Global #crypto market

In a move that underscores the increasing interest in cryptocurrency among Russian financial institutions, several leading banks are reportedly keen to join the Central Bank's pilot program aimed at exploring crypto technologies.

Wall Street is gearing up for a pivotal week as corporate earnings reports and retail sales data take center stage. Investors are eager for more signs of the U.S. economy's strength following recent equity market gains.

As of Saturday, October 12, the total cryptocurrency market capitalization has surged by 2% over the past 24 hours, reaching approximately $2.28 trillion during the early European session.

Celestia (TIA) has shown impressive resilience over the past week, bouncing back strongly from an early October downturn. The token is currently leading the crypto market's recovery on the daily timeframe, indicating a potential continuation of its bullish momentum as the month progresses.

21Shares, a pioneer in cryptocurrency exchange-traded products (ETPs), has expanded its European offerings with the launch of the Future of Crypto Index ETP (FUTR).

The crypto market has witnessed a significant shift as traditional hedge funds increasingly embrace digital assets. A recent report by the Alternative Investment Management Association (AIMA) and PwC reveals that nearly half of hedge funds in traditional markets are now involved in cryptocurrencies.