In keeping with on-chain information, 50,600 Ethereum (roughly $181 million) was transferred from Justin Solar’s cryptocurrency trade HTX to Binance at this time.
These ETH have been first withdrawn from the Aave protocol by the HTX Restoration pockets, then transferred to HTX’s scorching pockets, and eventually despatched to Binance. A complete of 160,600 ETH (roughly $518 million) was transferred from HTX to Binance by way of this methodology over the previous week.
As we speak additionally marked a primary in cryptocurrency market historical past: The overall market capitalization of all crypto belongings surpassed $4 trillion for the primary time, breaking a file. Bitcoin (BTC) and Ethereum (ETH) accounted for over 70% of this worth. Rising investor curiosity and regulatory victories within the US performed a major position on this surge.
In keeping with CoinGecko information, Bitcoin rose 1.4% within the final 24 hours, reaching $120,336, whereas Ethereum gained 6.4%, reaching $3,647. BTC’s market capitalization reached $2.39 trillion and ETH’s reached $440.4 billion. Nevertheless, each belongings have since retreated considerably, with BTC at present buying and selling at $118,172 and ETH at $3,556.
Simply forward of this historic surge, the US Congress on Thursday accepted two vital items of laws which have resonated closely within the crypto world: the GENIUS Act, which gives the primary federal framework for stablecoins within the nation, and the CLARITY Act, which gives authorized groundwork for broader crypto belongings.
*This isn’t funding recommendation.
