Breaking Crypto News – Exploring the Impact of Top 4 Crypto News Headlines
Breaking Crypto News – As we approach the end of June, the cryptocurrency industry has continued to experience various developments, albeit with a bit of a lull. First of all, major cryptocurrencies have been on the decline for some time. However, as of today, they are on the rise again. The second important development of the day was that VBTC started trading on the Australian Stock Exchange. Also, tokens using artificial intelligence technology stood out, rising more than 35%. Finally, the number of Bitcoins held in wallets associated with miners hit a record low.
Major Cryptocurrencies See Small Rises Earlier in the Day
Early in the European morning, cryptocurrency assets saw a surge that saw Ether rise 2% to $3,600 and Bitcoin rise 1.5% to $66,300. The CoinDesk 20 Index (CD20), which measures the overall performance of the digital asset market, has increased by around 1%. Avalanche’s AVAX has gained the most, coming in at just under 3.9%. Solana’s SOL increased by 1.3%, whereas XRP increased by 1.5%.
VBTC Becomes the First Exchange Traded Fund to List on ASX
On the Australian Securities Exchange (ASX), trading for the VanEck Bitcoin ETF (VBTC) began. The largest stock exchange in the nation, the ASX, has listed its first exchange-traded fund. After trading 99,791 shares, VBTC increased 1% from its opening price to close the day at A$20.06 ($13.4).
Spectacular Growth in Artificial Intelligence Tokens
In the past day, tokens utilizing AI technology have increased by up to 35%. The leaders in this advancement were FET from Fetch.ai, AGIX from SingularityNET, and OCEAN from Ocean Protocol; overall, the sector added 15%. The expansion coincided with rises in the shares of chipmaker Nvidia (NVDA), which has increased 5% since Monday, ranking it as the world’s most valuable corporation.
Lowest Bitcoin Holding Amount Since 2019
At 1.802 million BTC, the quantity of bitcoin kept in wallets connected to miners is at its lowest point since April 2019. One thing that’s said to be keeping bitcoin behind Nasdaq is faster selling by miners. Above, you can see the Glassnode graph of this decline.
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