2025-04-24 Market Watch: Bitcoin hits new highs, SEC drops case, and more!

Here is what happened yesterday in the crypto market:

Bitcoin Surpasses Google as Fifth Largest Global Asset

Bitcoin’s market capitalization has soared to $1.86 trillion, surpassing Google and making it the fifth-largest asset globally as it breaks through $94,000. This milestone highlights Bitcoin’s growing significance in the financial world.
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SEC Drops Fraud Case Against HEX Founder Richard Heart

The SEC has dropped its fraud case against Richard Heart, founder of the crypto project HEX, marking a rare legal victory for the defense and raising questions about the SEC’s approach to crypto regulation.
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Cantor Fitzgerald Plans $3B Crypto Venture with SoftBank, Bitfinex, and Tether

Brandon Lutnick, chair of Cantor Fitzgerald, is reportedly partnering with SoftBank, Tether, and Bitfinex to create a $3 billion crypto acquisition company, signaling further institutional investment in the digital asset space.
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Trump Media Inks Deal with Crypto.com for ‘Made in America’ ETFs

Donald Trump’s media conglomerate, Trump Media and Technology Group, has signed an agreement with Crypto.com to launch exchange-traded funds with a Made in America focus, potentially boosting crypto adoption among his supporters.
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US President’s Planned Dinner for TRUMP Memecoin Holders Triggers Price Surge

The Trump memecoin (TRUMP) jumped after the announcement of an exclusive in-person dinner for top tokenholders with US President Donald Trump. This event highlights the growing intersection of politics and meme culture in the crypto space.
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