Bitcoin hits 1-year high but signals potential correction.
Bitcoin has dropped 3% from its one-year high of $31,300, currently trading at $30,300. The recent rally was triggered by BlackRock's filing to launch a spot bitcoin ETF, leading to speculation of further institutional investment. NEAR Protocol's NEAR token is up 10% after announcing a partnership with Alibaba Cloud. ProShares' Bitcoin Strategy ETF recorded its highest weekly inflow in over a year, with investors pouring $65 million into the fund. Belgium's regulator has ordered Binance to cease serving local customers due to violations of a prohibition.