Here is what happened yesterday in the crypto market:
Coinbase to Join S&P 500, Shares Surge
Coinbase shares jumped 8% after news of its inclusion in the S&P 500 index. This move reflects the growing acceptance of crypto firms in mainstream finance.
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US Crypto ETFs Smash New Record
US cryptocurrency investment products saw inflows of $882 million last week, approaching all-time high asset levels, signaling continued institutional interest and adoption.
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Stablecoins Eye Mainstream Adoption Amid Regulatory Progress
Deutsche Bank reports that stablecoins are nearing mainstream adoption due to regulatory advancements. Tether’s USDT also hit a $150 billion market cap for the first time.
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Bitcoin Could Reach $150K Amid US-China Tariff Deal
Bitcoin broke above $105,700 after the U.S. and China agreed to slash tariffs. Chart analysis suggests a potential rally toward $150,000.
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Teens Kidnap Man for $4M in Crypto
Three teenagers in Las Vegas kidnapped a man at gunpoint and stole $4 million in cryptocurrency, highlighting the rising risks of crypto-related crime.
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