Here’s a 2-minute look at everything that happened in crypto today.
Bitcoin just reached an all-time high – in 5 major currencies around the world…
While all eyes were on the US Dollar charts waiting for that magical ATH moment, Bitcoin quietly made record highs across the world.
Just ask Europe: BTC has just surpassed €68,000, setting a new all-time high against the euro.
And it’s not just Europe that’s feeling the heat. The Australian dollar? Record high. Canadian dollar? Same story. Even the Turkish lira cannot slow down the momentum of Bitcoin.
But here’s the thing: the US dollar chart remains the final boss, just 2% of uncharted territory. And the market? Cool as a cucumber in all this.
So what is the cause of this blocker? Let’s make sense of it all! Here is a brief overview of the main headlines from the last 24 hours:
- Bitcoin touched $73,562 yesterday, missing ATH by almost $175. What is the cause of the delay? 🚀
- The new stablecoin Solana sUSD brings Treasuries to the masses. But what is the trap behind these instant exchanges? 💵
- Circle partners with Hong Kong’s HKT to turn loyalty points into something useful. Why test in Hong Kong when the American market demands it? 🎯
- Korean stocks are soaring simply because companies own crypto exchange stocks (Woori Tech up 14%!). Is Korea experiencing 2021 crypto fever again? 📈
- The US Treasury’s financial inclusion plan barely mentions crypto except as a risk. Isn’t the US already supposed to be pro-crypto? 🤔
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Now, let’s dive in!
Bitcoin had everyone on the edge of their seats on Tuesday when it soared to $73,562, just $175 away from its all-time high.
The interesting part? The crypto community barely blinked an eye.
No meme storms, no Twitter hype, no threads. Continue as usual.
Maybe it’s because the market is growing. When you see Bitcoin hovering around $70,000 for weeks, another high number might not make your heart race like it used to.
If no one is really excited, how does the price peak? Read the full story!
A new stablecoin just hit Solana, and it does something different.
sUSD is not just another digital dollar: it is backed by US Treasuries and automatically pays you interest on USDC.
The interesting part? You can get started with just $5. That’s right: Government bonds, traditionally a playground for the rich, are now available to anyone with a few dollars in savings.
Most stablecoins just sit there, doing nothing. But sUSD functions more like a savings account, quietly earning you returns while you hold it. What if you ever need to get your USDC back? No waiting period – just instant trades.
What is APY? And how can you bet it? Read the full story!
Have you ever seen loyalty points expire before you can use them? Or have you found yourself with a wallet full of rewards that you can never use? Circle and HKT are poised to be game changers in Hong Kong.
The company behind USDC has just partnered with Hong Kong tech giant HKT. Their mission? Turn those dusty loyalty programs into something you’ll actually want to use.
Why only Hong Kong? Will he expand this program globally? Read the full story!
Bitcoin’s latest rally isn’t just making crypto traders happy: it’s lighting up the Korean stock market.
Companies with even a hint of a crypto connection are seeing their stocks soar.
Take Woori Technology: their shares jumped 14% in a single day. For what? They own part of Upbit, one of the largest crypto exchanges in Korea.
Are Korean companies investing so much in crypto? Read the full story!
The US Treasury just released its big plan for financial inclusion, and there’s something weird about it.
Despite the growing role of crypto in finance, the Treasury only mentions it as a risk to watch.
It’s an interesting position, especially when you look at what’s actually happening in the crypto space. While Treasury focuses on traditional banking solutions, millions of people around the world are already using crypto to access financial services they previously couldn’t.
So what’s going on? Isn’t the US already supposed to be pro-crypto? Read the full story!
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