Your crypto daily report is fresh out of the oven! BTC breaks records, ETH also surges
Hey, I have good news for you! According to OKX data, Bitcoin broke through $99,000 early this morning, setting a new all-time high! This wave also benefited Ethereum and other altcoins, with ETH rising 7% in 24 hours, surpassing the $3,400 mark.
Not only that, but Solana (SOL) is also on a strong momentum, with prices hitting a new high of $264.32. But if we talk about the most dazzling performer in this market wave, it must be XRP! Due to positive regulatory news and a surge in ETF applications, XRP skyrocketed by 25% in just two days, with a cumulative increase of 175% this month!
$6.2 million banana, have you heard?
Sun Yuchen has made big news again! He spent $6.2 million to buy the artwork 'Comedian' by artist Cattelan, which is the banana taped to the wall. He even tweeted to 'assign value' to the banana, saying he would eat it to pay tribute to art, and later mentioned donating it to Musk to be attached to a SpaceX rocket and sent to Mars.
However, Musk doesn't seem to buy it; he commented on social media that this kind of artwork is just used for money laundering and tax evasion. The meme coin related to this, $BAN, saw its price drop, with its market cap returning to $169 million.
SOL spot ETF may have new developments
Solana has been gaining a lot of attention lately. I've heard that four institutions have submitted applications for a SOL spot ETF to the SEC, and the negotiations are going quite smoothly. If approved, it could be listed as early as early August next year.
However, a project called Sui, touted as the 'Solana killer,' experienced a 2.5-hour outage last night due to a trading scheduling logic error, causing the validators to crash. Although the officials claim it has been fixed, this outage raised some concerns among users about its network stability.
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