PDAXScope: Altseason index hits a new high this year

Altseason index hits highest level this year: Here’s what traders think (FXStreet)

The crypto market is buzzing as the "altseason" index hits a new high for the year, signaling that altcoins are outperforming Bitcoin. Crypto traders are taking a more “risk-on” approach, with some experts even speculating that altcoins are on the verge of a parabolic surge. 

Bitcoin Holds Near $114K as US Inflation Rises to 2.9% (Decrypt)

Bitcoin's price is holding near $114,000 despite a rise in US inflation to 2.9%. The stability is supported by significant inflows into US spot Bitcoin ETFs, suggesting strong institutional interest. Analysts believe the upcoming FOMC meeting will be the next major driver for the market, overshadowing the inflation report.

Nasdaq Seeks Rule Change With SEC to Trade Tokenized Stocks (Bloomberg)

Nasdaq has asked the SEC for approval to trade tokenized stocks on its exchange, which would be a major test of blockchain technology in traditional financial markets. This move aims to integrate the technology to offer benefits like faster settlements and 24/7 trading.

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