Crypto news for July 21, 2024
Bitcoin (BTC): $64,235.20 (-1.09% in the last 24 hours) Ethereum (ETH): $3,516.11 (+0.03%) BNB: $586.40 (-1.54%) Solana (SOL): $132.78 (-1.23%) TRON (TRX): $0.11852 (+1.62%)Ripple (XRP): $0.4894 (-0.99%)Shiba Inu (SHIB): $0.00001764 (-3.18%)
Major Trades and Investments MicroStrategy increased its Bitcoin holdings by purchasing $786 million worth of additional coins, bringing the total to 226,331 BTC. This purchase underscores the company's continued confidence in cryptocurrency as a store of value [❞]. Regulatory Changes The US Securities and Exchange Commission (SEC) has concluded its investigation into Ethereum 2.0, deciding not to take further legal action. This decision removed the uncertainty surrounding the legal status of Ethereum 2.0 and was a positive signal for the market. Large fund transfers The German government moved $195 million worth of Bitcoin to exchanges, raising fears in the market about possible sales. This could affect the price of Bitcoin in the short term