The spot Bitcoin ETF IBIT, run by BlackRock, has surpassed Grayscale’s GBTC to become the biggest Bitcoin fund, marking a significant milestone in the industry. On May 28, the BlackRock Bitcoin ETF had inflows of above $100 million, signaling a flippening. At the time of writing, bitcoin is trading at
As the cryptocurrency market continues to evolve, savvy investors are constantly on the lookout for altcoins that promise high returns on investment (ROI). Among the plethora of digital assets available, three altcoins stand out due to their unique features, strong community backing, and potential for significant price appreciation: Dogecoin (DOGE),
On Monday, major cryptocurrencies experienced a downturn, with Bitcoin (BTC), XRP, and Dogecoin (DOGE) leading the decline. Bitcoin fell by 0.96%, settling at $68,375, while Ethereum bucked the trend, rising over 4% to reach $3,950. The meme coin market, however, continues to heat up, especially with the ongoing rivalry between
The crypto sector has experienced optimistic waves since last week. With price recoveries and upward streaks multiple altcoin sectors have drawn investors’ interest. In the meme coin sector, Pepe (PEPE) has become a prime focus, as it sustains last week’s upward rally into this week, increasing by 79.94%. Notably, according
The former US president and Republican candidate for president this year, Donald Trump, has once again shown his support for cryptocurrency. His ambitions to back crypto startups were disclosed in a post the former president made on Truth Social, his social media platform. For some time now, people have seen
Dogecoin (DOGE) is once again capturing attention as its trading volume has surged by over 35.67% since early trading hours, despite the global crypto market experiencing declines. This spike in volume has led to a nearly 10.5% increase in Dogecoin’s price, pushing it from $0.1562 to $0.1727. The crypto market
The cryptocurrency market has recently surged, driven by the US Securities and Exchange Commission’s (SEC) approval of Ethereum ETFs. Among the top performers, Ethereum (ETH) has seen a 30% rise over the past month. However, other cryptocurrencies have also posted impressive gains, with some even surpassing Ethereum’s performance. One standout
DeFi has had a significant capital inflow in 2024, resulting in a 75.1% increase in TVL year-to-date (YTD) to US$94.9B from US$54.2B at the beginning of the year. Nearly all DeFi sectors have benefited from this increase, including big and specialized markets. As a result, differentiated markets have emerged, enabling
The Ethereum wallet MetaMask is going to have Bitcoin compatibility soon, allowing it to extend its capabilities even further. The company hopes that by doing this, users of Bitcoin and Ethereum would be able to more easily deal with one another. The goal of this work is to provide a
Concerned that FIT 21 does not adequately safeguard investors, the White House has opposed the bill. Despite the bill’s potential to impact future crypto market laws, this step is still being made. Additionally, the statement highlights the administration’s readiness to collaborate with Congress to improve the digital assets’ legal framework.
