Cryptocurrency Summary

Bitcoin's price dipped below $88,000, with analysts attributing the decline to nervousness surrounding the Federal Open Market Committee meeting, according to Cointelegraph. Meanwhile, JPMorgan's CEO remarked on the bank's neutrality in debanking practices, stating, 'We debank Democrats, we debank Republicans.' In other news, Robinhood is setting its sights on Indonesia, aiming to tap into a market of 17 million cryptocurrency traders.

Ethereum's co-founder, Vitalik Buterin, proposed the idea of gas futures to help hedge against spikes in transaction fees. Additionally, WisdomTree has introduced a new tokenized fund that implements an options income strategy on-chain.

Lastly, venture capital interest in the crypto sector has waned, with reports indicating a significant drop in funding despite the presence of substantial capital available.