- Tokamak (TON) current ranking is#699
- Live market cap of $34,669,502
- Bitcoin (BTC) to offset carbon footprints
Tokamak Network Cryptocurrency (TON) value is rising and has swelled by 13.30% in the last 6 hours and is at $12.95 at 02:20 EST. It is current ranking, as per data provided CoinMarketCap, is #699. It boasts a live market cap of $34,669,502 and has a circulating supply of 2,727,340 TON coins against a maximum collection of 50,000,000 TON coins reports.
Tokamak Network was a platform built to provide interoperability in layer two protocol. It includes plasma and roll-up, which provide unfettered use and security, and data availability through a decentralized Ethereum blockchain. Any user can open a layer two solution and adapt it to their needs. Tokamak Network (TON) also supports DApp as well as Ethereum infrastructure solutions.
On criticism hurled against cryptocurrencies is that it is energy-intensive and bad for the environment. As per a report by Bloomberg Quint, Canadian miners of Bitcoin ETF are ensuring that it is carbon neutral. The company added that it is trying to reduce the carbon imprint by dedicating a portion of its crypto ETF’s management fee to reduce the fund’s carbon footprint.
In a bid to mitigate the potential manipulation of Bitcoin exchange-traded products, Cboe has filed its fidelity Bitcoin ETF with the U.S. Securities and Exchange Commission. Cboe Global Markets Inc. is carrying forward with the listing despite a hostile regulatory reception.
Bitcoin ETF approval odds grow
The odds against the approval of the Bitcoin ETF grew stronger. Bloomberg Quint reports that three Bitcoin ETF filings have been acknowledged by the SEC. Bloomberg Quint quoted Nate Geraci, president of the ETF Store, who said that manipulation in the Bitcoin spot market is the primary roadblock in the road to Bitcoin ETF approval.