Hong Kong Greenlights First Crypto ETFs Amidst Major Crypto Ecosystem Strides
April 22, 2024Hong Kong has approved its first Bitcoin and Ethereum ETFs, signifying an important advance in cryptocurrency acceptance within its financial systems.
Ethereum's DeFi sector is experiencing a revival, with over 100 billion dollars in total value locked, highlighting growing interest and investment in decentralized finance.
Binance has solidified its position as a leading force in the crypto market, now controlling a 50% market share.
Solana implemented a critical update designed to reduce network congestion, which aims to enhance transaction reliability and the developer experience.
The recent Bitcoin halving event has cut miner rewards in half, an occurrence historically associated with the start of a bullish trend for the cryptocurrency's value.
The new Runes protocol has led to increased congestion on the Bitcoin network, demonstrating the growing pains of scaling and innovation.
XRP's dramatic 1,500% increase over seven years signals a strong recovery and potential for future growth in the cryptocurrency market.
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Cointribune • Apr 22, 2024
Bitcoin, Binance, Ethereum, Solana and Ripple: The biggest crypto news from last week