Trending Tokens on BTSE:
(as of 10:30 AM Singapore Time, September 5, 2023)
As the sun rose over Asia this morning, large market cap cryptos have remained relatively unmoved. Bitcoin (BTC) held at $25.7K, a small fluctuation of -0.92% from the previous day. Ethereum (ETH) saw a slightly larger slide of 1.14%, but remained comfortable above the $1.6K mark. Other large market cap altcoins Ripple (XRP) and Dogecoin (DOGE) saw similarly small movements of -0.77% and 0.17% respectively. Altogether, large market cap cryptos led a largely stable market overnight.
In other news, The London Stock Exchange Group (LSEG) has revealed it intends to establish a blockchain-based digital markets business utilizing cryptocurrency technology to enhance traditional financial asset trading. The group aims to create a seamless and cost-effective digital market ecosystem for capital raising and transfer across various asset classes. After a year of assessing blockchain-powered trading feasibility, LSEG is at an “inflection point” and plans to progress with its initiative. The group is contemplating the creation of a distinct legal entity for the digital markets business and aims to launch the venture in the coming year, subject to regulatory approval.
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