TL;DR
- ethereum's popularity surged after the US SEC closed a particular investigation related to the asset and Pantera Capital announced plans to invest $100 million in a spot eth ETF.
- Other recently trending cryptocurrencies include the Trump-themed DJT token, ENS, and Fetch.ai (FET), which saw a 30% price surge.
Attract the most attention
The Santiment crypto market intelligence platform x.com/santimentfeed/status/1803578756780662839″ data-wpel-link=”external” target=”_blank”>revealed that ethereum (eth) has witnessed the larger Trader interest has increased lately.
The second largest cryptocurrency in terms of Market cap could be trending due to US SEC actions earlier this week, regulator informed There is consensus that willpower will close its investigation into ethereum 2.0, meaning it will not bring charges that eth sales are securities transactions.
“The closure of the ethereum investigation is momentous, but it is not a panacea for the many blockchain developers, technology providers, and industry participants who have suffered under the SEC's illegal and aggressive cryptocurrency enforcement regime,” he added. ConsenSys.
Santiment explained that a reason behind The growing popularity of ethereum could also be Pantera Capital's intention to purchase the asset worth $100 million. The plan was revealed by Bloomberg's James Seyffart WHO x.com/JSeyff/status/1803177324713501025″ target=”_blank” rel=”noopener” data-wpel-link=”external”>reclaimed the company will distribute capital into the Bitwise Spot eth ETF.
Another cryptocurrency capture to enormous piece of Of interest to traders is the new Donald Trump-themed DJT token. Initially, was speculated that the former president of the United States would launch the asset, with his 18-year-old son, Barron Trump, leading the project.
More recently, Martin Shkreli (an ex-convict who spent several years in prison for financial fraud) publicly Announced his role in the creation of the meme coin.
The list continues
The other cryptocurrencies that have become increasingly fashionable lately They are GCR, ENS, PENDLE, XLM, WAMPL, ARKM, FET and USDT.
ethereum Name Service (ENS) might have sparked additional interest in news involving the US securities regulator and eth.
For its part, Fetch.ai experienced a daily price increase of around 30%. The rally of the ai-related cryptocurrency coincided with the success of NVIDIA. As CryptoPotato reportedThe technology giant became the largest company in terms of market capitalization (more than $3.33 trillion), surpassing Microsoft ($3.31 trillion).
Other ai/blog/artificial-superintelligence-alliance-announces-revised-timeline-for-token-merger” target=”_blank” rel=”noopener” data-wpel-link=”external”>advertisement What could have positively impacted the price of FET is that Fetch.ai, Ocean Protocol, and SinguralityNET will merge their tokens. Binance is one of the leading cryptocurrency exchanges to ai-fet-ocean-protocol-ocean-and-singularitynet-agix-token-merge-e485541c370240adba3929fded74f269?hl=en” target=”_blank” rel=”noopener” data-wpel-link=”external”>support The initiative.
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