Wednesday! Investors are rotating into major altcoins as crypto rebounds
Crypto market cap excluding bitcoin has risen by nearly $100 billion since April, with investors rotating into major altcoins, according to analysis from Bernstein.
Bernstein analysts highlighted three factors contributing to ETH's recent price surge.
The Ethereum Foundation has unveiled the "Trillion Dollar Security" initiative.
Bitwise CIO Matt Hougan drew a comparison between the current crypto landscape and the internet bubble of 2004, arguing for a diversified crypto basket.
Synthetix contributors proposed a $27 million token swap to acquire decentralized options protocol Derive (formerly Lyra).
eToro, the crypto and equities trading platform, priced its Nasdaq IPO at $52, exceeding its own target and indicating strong investor appetite.
CFTC Commissioner Caroline Mersinger is set to depart the commission to become the CEO of the Blockchain Association.
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