AI-powered summaries of the day's top crypto events
Bitcoin's price surged to $80,000, marking a significant milestone as the cryptocurrency market experiences a rebound. This price increase led to over $220 million in short liquidations within 24 hours, highlighting the volatile nature of the market. Analysts caution that sustaining these levels is crucial to challenge ongoing bearish market sentiments.
US spot Bitcoin ETFs recorded a substantial inflow of $1.92 billion last week, marking the strongest weekly inflow since October 2025. This influx comes as Bitcoin's price briefly surpassed $78,000, reflecting increased investor interest and confidence in the cryptocurrency market.
Coinbase has introduced tokenized versions of major stocks like Apple, Nvidia, Meta, and Alphabet on its Base network. This move is part of a broader effort to integrate equities into blockchain technology, offering a new avenue for investors to access traditional financial markets through the crypto ecosystem.
Stablecoin neobank Fasset has reached a $1 billion valuation following a successful $68 million Series C funding round led by SBI Group. The funding will support Fasset's expansion of its cross-border stablecoin payments infrastructure, reflecting the growing demand for stablecoin-based financial services.
The TAC network, an EVM network connected to TON, has temporarily halted block production due to a supply exploit affecting its Cosmos-based EVM side. The TAC team is collaborating with validators to address the issue, which reportedly impacted only the TAC token supply.