Here is a 2-minute breakdown of everything important that happened in crypto today.
Here's something interesting - the crypto fear is finally fading away.
After days of nervous whispers about a potential crash, the CMC Fear and Greed Index just turned neutral. And Bitcoin? Finally sitting above $98K...
Community sentiment on CoinMarketCap has done a complete 180, turning bullish on Bitcoin. The question is - did we really dodge the correction, or is this the calm before the storm?
Let's make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours:
- Franklin Templeton quietly launched EZPZ, a hybrid Bitcoin-Ethereum ETF (87-13 split). What crypto coins are they planning to add next? 📈
- SEC approved Figure Markets' YLDS - a stablecoin that pays 3.85% interest. What other stablecoin companies are planning similar moves? 💰
- Brazil beats the US to launch the world's first spot XRP ETF, while the SEC acknowledges multiple US XRP ETF filings. What could this mean for XRP's price? 🌎
- SEC launched a new crypto unit under Trump's administration with a pro-innovation stance. What exactly are they planning to change? 🔍
- DeFi's missing a crucial TradFi component: fixed income, with no crypto equivalent to LIBOR. Is any project working to fix this? 🤔
Let's dive in!
Franklin's Double Crypto Play
Franklin Templeton quietly launched something fascinating - a crypto ETF that holds both Bitcoin and Ethereum under one ticker. Named EZPZ (clever, right?), it's only the second crypto index ETF in the US market.
The interesting part? The fund holds Bitcoin and Ethereum in an 87-13 split based on market cap.
Franklin Templeton has bigger plans. They're positioning EZPZ to become a one-stop crypto portfolio for US investors, with plans to add more cryptocurrencies as they become eligible.
Want to know what crypto coins they're planning to add next? Read the full story!
This Stablecoin Actually Makes Money
Figure Markets received SEC approval for something unprecedented - a stablecoin that pays you interest just for holding it.
Their new YLDS stablecoin offers a 3.85% yield and is officially registered as a security. After a year-long wait, it's finally here, marking a significant shift in how we think about stablecoins.
What other stablecoin companies are planning similar moves? Read the full story!
XRP Makes History Twice Today
Brazil just beat the US to launch the world's first spot XRP ETF, but that's not even the biggest news of the day.
The SEC has acknowledged multiple XRP ETF filings from major players like WisdomTree and Canary Capital. These filings set up a potential 240-day review window that could reshape XRP's future.
What could this mean for XRP's price? Read the full story!
The SEC Changes Its Crypto Game
The SEC just launched a new Crypto and Emerging Technologies Unit, and it's not what you might expect.
Under Trump's administration, the regulator is taking a surprisingly different approach. Instead of the previous hard-line stance, they're focusing on clearing the path for innovation while targeting actual criminals.
What exactly are they planning to change? Read the full story!
The Missing Piece in DeFi
DeFi has everything from derivatives to lending platforms, but it's missing something crucial that traditional finance can't live without: fixed income.
Treehouse CEO Brandon Goh points out that DeFi skipped an entire asset class - one that forms the backbone of traditional finance. The problem? There's no crypto equivalent to LIBOR, making it nearly impossible to standardize rates.
Is any project working to fix this? Read the full story!
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