The cryptocurrency market has rebounded over the past 24 hours, as Bitcoin (BTC), Ethereum (ETH), and other coins trade in positive territory. BTC rebounded to reclaim the $110,000 mark, rising from a low of $107,597 to its current level. The flagship cryptocurrency is up nearly 3% over the past 24 hours, trading around $110,178.

However, ETH has struggled to build momentum and lost further ground early during the session, falling to an intraday low of $4,240 before rebounding to reclaim $4,300 and move to its current level of $4,380. Buyers will look to retain control and push the altcoin past $4,500. 

Ripple (XRP) is up 3%, while Solana (SOL) is building momentum, up 2.50% and trading around $202 after reclaiming the $200 level. Dogecoin (DOGE) is up almost 2%, trading around $0.214, while Cardano (ADA) is down 3%, trading around $0.821. Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Litecoin (LTC), Toncoin (TON), and Polkadot (DOT) have also registered substantial gains over the past 24 hours. 

Coinbase, OKX Targeting Australia’s Retirement Savings Market 

Coinbase and OKX are preparing to roll out several crypto investment products for Australia’s $3.4 trillion pension system, beginning with self-managed super funds. According to reports and tax office data, SMSFs held $1.7 billion in crypto as of March, up sevenfold since 2021. Coinbase plans to launch its own SMSF service over the next few months, with over 500 investors on the waiting list. OKX also introduced a similar service in June and stated that demand has been significantly higher than expected. 

Coinbase and OKX are also offering guidance for investors setting up SMSFs, and referring them to accountants and law firms that handle the administrative and compliance costs required for the funds. However, adoption differs between generations. Older inve

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Author: Amara Khatri

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