The crypto market is experiencing a resurgence in investor interest following the establishment of the SEC's new crypto task force aimed at creating clear regulatory frameworks. Ethereum (ETH) is on track for a potential breakout above $4,000. At the same time, large investors, known as whales, are increasing their holdings in Cardano (ADA) and a lesser-known low-cap DeFi cryptocurrency.
This trend highlights the increasing appetite for digital assets as prices trend upward, driven by the anticipation of favorable regulatory conditions and potential market gains.
Source: blockonomi.com ↗