What Happened In Crypto Today: 21Shares ETF filing, Trump vs Lisa cook

The total crypto market capitalization is currently at $3.95 trillion, up by 0.1% over the past 24 hours. The total trading volume exceeded $136 billion, with Bitcoin dominance at 56.4% and Ethereum at 13.6%. The cryptocurrencies tracked till now are 18448.

Latest Crypto Events Today

Source: Forex Factory

24 Hour Market Update

Bitcoin is currently priced at $111,553, exhibiting stability with no notable fluctuations over the last 24 hours. With a market cap of $2.23 trillion and a massive $33.87B in trading volume. Bitcoin is currently dominating at 56.4%.

Top Trending coins: Pyth Network (PYTH) leads trending coins at $0.2365, up 104.3%, with a $1.8 billion trading volume. Chainlink (LINK) rose 2.3% to $24.35 with $2.61 billion TV, while Cronos (CRO) gained 4.9% to $0.3237, trading at 2.3 billion.

Top 3 Crypto Gainers: UChain (UCN) surging 773.2% to $357.18 with a trading volume of $1.6 million. Pyth Network (PYTH) rose 102.8% to $0.2357, recording a massive $1.86 billion in trading volume. Neon (NEON) gained 50.7% to $0.17, with a trading volume of around $18.7 million, marking strong market momentum.

Top 3 Crypto Losers: Multibank Group (MBG), down 22% at $1.79 with a trading volume of about $32.2 million. iExec RLC (RLC) dropped 15.8% to $1.28, recording nearly $116.8 million in trades. Meanwhile, Wilder World (WILD) fell 17.1% to $0.25, with a trading volume of around $4.5 million.

The stablecoin market cap is $285 billion, slightly changed by 0.5% positively. With a 24-hour TV $93.98 billion, it provides liquidity and security in times of volatility.

The current Defi market cap is at $165 billion, up by 0.7% over the past 24 hours. Daily trading volume is at about $12.01billion, with DeFi contributing 4.2% of the total market activity.

Fear and Greed Index Today

Source: Alternative Me

The crypto industry is balanced today at 50, showing no extreme fear or greed. However, sentiment has cooled down from last month’s strong optimism (Greed at 74).

Latest Market News Today

21Shares has submitted an S-1 filing to the U.S. SEC for its proposed 21Shares SEI ETF, designed to track the price of the SEI token. The fund will also strive to create staking rewards where the regulations permit. The SEI holdings will be secured by Coinbase Custody, and authorized participants will be able to redeem or create ETF shares by transferring cash or in-kind.

During the BNBDay Fireside Chat in Tokyo, Binance founder CZ talked about the future of Web3, emphasizing that he believed that decentralized exchanges would outperform centralized ones. He disclosed that he has a huge amount of $BNB and tremendous prospects in AI, real-world assets, and stablecoins. Praising Japan’s strong developer ecosystem, he urged builders to create value-driven projects, calling DeFi and RWA key growth areas.

Fed Governor Lisa Cook has sued President Trump after he issued an unprecedented Executive Order “firing” her over alleged mortgage fraud. A judge has set a hearing for Friday, marking the first legal battle over a president Trump to remove a Fed Governor . The outcome could reshape Fed independence and Trump’s push for aggressive rate cuts.

One of the whales on Hyperliquid is reported to have deposited $10M USDC in four wallets to go long on $XPL, with an aim of liquidating shorts. The action propelled XPL by 16.49% within 24 hours, which casts doubt on manipulation. This coincides with new rules of CFTC permitting offshore exchanges by U.S. traders, which provoked the discussion of the fairness and volatility of the market.

Metaplanet has indicated that it will raise $880 million to buy Bitcoin . The relocation solidifies the company's increasing reputation as a large corporate Bitcoin investor, after its prior crypto acquisitions, and indicates deep institutional belief in the long-term value of Bitcoin.

Disclaimer: Coingabbar provides informational content on cryptocurrencies, NFTs, and other decentralised assets. This is not financial advice. Users, please DYOR, understand the risks, and consult financial professionals before investing. CoinGabbar is not responsible for any financial losses. Crypto and NFTs are highly volatile—invest wisely.