A CoinLedger report examined the top five most-bought small/mid-cap cryptocurrencies and the most sold digital assets this year. 2024 has ushered hundreds of billions of dollars into the cryptocurrency markets. Data shows that the digital asset industry has grown over 44% year-to-date (YTD) and has the potential to surpass the $3 trillion peak set in
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Microstrategy, the world’s largest corporate holder of Bitcoins, witnessed its MSTR share price surging by 15% on Monday’s trading session and giving a close at $1,611. This rally follows the Bitcoin price pump to $65,000 as BTC registers double-digital gains just over the last three trading sessions.
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ETH exchange traded-funds issuers were told by the SEC that funds can start trading July 23, according to sources. The SEC had no further comments on the recently submitted S-1s and the final versions needs to be submitted by Wednesday. ETH outperformed BTC on Monday, on the news of potential ETF trading approval. Prospective issuers
BlackRock’s Larry Fink said bitcoin is a legitimate financial asset that everybody should hold. This comes as the asset manager on Monday posted better-than-expected second quarter earnings. BlackRock’s iShares Bitcoin Trust (IBIT) added $4 billion in assets during the quarter. BlackRock (BLK) CEO Larry Fink reiterated his belief that Bitcoin (BTC) is an asset that
Elon Musk, the owner of the popular social media platform X, has published a new post that triggered a reaction from many X users, including the global cryptocurrency community, and the XRP and SHIB armies in particular. Elon Musk triggers XRP army Musk published a short video with the X logo earlier today, perhaps to
In a recent litigation filed by the SEC against Consensys, the Securities and Exchange Commission has clarified its stance on the classification of several prominent cryptocurrencies as securities. These include Terra Luna Classic (LUNA), Polygon (MATIC), The Sandbox (SAND), Chiliz (CHZ), and Decentrland (MANA). This legal action underscores the SEC’s contention that these digital assets
Nate Geraci, president of ETF Store, predicts the imminent approval of the spot Ethereum (ETH) exchange-traded fund (ETF). Analysts and industry leaders, including Matt Hougan from Bitwise Asset Management, have echoed Geraci’s optimism. They believe the approval could drive substantial interest and investment in Ethereum, potentially reshaping the market and broader crypto industry. Industry Experts
China is rumored to reconsider its Bitcoin ban by Q4 2024, potentially signaling a policy shift in its stance on cryptocurrencies. Since 2013, China’s bans on crypto have included prohibiting financial institutions from Bitcoin transactions, ICO bans, and shutting down exchanges. If China lifts its crypto ban, global crypto markets could see a significant boost
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