The world of cryptocurrency is constantly evolving, with new developments and trends emerging every day. In this article, we will delve into the latest news and insights from the industry, exploring the current state of the market and what the future may hold.

Firstly, Bitcoin (BTC) has once again broken through the $66,000 barrier, with its dominance in the market on the rise. However, the Fear and Greed index has hit a three-month low, indicating a cautious sentiment among investors. Despite this, whales (large investors) continue to accumulate BTC, and miners are 33 days into a capitulation phase, which historically lasts around 41 days.

Interestingly, financial advisors at BlackRock are not yet buying BTC, and crypto funds saw outflows of $600 million last week. However, the ZKsync airdrop has gone live, with a valuation of $5 billion, and the project has implemented measures to defend against sybil attacks. Low float, high fully diluted value (FDV) coins have been hammered again, highlighting the risks associated with these assets.

In other news, Tether has launched a product backed by gold, and Korean exchanges are reviewing 600 coins for delisting. The ETH ETF has seen a "sell the rumor, buy the news" event, with BTC ETF basis buyers making up roughly 15% of demand. CVX has bounced 100% after a loan liquidation, and TON has seen the fastest user growth in crypto history.

Looking ahead, APT may flip SOL in 1-3 years, according to Hayes, and crypto lifetime funding has eclipsed $100 billion. However, the SEC claims that the $876 million Ripple fine is still fair, and Gensler's actions could cost Biden the election, according to Cuban.

Overall, the cryptocurrency landscape is complex and constantly evolving. As the industry continues to mature, it is likely that we will see new trends and developments emerge. By staying informed and up-to-date on the latest news and insights, investors can make informed decisions and stay ahead of the curve.