BITPRISMIA
The Turkish Lira has seen its biggest one day fall yet, down more than 10% on Wednesday from 2.7 cent to the dollar, to 2.5 cent with it currently trading at just below 2.6 cents.
Affin Bank, one of the biggest in Malaysia with $25 billion in assets, has partnered with Halogen Capital to distribute the Halogen Shariah Defensive Bitcoin Fund.
MicroStrategy has announced a new $21 billion stocks for bitcoin program as it continues to suck in tradfi demand.
Bitcoin recovers amid a fairly chaotic week that sees a clash between crypto related positive policy developments and uncertainty in the wider economy.
The German stock index, DAX, is up more than 10% in the past eight weeks while the British FTSE100 broke out of an eight months long range to rise from 8,200 to above 8,700.
A 41-metre superyacht was bought in crypto for 2027 delivery the broker, Denison Yachting, said in one of the first sale of its kind.
Ethereum has attracted some small inflows for the past two days, $19 million on Wednesday and $4.6 million on Tuesday.
Inflation has come slightly above expectations for January at 3%, when analysts were hoping it stays still at 2.9%, same as for December.
Non-farm payrolls for January came in at +143,000 vs the expected +170,000, sending the dollar index into a typical yoyo.
Ethereum is getting slightly bigger blocks as stakers have signaled to increase capacity from 30 million gas units to 36 million per block.