CryptoHappenings

Why is Crypto Up or Down?

Crypto is up (+2.1%) — Top: NEAR +12.9%

Crypto markets traded higher on average (+2.0%) as bitcoin held key support levels ahead of this week’s US CPI release, keeping risk appetite intact and encouraging traders to add exposure rather than de-risk. The strongest upside was concentrated in higher-beta layer-1 names, with NEAR and Avalanche outperforming as investors leaned into liquid altcoins during the broad rebound. In the background, headlines ranging from South Korea’s first bank loans backed by bitcoin to global watchdog calls for tighter cross-border coordination on stablecoins reinforced the theme of maturing market infrastructure, while the “wallet drainer” SHIB airdrop warning served as a reminder that idiosyncratic scam risk remains even in an improving tape.

44 moves · 20 sources · Last 24h · 31 up / 13 down

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12:01 Evernorth names former Coinbase investment exec to steer 473 million XRP treasury ahead of Nasdaq debut XRP The Block 11:25 Fake Shiba Inu (SHIB) Alert: Viral Airdrop Exposed as 'Wallet Drainer' by Veteran SHIB U.Today 11:14 BTC price support holds ahead of US CPI data: Three things Bitcoin traders need to know this week BTC Cointelegraph 11:02 Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis CoinDesk 11:00 LBank at 11: Eric He on Building an Exchange for More Than One Market Cycle Bitcoinist 10:57 South Korea just got its first traditional bank loans backed by bitcoin BTC CoinDesk 10:10 Morgan Stanley expects to support tokenized equities in Q1 2027, digital asset strategy head says The Block 09:21 Wall Street Backed Blockchain Canton Network Expands Presence in South Korea CoinGape
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