In the latest market shift, Dogecoin (DOGE) has surged by 14% over the past 24 hours, reaching a four-month high of $0.1684, as its trading volume skyrocketed 119%. This rally comes amid Bitcoin’s surge past the $71,000 mark, which has contributed to renewed interest in the memecoin sector, with DOGE
T-Rex’s 2x leveraged MicroStrategy ETF (MSTU) has surged in performance, now ranking among the top 1% of all ETFs by daily trading volume. Launched just six weeks ago, MSTU has posted a 225% gain, translating to an annual equivalent growth rate of 57,000%. This exponential rise is attributed to MicroStrategy’s
Web3 space is an ever-evolving landscape with new initiatives surfacing every other day. Recently, Vitalik Buterin has been discussing the Ethereum ecosystem’s advancements and upcoming upgrades. Meanwhile, the cryptocurrency realm has also shown bullish signs in the past day. In Hong Kong, the nation’s first digital bank ZA Bank has
The crypto space has been abuzz with activity as Bitcoin has rallied to hit the March 2024 trading levels. However, the altcoin sector has shown mixed signals in the last 24 hours. Ethereum has failed to utilize this positive momentum, but Solana, on the other hand, has hit the $180
It is not novel that the US regulatory body, the Securities and Exchange Commission, has been targeting several cryptocurrency firms. At present, its lawsuit against Ripple has gained the spotlight, with the latest update being Ripple’s filing for the Cross Appeal. However, despite the lawsuit, Ripple’s XRP has managed to
In the last 24 hours, the cryptocurrency market has shown neutral price movements, largely influenced by Bitcoin’s return to the $67.7K level. This stabilization has helped the overall market cap rise by 3.24%. However, Ethereum, the leading altcoin, has diverged from this trend, experiencing a price drop over the week.
Japanese investment firm Metaplanet has embraced a new performance metric called “BTC Yield” to evaluate its growing Bitcoin holdings, closely following the approach of U.S.-based firm MicroStrategy. Announced on Oct. 25, Metaplanet’s BTC Yield aims to reflect the company’s Bitcoin acquisition strategy’s potential shareholder value, offering a unique measure by
The crypto market has shown positive price actions in the past 24 hours much to the relief of community members. On the other hand, today’s spotlight was cast on a US government-related wallet compromise and the subsequent loss of funds. Meanwhile, the Ripple Vs. SEC lawsuit has taken yet another
Microsoft shareholders will soon decide whether the company should publicly assess the potential of adding Bitcoin to its balance sheet. An October 24 filing with the U.S. Securities and Exchange Commission (SEC) reveals the proposal, named “Assessment of Investing in Bitcoin,” will be presented for a vote on December 10.
The digital assets sector encountered a shocking incident, as a US government-related crypto wallet was compromised. The attack led to a loss of $20 million worth of funds in the form of USDT, USDC, aUSDC, and ETH tokens. Meanwhile, on turning to the prices table, Bitcoin has resurfaced at $67K,
