Happy Friday!

In today’s CryptoSlate newsletter, we explore the latest shifts in the cryptocurrency market. XRP is in the spotlight as it enters corporate treasury reserves through investments in Worksport and BC Bud Co, highlighting a surge in institutional interest as companies look to diversify their treasuries amid XRP's growing market appeal. In a dramatic turn, Bitcoin has experienced a flash crash, dropping to $90,200 and causing over $885 million in liquidations across global trading platforms. Despite this turbulence, analysts are optimistic about Bitcoin's potential to exceed the $100,000 threshold, even as some indicators suggest overheating. Stay tuned for more detailed insights and analysis on these crucial developments!

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The global crypto market cap is $3.63 trillion, with a 24-hour volume of $301.76 billion. The price of Bitcoin is $99,459.25, and BTC market dominance is 54.1%. The price of Ethereum is $4,015.75, and ETH market dominance is 13.3%. The best-performing sector is Masternode, which gained 16%. The Crypto Fear & Greed Index is currently Greed (72).

📰 Top News

XRP enters corporate treasury reserves with Worksport and BC Bud Co investments

Market observers note institutional interest in XRP as companies diversify treasuries amid rising market appeal.

Bitcoin flash crashes to $90,200 causing over $885 million in liquidations

Roughly $880 million in liquidations hit global traders as Bitcoin slips back into five-figure territory.

Analysts foresee upside potential for Bitcoin beyond $100k despite some red flags

According to analysts, Bitcoin's surge past $100,000 caused some metrics to overheat, but most indicate further room for growth.

Latest Insights

• Bitcoin miners see revenue surge as price surpasses $100,000 milestone

• US Bitcoin ETFs exceed Satoshi Nakamoto’s BTC holdings in less than a year

• Ethereum climbs 28% against Bitcoin since November as it hits $4,000

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🗞️ More News

• Kraken survey reveals crypto holders’ struggle with emotional trading decisions

• 90% of token unlocks drive prices down, declines begin a month ahead

• Donald Trump appoints David Sacks to lead AI and crypto policy in new administration

• Solana eyes transaction boost with proposed block compute increase

• South Korean watchdog squashes rumors of corporate crypto roadmap

Latest Market Report

Bitcoin ETF options: A new tool for risk management and speculation

CryptoSlate's latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape institutional crypto trading.