The surge in institutional interest and investment in Bitcoin has reached a major milestone. U.S. Bitcoin exchange-traded funds (ETFs) have surpassed the Bitcoin holdings of Satoshi Nakamoto, the pseudonymous creator of Bitcoin, marking a significant shift in the cryptocurrency landscape. As of the latest reports, these U.S. Bitcoin ETFs have accumulated over 1.1 million Bitcoin, […]
Category Archives: Blockchain
Internal communications from the Federal Deposit Insurance Corporation (FDIC) have revealed that the U.S. government took deliberate steps to limit banks’ involvement with cryptocurrency businesses in 2022, according to documents released by Coinbase. These communications, made public after a legal challenge by Coinbase, suggest that regulators played a significant role in restricting access to banking […]
Bitcoin’s price has seen significant growth recently, surpassing the crucial $100,000 mark and briefly peaking at $104,000. This surge in Bitcoin’s value is a result of sustained investor interest, as evidenced by data showing that spot Bitcoin exchange-traded funds (ETFs) have seen a net inflow of over $33 billion, pushing the total assets under management […]
ACX and ORCA, the native tokens of Across Protocol and Orca, have seen significant price surges following the announcement that they will be listed on Binance. The ACX/USDT and ORCA/USDT trading pairs will be available for trading starting 12:00 UTC on December 6, with withdrawals set to open at 13:00 UTC on December 7. This […]
Meme coins inspired by GameStop (GME), AMC Entertainment (AMC), and Keith Gill—also known as Roaring Kitty—saw significant surges after the influencer’s return to X (formerly Twitter) on December 6, 2024. Key Token Movements GME (Solana-based): This meme coin, unrelated to the GameStop company but inspired by its name, surged over 70% to $0.7672. Its daily […]
Pudgy Penguins, the viral Ethereum-based NFT collection known for its iconic cartoon penguin characters, is preparing to launch its own native token, PENGU, by the end of 2024. The announcement came via the official Pudgy Penguins account on X, although a specific launch date has not yet been confirmed. PENGU will have a total supply […]
DogeUni, a project leveraging the Dogecoin blockchain, has made significant strides in enhancing the decentralized finance (DeFi) capabilities of Dogecoin with its latest integration of ClassZZ (CZZ) and DisChain (DIS). This strategic partnership aims to improve liquidity mining and cross-chain transactions, increasing the utility of Dogecoin within the rapidly evolving DeFi space. By combining these […]
DYDX, the native token of the decentralized exchange dYdX, has made headlines recently with an impressive 35% rally, reaching a seven-month high of $2.45 on November 6. This surge in price boosted DYDX’s market capitalization to over $1.67 billion, making it one of the top-performing altcoins of the day. The price increase has brought DYDX […]
After several months of sluggish performance, the NFT market has begun to show signs of recovery, with trading volume surging by 22% in November, according to a report by DappRadar. The market saw a total of $698 million in trading volume, a significant increase from October’s figures. DappRadar analyst Sara Gherghelas attributes the rise in […]
On Dec. 5, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced a significant surge in trading volume, reaching $7.1 billion, a 50% increase from the previous day. This spike occurred as Bitcoin’s price dropped below the $100,000 threshold. According to data from SoSoValue, the 12 spot Bitcoin ETFs saw net inflows of $766.66 million on Dec. […]