Meme Coin Rally Outshines Crypto Market
The meme coin market cap has surged by over 9% in the past 24 hours, overshadowing the broader crypto market, which experienced a slight downturn of over 0.2% during the same timeframe. This significant growth in meme coins, a sub-sector often viewed with scepticism by traditional investors, underscores a shifting dynamic in investor sentiment and […]
Ethereum’s Dencun Ushers in New Era of Low Fees
The Ethereum network’s recent Dencun upgrade has catalyzed a seismic shift in the landscape of Layer-2 (L2) networks, such as Optimism, Zora, and Base, bringing transaction costs to unprecedented lows. This groundbreaking update has not only reduced transaction fees significantly but has also introduced a level of efficiency that could reshape how we interact with […]
NFT Market Faces Sharp Decline in Value
The non-fungible token (NFT) market has experienced a notable downturn over the past week, with the price floors of the top five NFT collections by market capitalization taking a significant hit. This recent development has cast a shadow over the once-booming NFT space, indicating a cooling interest among collectors and investors. Leading NFT collections such […]
Ark Invest Cuts Coinbase Stake Amid Surge
Ark Invest, led by the visionary Cathie Wood, has made significant adjustments to its holdings of Coinbase shares. On Tuesday, the firm divested an additional 106,000 shares across three of its flagship exchange-traded funds (ETFs), amounting to $27.2 million, as per the latest trade filings. Breaking down the sales, Ark Invest sold 66,387 shares valued […]
Coinbase Wallet Bolsters Security with Blockaid Integration, Saving Users Millions
Coinbase Wallet, a popular self-custody crypto wallet, has revealed a successful partnership with web3 security firm Blockaid. The five-month integration has yielded impressive results, with Blockaid estimated to have saved Coinbase Wallet users over $75 million from potential theft. This impressive feat stems from Blockaid’s proactive approach to on-chain security. Through a combination of scanning […]
MicroStrategy’s Bold BTC Accumulation
MicroStrategy, a software company known for its assertive investment strategy in Bitcoin, has significantly bolstered its position in the cryptocurrency market with the latest acquisition of 12,000 Bitcoin (BTC). This purchase elevates its total holdings to a staggering 205,000 BTC, valuing its Bitcoin treasury at approximately $14.7 billion at current prices. The realm of corporate […]
Ethereum’s Dencun: A Leap in Scalability
The Ethereum blockchain is poised for a transformative update with the Dencun upgrade, set to roll out on Wednesday, March 13. This upgrade is anticipated to dramatically reduce gas fees by an estimated 75% immediately, marking a significant milestone in Ethereum’s evolution towards greater scalability, security, and user experience. Dencun, a name blending the previous […]
Grayscale’s Strategic Move with Bitcoin Mini ETF
Grayscale is set to revolutionize the cryptocurrency investment landscape once again with its latest venture, the Grayscale Bitcoin Mini Trust (BTC). This innovative ETF product aims to rejuvenate the Grayscale Bitcoin Trust (GBTC) after a challenging period marked by significant outflows. The S-1 statement filed reveals that the BTC will serve as a “Spin-Off” from […]
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