$1M – $10M MarketCap:

1. Amulet Protocol (AMU): 25%
2. Serenity Shield (SERSH): 20%
3. Choise.com (CHO): 19%
4. VinuChain (VC): 17%
5. Dechat (DECHAT): 16%

$10M – $100M MarketCap:

1. Doland Tremp (TREMP): 53%
2. Karrat (KARRAT): 36%
3. catwifhat ($CWIF): 34%
4. SNAP ($NAP): 32%
5. Normie (NORMIE): 28%

$100M – $1B MarketCap:

1. Jeo Boden (BODEN): 60%
2. PUPS (PUPS): 45%
3. ConstitutionDAO (PEOPLE): 39%
4. Brett (BRETT): 37%
5. Mog Coin (MOG): 35%

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.

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CME Group, the world’s largest futures exchange, is preparing to enter Bitcoin trading, aligning itself with the increasing interest among Wall Street money managers in the cryptocurrency market. This strategic move reflects the convergence of traditional finance and digital assets, marking a significant step towards broader adoption of cryptocurrencies. According to reports, CME has been in discussions with traders eager to conduct Bitcoin transactions within a regulated framework, although the plan is yet to be finalized.

This development follows the U.S. Securities and Exchange Commission’s approval in January for stock market funds directly investing in Bitcoin, opening new opportunities for established financial institutions. CME Group’s expertise in navigating the volatile cryptocurrency trading ecosystem is evident, having already become the world’s largest Bitcoin futures market with approximately 26,000 open positions valued at around $8.5 billion. By entering the Bitcoin spot market, CME Group aims to provide a secure and regulated platform for institutional investors, enhancing its role as a key facilitator in the expanding world of cryptocurrency trading.

Financial Times

Millennium Management is long spot Bitcoin ETFs to the tune of $2 billion, underscoring strong institutional interest in cryptocurrencies. As detailed in the latest 13F-HR report to the SEC, this is the firm’s exposure in several funds: $844 million in BlackRock’s iShares Bitcoin Trust, $806 million in Fidelity’s Wise Origin Bitcoin Fund, and lesser amounts in other ETFs. The move comes in the wake of what is slowly beginning to be a rising trend, which involves financial heavyweights voting strongly for Bitcoin to be a part of regular portfolios.

Days earlier, the State of Wisconsin Investment Board filed such massive inroads into the same Bitcoin ETFs, showing broad acceptance of crypto assets among other investment bigwigs. This rise in 13F filings reflects an increase in institutional interest at a time when JPMorgan Chase and other firms have also engaged and entered as market makers. The investment wave underlines how basic the transition in the financial sector will be toward cryptocurrency. Since Bitcoin ETFs offer a regulated bridge for institutions to get exposure to digital currencies, a significant bet by Millennium on such instruments might signal another wave of crypto adoption by regular investors.

Data

Bitcoin mining, once a pursuit for tech enthusiasts with modest hardware has evolved into an industry dominated by large-scale operations with dedicated mining farms. Now many wonder “can you still mine bitcoin in 2024 without a substantial upfront capital investment?”

The answer, while nuanced, leans toward the affirmative, albeit with some significant caveats and considerations.

Bitcoin mining involves solving complex mathematical problems to validate transactions on the Bitcoin network. Successful miners are rewarded with newly minted bitcoin and transaction fees.

This process requires substantial computational power, provided by powerful hardware known as…

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