🔥 Key Takeaways
- Bitcoin (BTC) experienced its first dip in 2026, dropping 2% to $92k.
- Morgan Stanley filed for BTC, ETH, and SOL ETFs, signaling institutional interest.
- The U.S. Senate Banking Committee scheduled a key vote on crypto market-structure legislation.
- Ethereum network usage hit a record with over 2 million daily transactions.
- Hyperliquid’s progress map sparked speculation of an upcoming airdrop.
- Nike sold off RTFKT, causing Clone X NFT prices to surge 250%.
- Telegram revealed it sold $450M worth of TON tokens last year.
Crypto Market Sees First Dip of 2026 Amid ETF Filings and Regulatory Developments
In a surprising turn of events, the cryptocurrency market experienced its first notable dip in 2026, with Bitcoin (BTC) falling 2% to $92,000. Ethereum (ETH) and Solana (SOL) also saw minor declines, dropping 1% to $3,210 and $138, respectively. XRP faced a sharper drop of 5%, settling at $2.24. This dip marks a momentary pause in the otherwise bullish trend that has dominated the crypto space this year.
Morgan Stanley Files for BTC, ETH, and SOL ETFs
Adding fuel to the institutional adoption fire, Morgan Stanley has filed for ETFs tracking Bitcoin, Ethereum, and Solana. This move underscores the growing mainstream acceptance of cryptocurrencies and could pave the way for increased liquidity and investor participation in the market. The filings are expected to undergo regulatory scrutiny, but their existence alone is a significant milestone for the industry.
U.S. Senate Schedules Key Vote on Crypto Market-Structure Bill
The U.S. Senate Banking Committee has scheduled a pivotal vote on the crypto market-structure bill for next week. This legislation aims to provide clearer regulatory frameworks for cryptocurrencies, potentially fostering innovation while ensuring investor protection. The outcome of this vote could have far-reaching implications for the crypto ecosystem, influencing everything from market stability to institutional involvement.
Ethereum Network Hits Record Daily Transactions
The Ethereum network continues to demonstrate its robustness, hitting a record of over 2 million daily transactions. This milestone highlights Ethereum’s dominance in decentralized applications (dApps) and smart contracts, further solidifying its position as a cornerstone of the blockchain ecosystem. Increased network usage also underscores the growing demand for decentralized solutions across various industries.
Hyperliquid Progress Map Sparks Airdrop Speculation
Hyperliquid’s recent release of a progress map has ignited speculation about an upcoming airdrop. While details remain scarce, the community is abuzz with anticipation, drawing parallels to previous successful airdrops that have rewarded early adopters. If confirmed, this event could attract significant attention and drive engagement on the platform.
Nike Sells RTFKT; Clone X NFTs Surge 250%
In a surprising move, Nike announced it has sold off RTFKT, its digital fashion and NFT arm. Following this announcement, Clone X NFTs, a prominent project under RTFKT, saw a staggering 250% price increase. This surge reflects the continued interest in digital collectibles and the potential for NFTs to reshape the fashion and entertainment industries.
Telegram Sells $450M Worth of TON Tokens
Telegram disclosed that it sold $450 million worth of TON (The Open Network) tokens over the past year. This revelation sheds light on the messaging giant’s strategic focus on blockchain technology and its efforts to monetize its digital assets. The TON ecosystem continues to evolve, attracting developers and users alike.