OVERVIEW

Weekend Detox: Crypto Coming Down From Election High?

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 📰

📈 BlackRock's Bitcoin ETF Overtakes Gold

BlackRock's Bitcoin ETF, $IBIT, just surpassed its own Gold ETF, $IAU, in net assets, hitting $33 billion in less than a year. Nate Geraci, President of ETF Store, commented on the milestone, stating, "Absolutely wild," on X. X.

☁️ AvaCloud Teams Up with J.P. Morgan

AvaCloud is rubbing shoulders with J.P. Morgan to bring privacy solutions to institutions. Zero-knowledge proofs and fancy encryption, they're making sure big banks can play with blockchain without spilling their secrets. Because if anyone needs more privacy, it's the banks. Avalanche news.

💰 Tom Lee Says Bitcoin to $100K

Tom Lee is back with his favorite prediction: Bitcoin hitting $100,000 this year. With regulatory clouds clearing and the Fed being dovish, he thinks it's totally possible. Again. SquawkBox’s X.

🚢 Tether Dabbles in Oil—Because Printing Stablecoins Wasn't Enough

Tether just financed a $45 million crude oil deal, moving 670,000 barrels of oil. Looks like they're not satisfied with just minting USDT; now they're diving into the oil business. CoinPedia.

🎟️ FTX Hacker Wants a Day Out—At Chuck E. Cheese, No Less

An alleged hacker who stole $400 million from FTX is asking to leave home detention to attend a birthday party at Chuck E. Cheese. Because when you're accused of one of the biggest crypto heists, skee-ball and claw games are just what you need. Protos.

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