Robert Kiyosaki Warns of Economic Crisis, Backs Bitcoin

Renowned financial author Robert Kiyosaki has once again warned of an impending economic collapse, urging investors to secure assets in Bitcoin and gold as safe havens. (Source: CoinTürk)

The Bitcoin Act: U.S. Pushes for a $1M BTC Reserve

A proposed bill in the U.S. suggests building a national Bitcoin reserve worth $1 million without taxpayer funding. If passed, this could signal a major shift in government-backed crypto adoption. (Source: Bitcoin.com)

Conclusion

The crypto market is at a crossroads. While Bitcoin’s surge past $85K and institutional moves signal strength, regulatory uncertainties and market volatility keep traders cautious. Will BTC continue its uptrend, or are we facing a correction? Stay tuned for tomorrow’s crypto news update!

Daily crypto news and insights from altFINS Editor’s Picks Section.