Bitcoin Hyper Passes $9.5M in Explosive Layer-2 Presale
The post Bitcoin Hyper Passes $9.5M in Explosive Layer-2 Presale appeared on BitcoinEthereumNews.com. $BTC, as always, is driving the sector’s rally. As the world’s largest crypto, it’s currently valued at ~$121K – just ~1.65% shy of its ~$123K ATH. However, as the popularity of $ BTC grows, its network struggles with slow speeds and high fees. Fortunately, the Bitcoin Hyper ($HYPER) Layer 2 solution is getting set to fix this. The USA Strengthens $BTC’s 58.5% Market Dominance Demonstrating $BTC’s market dominance, it takes up a whopping 58.5% of the entire crypto market, followed by $ETH at 13.8%. Source: CoinMarketCap The Crypto Fear and Greed Index is currently in the ‘Greed’ zone, which reflects a bull market. And it’s no surprise – $BTC is just a stone’s throw away from breaking its ATH, after all. Source: CoinMarketCap Hype for $BTC, and thus the entire market as a whole, is being lifted by a mix of powerful drivers. Chief among them is a more crypto-friendly political environment in the US. One of the most notable changes to US crypto regulations includes the ‘GENIUS Act.’ As the first federal framework for stablecoins, it requires 1:1 reserves in high-quality assets, plus regular audits and disclosures. This move aligns with Donald Trump’s Working Group, calling for the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to collaborate on clearer crypto classifications. The SEC’s ‘Project Crypto’ reinforces this effort. It aims to modernize securities rules and establish clear criteria for classifying digital assets as securities, commodities, and stablecoins. Given that the SEC previously sued major crypto firms (Ripple Labs, Coinbase, Binance) over alleged unregistered securities offerings, such clarity has never been more pivotal for the market’s trajectory. Then, there are exchange-traded funds (ETFs). Approved in early 2024, Bitcoin ETFs allow institutions and retail investors to gain $BTC exposure without directly holding the asset. By removing technical…
The post Bitcoin Hyper Passes $9.5M in Explosive Layer-2 Presale appeared on BitcoinEthereumNews.com.
$BTC, as always, is driving the sector’s rally. As the world’s largest crypto, it’s currently valued at ~$121K – just ~1.65% shy of its ~$123K ATH. However, as the popularity of $ BTC grows, its network struggles with slow speeds and high fees. Fortunately, the Bitcoin Hyper ($HYPER) Layer 2 solution is getting set to fix this. The USA Strengthens $BTC’s 58.5% Market Dominance Demonstrating $BTC’s market dominance, it takes up a whopping 58.5% of the entire crypto market, followed by $ETH at 13.8%. Source: CoinMarketCap The Crypto Fear and Greed Index is currently in the ‘Greed’ zone, which reflects a bull market. And it’s no surprise – $BTC is just a stone’s throw away from breaking its ATH, after all. Source: CoinMarketCap Hype for $BTC, and thus the entire market as a whole, is being lifted by a mix of powerful drivers. Chief among them is a more crypto-friendly political environment in the US. One of the most notable changes to US crypto regulations includes the ‘GENIUS Act.’ As the first federal framework for stablecoins, it requires 1:1 reserves in high-quality assets, plus regular audits and disclosures. This move aligns with Donald Trump’s Working Group, calling for the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) to collaborate on clearer crypto classifications. The SEC’s ‘Project Crypto’ reinforces this effort. It aims to modernize securities rules and establish clear criteria for classifying digital assets as securities, commodities, and stablecoins. Given that the SEC previously sued major crypto firms (Ripple Labs, Coinbase, Binance) over alleged unregistered securities offerings, such clarity has never been more pivotal for the market’s trajectory. Then, there are exchange-traded funds (ETFs). Approved in early 2024, Bitcoin ETFs allow institutions and retail investors to gain $BTC exposure without directly holding the asset. By removing technical…
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