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Czech Central Bank to pursue studying Bitcoin reserves despite ECB opposition

Following recent reports, the CNB officially started a push to establish a Bitcoin reserve.

CryptoSlate

Jan 31

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Happy Friday!

Today's crypto headlines are packed with intrigue: the Czech Central Bank is pushing to study Bitcoin reserves despite ECB opposition, while Ripple's RLUSD stablecoin has skyrocketed past $3 trillion in trading volume, making waves as the fourth-largest stablecoin. Grayscale is making moves to convert its XRP holdings into an ETF, managing $16 million in assets, and in a surprising twist, Sam Bankman-Fried's parents are reportedly seeking a Trump pardon for their son, echoing the case of Ross Ulbricht but facing significant hurdles. Stay tuned for more updates!

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The global crypto market cap is $3.62 trillion, with a 24-hour volume of $103.76 billion. The price of Bitcoin is $105,481.00, and BTC market dominance is 57.8%. The price of Ethereum is $3,403.14, and ETH market dominance is 11.3%. The best-performing sector is Liquid Staking, which gained 10%. The Crypto Fear & Greed Index is currently Greed (76).