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#CryptoMarketWatch 1️⃣ Market Sentiment: Extreme Fear
The Crypto Fear and Greed Index has dropped to 20, signaling a period of "extreme fear" among investors as market volatility continues.
2️⃣ Gold Market: Historic Milestone
International gold prices have officially broken through the $5,000 per ounce mark, hitting a new all-time high as investors seek "safe-haven" assets.
3️⃣ Japanese Market: Crypto ETF Expansion
Japan is signaling a major shift, with plans to potentially lift the ban on Spot Crypto ETFs by 2028. Major firms like SBI and Nomura are already preparing related financial products.
4️⃣ Industry News: Entropy Shutdown
Entropy, the a16z-backed decentralized custody startup, has announced it is shutting down operations. The company has committed to a full refund for its investors.
5️⃣ Regulatory Developments: US Clarity
The United States is entering a new phase of clear crypto regulation. If the Market Structure Act passes, it is expected to provide much-needed predictability for the industry and better protection for retail investors.
Would you like me to create a caption for social media (Twitter/X or LinkedIn) based on this report?