Bitcoin’s multi-day surge to consecutive new highs has captured the attention of Wall Street, with billions flowing into cryptocurrency ETFs since early November and the U.S. elections. On November 12, investors traded $1 billion of BlackRock’s IBIT fund within just the first 25 minutes of U.S. market trading. This rapid trading activity reflects a larger […]
Category Archives: Blockchain
On November 12, the Ethereum Foundation executed its first ETH sale since the release of its 2024 annual report, offloading 100 ETH in exchange for the stablecoin DAI. According to SpotOnChain analytics, the sale resulted in the acquisition of 334,315.7 DAI tokens. This marks the first ETH sale by the Ethereum Foundation since November 8, […]
Popcat, the third-largest Solana-based meme coin, has been left behind in the ongoing crypto bull run, showing signs of potential bearish momentum. On Tuesday, November 12, Popcat (POP) retreated to $1.43, down 18% from its highest level this year. While Popcat has risen by just 14% over the past seven days, other meme coins like […]
Dogecoin, the original meme coin, has experienced a remarkable surge in November, outperforming many top-tier cryptocurrencies in the ongoing bull run. Over the past week, Dogecoin (DOGE) has seen a massive rally, climbing by an impressive 143%. This surge has positioned Dogecoin as one of the standout performers in the bullish market environment. A key […]
Bitcoin briefly reached an all-time high of $89,604 earlier today, propelling the broader crypto market to new heights. The global crypto market cap hit a record $3.11 trillion, while Bitcoin’s market capitalization surged to $1.77 trillion, surpassing silver’s $1.7 trillion and positioning itself just below Saudi Aramco, the world’s largest oil company, which has a […]
Bitwise has officially launched the world’s first Aptos Staking exchange-traded product (ETP), offering staking rewards of approximately 4.7% net of fees. This announcement came as Aptos (APT) surged 20%, reaching a price of $12.9 on Tuesday, November 12. Scheduled for launch on November 19, the new Bitwise Aptos Staking ETP will trade under the APTB […]
Cardano’s price experienced a sharp pullback after hitting a high of $0.657, its highest level since March 30, marking a 138% increase from its lowest point earlier in the year. After briefly touching this peak, Cardano (ADA) entered a correction phase, falling by 14% from its weekly high and trading at $0.562 at press time. […]
Hong Kong-based Animoca Brands has secured an additional $10 million in funding to accelerate the development of its Mocaverse platform, a web3 project centered around a unique collection of 8,888 membership-based NFTs. This latest funding is part of a larger $41.8 million capital raise, aimed at further scaling the platform’s capabilities. The round was led […]
BetHog, a new crypto-based casino and sportsbook founded by the co-founders of FanDuel, has officially launched with $6 million in seed funding. The platform is designed to offer innovative games and expand its global reach in the online gambling industry. The funding round was led by 6MV, with additional contributions from Will Ventures, Bullpen Capital, […]
Bitcoin’s Rally Continues as Crypto Market Hits New All-Time High Bitcoin’s (BTC) rally post-U.S. elections remains strong, with the cryptocurrency reaching a new all-time high (ATH) of $89,604 early on Tuesday. At this price, Bitcoin’s market capitalization surged to $1.77 trillion. However, the asset saw a slight dip as long-term holders began moving their positions. […]