Global

Semler Scientific, known for its early detection products for chronic diseases, experienced a remarkable 42% surge in its stock value after announcing a substantial investment in Bitcoin. The company purchased 581 Bitcoins for $40 million, echoing the strategy employed by MicroStrategy, a move that drew attention from industry observers.

Argentine officials have downplayed rumors of the country fully embracing Bitcoin following routine talks with El Salvador on digital asset regulations. The recent discussions sparked speculation after the election of a pro-Bitcoin president, Javier Milei, in late 2023, but experts caution against overstating Argentina's commitment to cryptocurrency.

The Sei Foundation has announced the launch of the second Sei airdrop, distributing 27,421,200 SEI coins to 43,052 individual addresses.

The Ethereum Name Service (ENS) has proposed an upgrade to ENSv2, which involves migrating to Layer 2 to reduce gas fees and enhance transaction speeds.

Binance, the leading cryptocurrency exchange globally, is expanding its trading services significantly. Binance Spot, the primary trading platform, will introduce new trading pairs for major cryptocurrencies such as Bitcoin (BTC), XRP, Ethereum Name Service (ENS), and Lido DAO (LDO).

Bitcoin (BTC) and Ethereum (ETH) have firmly established themselves as the leading cryptocurrencies based on market capitalization. Nevertheless, there's heightened competition further down the list among the top 100 cryptocurrencies.