The $53 billion göğüs coin sector rose by more than 12% on Tuesday with the likes of pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, veri from CoinGecko shows.
Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy.
The aggregate market cap of 14 tracked bitcoin miners listed in the U.S. rose 29% since the end of June, the report noted.
Last week, Kraken announced an equivalent deal with Spanish soccer team Atlético Madrid, meaning the company now has a presence in both England’s Premier League and Spain’s La Liga.
The latest price moves in crypto markets in context for July 16, 2024.
SOL’s months-long triangular price consolidation could bring good news for the bulls.
In March, a U.K. judge ruled that Wright was not, as he had claimed, the creator of bitcoin.
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs’ net inflows, and may disappoint due to other factors such as the lack of staking, the report said.
One observer said the movement of coins was likely a part of the exchange’s creditor reimbursement plan.
Investors’ focus on ether is evident from ETH’s sustained volatility premium over BTC.
