Major virtual assets are on the rise.
As of 11:21 am on the 2nd, based on Bithumb, Bitcoin (BTC) rose 0.47% from the previous day to 14,156,800 won. Ethereum (ETH) rose 0.68% to 5,042,000 won, Ripple (XRP) rose 9.74% to 3,572 won, Binance Coin (BNB) fell 1.32% to 1,045,000 won, and Solana (SOL) rose 3.04% to 294,700 won.
The international market is on a downward trend.
At the same time, on CoinMarketCap, BTC recorded $92,315.67, down 1.24% from the previous day. ETH fell 2.05% to $3,336.03, XRP fell 4.07% to $2.03, BNB rose 0.53% to $701.70, and SOL fell 1.72% to $188.8.
The total market capitalization of virtual assets increased by 1.83% from the previous day to about $3.34 trillion (about 490.86 trillion won). The Crypto Fear and Greed Index of alternative.me, a virtual asset data company, rose 4 points from the previous day to 70 points, indicating 'greed'.
BTC mining company Hive Digital is moving its headquarters to Texas.
On the 1st (local time), CoinTelegraph reported that Hive Digital is moving its headquarters from Vancouver, Canada to Texas, USA, expecting a pro-virtual asset tailwind from Donald Trump, the President-elect. Trump, the presidential candidate, has emphasized "making the US the center of BTC" since his candidacy.
In an official statement, Hive Digital said, "Texas has a business environment that supports virtual assets, well-developed energy infrastructure, and easy access to high-quality talent, so we are moving our headquarters there." Frank Holmes, chairman of Hive Digital, said, "Entering the US market, which has a market capitalization of $40 trillion and $500 billion in daily trading volume, is a key part of our corporate growth strategy."
Many mining companies such as Applied Digital, Galaxy, Bitdeer, Cipher, and Core Scientific have their headquarters in Texas. On June 13, the President-elect Trump said, "I hope that all BTC will be mined in the US in the future."
Experts expect positive changes in the industry, such as the restructuring of the US Securities and Exchange Commission (SEC), the improvement of virtual asset-friendly regulations by the courts, and the strengthening of supervision by the US Commodity Futures Trading Commission (CFTC), when Trump takes office.
- Reporter Hae-yeon Kang
- haeyeon41@rni.kr
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