Bitcoin at $95,480!

The Fear & Greed Index is at 64 – Greed, signaling increasing optimism as institutional demand continues to rise.

Animoca Brands highlights tokenization, AI, and Web3 gaming at Token2049

At Token2049, Animoca Brands laid out key crypto trends they’re exploring for future investment.

• CEO Omar Elissar pointed to tokenized real-world assets, AI-Krypto crossovers, DeSci, and Web3 gaming as top areas of focus.
• “Gaming is part of our DNA,” said Elissar, noting recent releases show real fun – something Web3 gaming lacked before.
• Animoca is also working with Sony on an anime-based digital ID system and co-developing a HKD-backed stablecoin with Standard Chartered and HKT.

Tether CEO says MiCA is harmful – no license for USDT in the EU

Tether’s Paolo Ardoino criticized the EU’s new MiCA framework, saying it threatens stablecoins and smaller banks.

• Tether won’t seek MiCA approval, citing risks from requirements like holding 60% of reserves in insured euro bank deposits.
• Ardoino said the ECB’s push for a digital euro is more about control than innovation.
• Exchanges like Kraken and Crypto.com are already delisting non-compliant stablecoins like USDT in Europe.

Strategy buys 15,355 BTC for $1.42B – holdings now over $50B

Michael Saylor’s firm added more Bitcoin as prices surged past $90K.

• Strategy now holds 553,555 BTC with a 2024 return of 13.7%, according to their latest investor update.
• Average BTC acquisition cost sits at $68,459 per coin.
• Saylor remains bullish: “You can still buy BTC for under $0.1M.” The firm aims for a 15% BTC yield this year and is approaching a $100B market cap.