Bitcoin bulls seem unable to effect significant change on a sideways market — traders hope that macro data will upend the status quo for BTC price action.
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Nansen believes the crypto wallet already earned $200 million by holding ETH.
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Bitcoin is increasingly viewed as a retirement investment product by traditional investors, thanks to the approval of spot Bitcoin ETFs.
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$1M – 10M MarketCap:
- OrangeDX (O4DX): 51%
- K9 Finance DAO (KNINE): 27%
- Serenity Shield (SERSH): 21%
- Walken (WLKN): 20%
- Trex20 (TX20): 20%
$10M – $100M MarketCap:
- Everyworld (EVERY): 47%
- Geojam (JAM): 32%
- BOSagora (BOA): 31%
- Chappyz (CHAPZ): 20%
- BlockGames (BLOCK): 17%
$100M – $1B MarketCap:
- Stargate Finance (STG): 73%
- Bounce (AUCTION): 36%
- Amp (AMP): 8.2%
- Paycoin (PCI): 7.0%
- BitMart Token (BMX): 6.9%
Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
Join CryptoCrunchApp on Telegram Channels – Click to Join
Before the KYC change, Telegram Wallet users did not have to provide any personal information to use the default version of the wallet.
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Fidelity Investments’ spot ethereum ETF, Fidelity Ethereum FD Beneficial INT, has secured a spot on the Depository Trust and Clearing Corporation’s (DTCC) ETF list under the ticker FETH. Marked as not yet active, this addition aligns with DTCC’s standard practice for both operational and pre-launch ETFs, pending necessary approvals.
The inclusion follows the U.S. Securities and Exchange Commission’s recent preliminary nod to eight spot ether ETFs, involving giants like BlackRock and Grayscale. Although awaiting final approvals on their S-1 registration statements, these firms inch closer to launching fully operational funds.
With Fidelity’s amended S-1 already filed and BlackRock leading with its record-setting bitcoin ETF, the financial sector is poised to broaden its crypto offerings, signaling a growing acceptance and institutional confidence in cryptocurrency investments.
The fund had raised about 591 ETH at the time of this publication and will support the legal defense of Tornado Cash developers in their court battle to prove their innocence.
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Bitcoin ETF inflows show that the investors are using the current consolidation to accumulate.
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Senator Cynthia Lummis has emphasized the pivotal role of the cryptocurrency market in bolstering the US economy, cautioning against missing this crucial opportunity. Lummis, recognized for her proactive stance on cryptocurrency legislation, has noted significant progress, including the approval of Bitcoin and Ethereum ETFs and the advancement of multiple pro-crypto bills in Congress.
Recent efforts by lawmakers like Lummis and Senator Kirsten Gillibrand have led to increased crypto literacy in the Senate and the establishment of a financial innovation caucus. This educational push has contributed to successful legislative outcomes such as the bipartisan passage of the Financial Innovation and Technology for the 21st Century Act and the Senate’s decision to ease regulations for banks holding crypto.
With the US Presidential elections approaching, optimism remains high. The integration of digital assets like Bitcoin and Ethereum into the US economy is seen not just as a technological advancement but as a strategic economic necessity, reflecting a growing acceptance of their potential to stabilize and enrich the nation’s financial landscape.
Unsure if your crypto cashback rewards trigger tax obligations? Learn how to navigate them for stress-free crypto earning.
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