Today’s Highlights in Crypto
Do you want the latest updates from the world of cryptocurrencies? Here’s a roundup of today’s critical news involving Bitcoin prices, blockchain developments, DeFi trends, NFTs, and regulatory changes.
Nasdaq’s Commitment to Tokenized Stocks
The Nasdaq stock exchange has prioritized obtaining SEC approval for its tokenized stocks proposal. Nasdaq’s crypto chief, Matt Savarese stated, “We’ll just move as fast as we can.” He expressed hopes to collaborate with the SEC swiftly regarding any inquiries.
Major Token Unlock at Hyperliquid
The Hyperliquid DEX revealed the unlocking of 1.75 million HYPE tokens, equating to over $60.4 million, tied to its anniversary. Developer iliensinc confirmed, “Today, 1.75 million tokens were distributed to different team members.”
Source: iliensinc
Bitcoin’s Market Position
According to market analysis, Bitcoin is likely establishing a short-term bottom with prospects for a rally towards $100,000-$110,000. Trader Mister Crypto noted signs of stabilization in BTC’s short-term structure and cited indicators suggesting larger traders are initiating long positions even as market sentiment is notably pessimistic.
Bitcoin price performance after Thanksgiving
For further breakdown, feel free to explore the articles linked above.
