ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filing
ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filingGrayscale's Cardano ETF filing could reshape ADA's market position amid regulatory uncertainty
Happy Tuesday!Today's crypto landscape is abuzz with significant developments. Grayscale's filing for the first US Cardano ETF has sent ADA soaring, outperforming Bitcoin and Ethereum, as it seeks to bring regulated exposure to the asset. Meanwhile, Bloomberg analysts highlight Litecoin as a frontrunner in the altcoin ETF approval race, while XRP sees surprising odds despite regulatory challenges. In another notable move, North Carolina becomes the 20th state to propose legislation allowing investment in major cryptocurrencies like Bitcoin. 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $3.19 trillion, with a 24-hour volume of $95.79 billion. The price of Bitcoin is $96,935.26, and BTC market dominance is 60.2%. The price of Ethereum is $2,658.12, and ETH market dominance is 10.0%. The best-performing sector is Cannabis, which gained 31%. The Crypto Fear & Greed Index is currently Neutral (47). 📰 Top News
ADA outperforms Bitcoin as Grayscale seeks approval for first US Cardano ETF in SEC filingGrayscale's Cardano ETF filing could reshape ADA's market position amid regulatory uncertainty Bloomberg analysts’ rankings show Litecoin leading altcoin ETF approval race, while XRP trailsDespite receiving the lowest odds, the chances of a XRP ETF approval reached 65% with triggers for a potential increase. North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserveUnder the bill, the state treasurer will be allowed to invest in cryptocurrencies that have a market cap higher than $750 billion.
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