Happy Thursday!

Bitcoin has officially crossed the $100,000 milestone, igniting a wave of excitement and a staggering $675 million in market liquidations across various altcoins. This surge not only marks a significant achievement for the leading cryptocurrency but also brings New York Mayor Eric Adams back into the spotlight, as he faces critics who questioned his decision to accept his salary in Bitcoin and Ethereum. Meanwhile, Ripple is addressing delays related to RLUSD in New York, but XRP's ecosystem continues to thrive amid growing market momentum. In a bold statement, Russian President Vladimir Putin has endorsed Bitcoin as a potential global reserve currency, suggesting a strategic pivot in Russia's economic policy as the nation navigates Western sanctions. Keep an eye out for further insights and analysis on these significant developments!

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The global crypto market cap is $3.68 trillion, with a 24-hour volume of $360.43 billion. The price of Bitcoin is $101,582.20, and BTC market dominance is 54.9%. The price of Ethereum is $3,895.01, and ETH market dominance is 12.8%. The best-performing sector is Advertising, which gained 16%. The Crypto Fear & Greed Index is currently Greed (84).

📰 Top News

Bitcoin surpassing $100,000, sparks $675 million in market liquidations

Bitcoin's milestone pass triggers liquidation frenzy across leading altcoins.

New York Mayor Eric Adams has the last laugh as Bitcoin hovers near $100k

Adams was criticized heavily in 2022 for choosing to receive his first three paychecks in Bitcoin and Ethereum.

Ripple addresses RLUSD New York delay, as XRP’s growth fuels ecosystem hype

Regulatory hold on RLUSD has not dampened XRP's significant market momentum.

Putin says Bitcoin is inevitable, endorses BTC over US dollar as global reserve currency

Russian President Vladimir Putin endorsement of Bitcoin marks a strategic shift in Russia's economic policy, with crypto playing a crucial role in navigating Western sanctions.

Latest Insights

• Elon Musk’s Tesla missed out on $3 billion by selling Bitcoin at $31k

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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.