Bitcoin Holds $79K While Coinbase Goes Dark & Kraken Drops $600M | Crypto Morning Recap
Bitcoin is holding near $79,000, Coinbase went dark for hours after an AWS outage, and Kraken just dropped $600 million to build the future of stablecoin payments. Here's your full 24-hour crypto market breakdown — no hype, just the facts.
Spot Bitcoin ETFs pulled in over $500 million in fresh inflows despite price softness. Total crypto market cap stayed just above $2.4 trillion. Coinbase's outage froze dashboards and delayed orders for traders — and in the same news cycle, announced 700 job cuts tied to AI restructuring. Kraken's parent Payward acquired Reap Technologies to accelerate stablecoin payment infrastructure. Twenty One Shares launched the first U.S. ETF on the Canton Network token. XRPL linked with JPMorgan, Mastercard, and Ondo Finance in a cross-border settlement pilot with XRP metrics at 2021 highs. Ethereum near $2,280. Solana around $88.
The pattern is clear: infrastructure and real utility are what separate the winners from the noise.
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⚠️ Educational content only. Not financial advice. Crypto is volatile — DYOR.
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