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Turnaround Tuesday
Tuesday's are often days when things change direction
OVERVIEW
Turnaround Tuesday 🔄
Before we dive in, here’s today’s crypto market heatmap:
And here’s a look at crypto’s total and altcoin market cap YTD:
*If you’re a business and want to access this data via our API, email us.
New In Three Sentences
Crypto News 📰
📄 Cardano’s MiCA-Ready Whitepaper Template Drops the Legal Guesswork
Cardano Foundation’s new whitepaper template is here to help projects navigate Europe’s crypto rules without a 200-page legal consultation. Built with LAWSIDE and STADLER VÖLKEL, the template lays out everything a Cardano-based project needs to comply with MiCA’s disclosure requirements. It’s free, it’s useful, and it’s wrapped in a Creative Commons license. Cardano Foundation blog.
💸 Ethereum ETFs Break Inflow Records, $295M Pours In Post-Election
Ethereum ETFs just smashed their own records, with Monday alone pulling in $295 million—more than double the previous best day. Fidelity and BlackRock led the way, as total ETH ETF inflows reached $513 million in a four-day sprint following the presidential election. CryptoDNES.
🔗 Tellor’s Going Full Layer 1
Tellor’s throwing down the gauntlet with its new Layer 1 blockchain, Tellor Layer, and it’s not here to play second fiddle. Built on Cosmos SDK, this isn’t your typical oracle. They’re talking about a decentralized, censorship-resistant data network, packing dual delegation, fresh dispute mechanisms, and seamless multi-chain bridging. Tellor blog.
📈 Canary Capital’s Big Swing: Hedera (HBAR) Spot ETF Filed with SEC
Canary Capital just threw another hat in the ETF ring, filing with the SEC to launch the first Hedera (HBAR) spot ETF. Canary, led by Valkyrie founder Steven McClurg, wants to expand its ETF lineup beyond just Bitcoin and Ethereum—and if their plan includes HBAR, what other altcoins might be considered in the future? Altcoin Daily.
🏦 Trump’s Treasury Pick Loves Bitcoin: Scott Bessent’s All-In on a BTC Reserve
Trump’s (likely) top pick for Treasury Secretary, Scott Bessent, is big on Bitcoin, and he’s all for a strategic BTC reserve. The hedge fund heavyweight has already backed Trump’s idea to grab up to a million BTC over five years, and with Senator Cynthia Lummis pushing the plan, a U.S. government Bitcoin vault could actually happen. If appointed, Bessent would have his hands on the controls to make this crypto dream a reality. Decrypt.
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