Crypto rally pauses, privacy coins soar, Powell speech today
Description
Top Gainers: ZEC, MNT, XMR, ENA, WLD. BTC ETFs: +$441m | ETH ETFs: +$69m. BTC dips and takes major L1s down with it. Privacy coins ZEC & RAIL lead altcoin gains. ETH Foundation launches ‘Privacy Cluster’. Luxembourg SWF invests 1% of holdings in BTC ETFs. 4 year cycle is dead: Hayes. PayPay buys 40% stake in Binance Japan. Polymarket teases POLY token. Lummis working on tax exemption on BTC transfers. DDC raises $124m to buy BTC. DFDV launches first Japanese SOL DAT. FiServ to launch N Dakota’s stablecoin. Ethena, Jupiter to launch SOL based stablecoin. Square adds fees free BTC payment service. MetaMask launches in-wallet perps trading. UK ends retail ban on ETNs, explores tokenisation. France urges direct EU oversight of crypto firms.
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