Crypto Markets Dip Ahead of FOMC as ETFs See Strong Inflows
Crypto Markets Dip Ahead of FOMC as ETFs See Strong Inflows
馃毃 FOMC Fears Hit
Major cryptocurrencies declined 1-4% ahead of the Federal Reserve's FOMC meeting, with Bitcoin at $111k, Ethereum at $3,965, and Solana at $195.
ETF activity remained robust despite market weakness:
- BTC ETFs attracted $149.3M in inflows
- ETH ETFs saw even stronger $246M in inflows
- Bitwise SOL ETF broke 2025 launch day volume records
Key platform launches and updates:
- MyriadMarkets launched on BNB Chain with automated markets
- MetaMask introduced S1 rewards program worth $30M
- Circle's Arc blockchain entered testnet phase
- Trump Media launched Truth Predict prediction market
Notable developments:
- Western Union announced stablecoin payments on Solana
- Monad began its 3-day airdrop campaign
- Doodles partnered with Universal Monsters for Telegram drop
- MegaETH ICO surpassed $700M with one day remaining
Unusual news: Indiana police recovered 1,000 stolen Bitcoin miners alongside $75K worth of frozen turkeys in an unexpected bust.
Hot coins gaining attention include NEO and TRUMP tokens.
What's new? 馃敼Crypto majors down 1-2%; BTC - $115.5k, ETH - $4.3k, SOL - $200 馃敼BTC ETFs see $149.3M in net inflows while ETH sees $133.9M in inflows 馃敼Bitwise to launch BSOL ETF today 馃敼Democrats for crypto trading/creation to be banned for elected officials 馃敼@megaeth_labs
What's new? 馃敼Crypto majors very red; BTC - $106.5k, ETH - $3.8k, SOL - $183 馃敼Gold hits another ATH of $4.4k 馃敼BTC ETFs see biggest outflows since August with $531M 馃敼Charles Schwab plans to launch crypto custody in H1 2026 馃敼@yeet crosses $700M in wagered volume
What's new? 馃敼Crypto majors down 1-4% ahead of FOMC; BTC - $111k, ETH - $3,965, SOL - $195 馃敼BTC ETFs see $149.3M in inflows while ETH sees $246M in inflows 馃敼@MyriadMarkets launches on BNB with BNB markets + 5 minute automated markets 馃敼@doodles announces a spooky Telegram drop
Major Crypto News Roundup - March 5, 2025
- US government signals potential tariff relief for Mexico & Canada, driving major cryptocurrencies up 6-10% - Cantor Fitzgerald CEO Lutnick reveals Trump's upcoming Bitcoin Reserve announcement, with distinct treatment planned for other cryptocurrencies - Reddit co-founder expresses interest in TikTok acquisition, proposing blockchain integration - AVAX ecosystem sees new token $Blub reach $100M fully diluted valuation at launch - Mexican billionaire Ricardo Salinas moves 70% of portfolio ($3.5B+) into Bitcoin - USDC makes history as Japan's first approved stablecoin
Web3 Daily Digest - February 20, 2025
Key developments in the web3 space today: - **Kaito Token Launch**: Successfully debuted with $1.5B fully diluted valuation in early trading - **Virtuals Platform**: Introduced foundation for autonomous agent-based economy, marking a significant step in AI-web3 integration - **Memeland Updates**: Revealed new roadmap featuring MemePay and Meme Strategy initiatives - **Monad Progress**: Testnet now live, featuring Fantasy Top's free-to-play game launch Recent Context: - FTX initiates $1.2B repayment to small claim holders - Charles Schwab establishes Head of Digital Assets role - Michael Saylor's firm plans $2B Bitcoin acquisition [Full details available at LuckyTrader](https://newsletter.luckytrader.com)
BlackRock CEO Larry Fink: Crypto's Role is Digitizing Gold
Key market updates for December 21, 2024: - $HYPE token reaches $9B market capitalization, continuing its upward trend - Ripple announces $5M XRP donation to Trump's inaugural fund according to Fox - *BlackRock CEO Larry Fink frames crypto as digital gold alternative* - MetaMask expands pilot testing of crypto payment card across US markets This follows recent developments including Bitcoin's new ATH of $106.6k and significant movements in the memecoin sector. MetaMask's payment card expansion signals growing mainstream adoption of crypto payment solutions.