BlackRock's IBIT Enters Top 20 ETFs by Assets, Sees Biggest Inflow Since Mid-August

At the opening of the US stock market, the Dow Jones Industrial Average rose 20 points, the Nasdaq rose 127 points, and the S&P 500 index rose 0.3%.

[JPMorgan Predicts Bitcoin Could Rise to $165,000] JPMorgan analysts believe that if Bitcoin's market performance aligns with that of gold, its price could reach $165,000. This prediction is based on gold's recent record-breaking performance.

[Moonbirds Announces Launch of birb Token on Solana] Odaily Planet Daily reported that Moonbirds posted on the X platform, stating that it will launch the birb token on Solana.

[Coinbase Supports New York Pilot Program, Distributing $12,000 USDC to 160 Young People] The "Future First" pilot program, funded by Coinbase and managed by the nonprofit organization GiveDirectly, has launched in New York. The program aims to evaluate the feasibility of providing direct economic aid through cryptocurrency. Targeting low-income residents aged 18 to 30, 160 participants were selected via a lottery, with each receiving a total of $12,000 USDC. The funds will be distributed as follows: an initial payment of $8,000, followed by five subsequent payments of $800 each. Coinbase has provided $2.6 million in seed funding to support this innovative aid model.

A wave of ETF inflows, gold’s strength, and bullish derivatives positioning fueled a sharp rally, while Plasma’s XPL token faced scrutiny over insider sales claims.