Binance, world’s leading crypto exchanges, has announced the listing of Dogwifhat (WIF), a dog-faced meme coin based on the Solana blockchain. After Binance made this announcement, the Dogwifhat price surged over 28% in an hour and rebounded from recent losses. Binance To List Dogwifhat According to the latest announcement, the Binance listing is scheduled to […]
Breaking: Grayscale Launches Multi-Asset Staking Fund
In addition to its recently added spot Bitcoin ETF, asset management firm Grayscale Investments has introduced a new staking fund. The Grayscale Dynamic Income Fund (GDIF) A post on X showed details of a newly launched crypto staking fund from Grayscale dubbed Grayscale Dynamic Income Fund (GDIF). According to the asset manager, this is the […]
Top Crypto Losers Today
The world of cryptocurrency is no stranger to volatility, often witnessing substantial price swings within short periods. In recent events, the market experienced a notable downturn, aligning with Bitcoin’s significant 8% decrease following its record-breaking all-time high on Wednesday, March 5, 2024. This downturn in Bitcoin’s value had a ripple effect, causing a 6.19% decrease […]
Why Did the Crypto Market Crash Today?
Following a week of impressive crypto market rally, there has been a sudden shift early today as bears dominated, casting a reddish tint across the charts. This downturn coincided with Bitcoin’s notable 8% drop after soaring to a record high on March 6, 2024, surpassing the coveted $69,000 mark. As Bitcoin led the decline, the […]
BlackRock Bitcoin ETF Capitalizes, Adds 12.6K BTC in Tuesday’s Tumble
The BlackRock iShares Bitcoin ETF (IBIT) witnessed an unprecedented accumulation of Bitcoin (BTC) on Tuesday, securing over $778 million worth of the cryptocurrency. This substantial acquisition consisted of 12,600 BTC, setting a new record for daily acquisitions by the fund, which previously peaked at around 10,000 Bitcoin. The transaction occurred amidst a volatile market session, […]
Michael Saylor Hails Success of New Bitcoin ETFs
In a recent statement at the Madeira Bitcoin conference, Michael Saylor, CEO of MicroStrategy, lauded the unexpected success of the newly launched Bitcoin Exchange-Traded Funds (ETFs) by BlackRock and Fidelity. According to Saylor, these financial instruments have not only outperformed expectations but are also beginning to challenge the dominance of traditional ETFs, including those tracking […]