Uncategorized

Global crypto market hits $4 trillion, eclipses UK economy in size

The global crypto market capitalization has soared past $4 trillion for the first time, propelled by rising altcoin prices and an increasingly favorable regulatory landscape.On July 18, crypto data aggregator platform CoinGecko reported that the industry crossed the milestone during Asian trading hours. However, the total value had slightly dipped to $3.9 trillion as of…

Markets

‘Blood Rushing Back’ Into Crypto as XRP, Dogecoin Soar

In brief XRP and Dogecoin are leading altcoin rallies, with XRP up over 43% in a week, fueled by speculative capital. The U.S. House of Representatives passed three key crypto bills, advancing the Trump administration’s pro-crypto policy agenda. Analyst notes macroeconomic factors, including government spending and inflation fears, prompting investors towards crypto. Crypto prices have…

Business

Kraken Opens US Futures Trading as Congress Advances Landmark Crypto Bills

In brief Kraken has launched CME-based Bitcoin and Ethereum futures for U.S. traders. The new offering coincides with congressional approval of landmark digital asset bills during what Republicans have dubbed “Crypto Week.” The CFTC gains ground as a preferred regulator, raising hopes for clearer rules across the industry. Kraken launched a regulated crypto futures platform…

Uncategorized

BitMine and SharpLink amass $1B stash amid Ethereum’s rising appeal as ‘digital oil’

Ethereum-focused firms BitMine and SharpLink Gaming have each surpassed $1 billion in ETH holdings.BitMine disclosed on July 17 that it now holds 300,657 ETH, valued at approximately $1.04 billion. The firm acquired its holdings at an average price of $3,461.89 per token.Conversely, SharpLink Gaming has also expanded its Ethereum position, purchasing an additional $68.4 million…