Global #Cryptocurrencies

GameStop (GME) stock experienced a significant 19% surge in overnight trading on Robinhood after Keith Gill, also known as "The Roaring Kitty," made a revelation. Gill, posting under the Reddit account "DeepFuckingValue," disclosed his holdings of GME shares and call options, with a notional value exceeding $180 million. This post marked his first activity on Reddit since April 2021.

Acting Financial Secretary Wong Wai-lun of Hong Kong reiterated the city's commitment to establishing itself as a hub for cryptocurrency activities, aligning with its longstanding vision in this regard.

Despite growing demand for Bitcoin worldwide in recent months, Bitcoin spot ETFs in the United States have outperformed their global competitors, leading to their success while others have lagged behind.

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.

Coinbase is mulling over the addition of Core (CORE) to its list of supported cryptocurrencies, a move that could strengthen the Bitcoin ecosystem.

On Thursday, the SEC made history by approving eight spot Ethereum ETFs from major institutions such as BlackRock, Franklin Templeton, Fidelity, and VanEck. Although these approvals mark a significant regulatory shift, trading can't begin until the S-1 registration statements are approved, which could take several weeks.