AGP Executive Report
Last update: 12 hours agoMarket Sell-off: Bitcoin slid below $81,000 after U.S. inflation rose to 3.7%, reviving rate-hike concerns and triggering roughly $483 million in Bitcoin and Ether futures liquidations. Ether Leverage: Ether fell near $2,350, with long positions hit especially hard in its biggest hourly liquidation event in six months. XRP Ledger: Ripple’s validator backed the Sponsored Fees and Reserves amendment, which would let organizations cover users’ transaction costs; activation still needs broader validator support over two weeks. Institutional Access: Standard Chartered opened Bitcoin and Ether trading to eligible professional investors in the UAE through their bank accounts, with custody and settlement handled within the bank’s system. Mining onchain: BitFuFu and Finloop launched HASH, a tokenized note offering eligible investors exposure to Bitcoin-denominated returns from mining. Wallet Security: Ledger urged buyers of affected CryptoBilis devices to stop using them and move funds to fresh hardware after an implant was linked to estimated losses of $86 million to $93 million.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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