Crypto News
Solana Leads Altcoin Rally as Crypto Market Cap Reaches Record High
On Aug. 13, the total market capitalization of the cryptocurrency ecosystem approached $4.2 trillion, reaching $4.189 trillion, a new all-time high. Solana Leads Top Altcoins as ETH Nears Lifetime High On Wednesday, the cryptocurrency ecosystem’s total market capitalization neared the $4.2 trillion mark after several high-cap altcoins recorded significant 24-hour gains. As shown by CoingeckoSource link
Trump’s ABTC Makes Major Bitcoin Buy Ahead of Nasdaq Listing
American Bitcoin Corp. (ABTC), a majority-owned subsidiary of Hut 8 Corp., has added 1,726 bitcoin to its holdings, expanding its strategic reserve as part of a summer acquisition push. Trump-Linked ABTC Grows Bitcoin Stash Past $250M Mark Hut 8 disclosed in its quarterly filing that the purchases occurred between July 1 and Aug. 6 atSource link
Ethereum Could Soar to $25,000 by 2028: Standard Chartered
Ethereum nears its record high as analysts point to institutional buying and stablecoin growth as catalysts for the next rally.Source link
CoinDesk 20 Performance Update: Uniswap (UNI) Gains 6.5% as Nearly All Assets Rise
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4372.28, up 2.5% (+106.92) since 4 p.m. ET on Tuesday.Nineteen of 20 assets are trading higher.Leaders: UNI (+6.5%) and SOL (+6.4%).Laggards: BCH (-1.9%) and XLM (+0.2%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
ETH Surges to $4,700, Nearing All-Time High Amid Bitmine’s $20B Plan
Ethereum surged over 10% on Aug. 13, reaching $4,780, its highest price since November 2021, and marking a nearly 30% increase since trading below $3,600 on Aug. 6. Institutional and Analyst Outlook Ethereum ( ETH) closed in on its all-time high on Aug. 13 after surging by more than 10% in 24 hours to reachSource link