Bitcoin ETFs pull in $532M as BTC reclaims $80K amid ‘post-ceasefire recovery’
Bitcoin surged past $80,000 as spot ETFs attracted $532 million in Monday inflows, led by BlackRock's IBIT with $335.49 million. The rally follows US-Iran ceasefire agreement and improved risk sentiment. Analysts note crypto now trades on macro events and liquidity structure, with Fed policy and Non-Farm Payrolls data key catalysts ahead. Ether ETFs also rebounded with $61.29 million inflows.
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One bank after another scraps Fed rate-cut forecasts. Bitcoin doesn't care.
Major banks abandoned Fed rate-cut forecasts, yet Bitcoin surged past $80,000, suggesting macro headwinds are losing influence. BTC now trades as inflation hedge despite higher-for-longer rates. Technical resistance at $81,500 and $84,000 CME gap remain critical. Altcoins show selective strength. Market sentiment sits neutral at Fear-Greed midpoint, signaling potential turning point for Indian crypto investors monitoring global momentum shifts.
UAE free zone launches blockchain-based business IDs for registered firms
UAE's Innovation City has launched blockchain-based digital business IDs for over 1,000 registered firms using OPN Chain. Companies receive cryptographically verifiable onchain credentials to streamline verification and reduce intermediaries. The system shifts business licenses from static PDFs to dynamic assets, representing a significant test case for blockchain-native corporate identity frameworks, though external institutional adoption remains uncertain.
Bitcoin tops $80,000 as altcoins rally and risk appetite returns
Bitcoin surged above $80,000 during Asia trading Tuesday, with altcoins outperforming as risk appetite returned. Ether lagged at $2,370, while DeFi tokens and TON rallied strongly. Derivatives show selective positioning rather than broad-based euphoria, with record ADA futures interest and TON's 28% surge after Telegram's backing announcement signaling renewed investor confidence in speculative crypto bets.