The ETF’s record outflow day came as Bitcoin hit a U.S. trading day low of nearly $62,000 as it continues to slide after hitting a high last week. United States spot Bitcoin exchange-traded funds (ETFs) have witnessed their largest day of joint outflows on record, with a total of $326 million being shed from the 10…
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Key Points: Representative Patrick McHenry is optimistic about the passage of cryptocurrency legislation, particularly a US stablecoin bill. McHenry highlights upcoming opportunities for legislative action before the elections but refrains from specifying timelines. According to Godleak, U.S. Representative Patrick McHenry, chairman of the House Financial Services Committee, provided insights into the progress of cryptocurrency legislation…
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Crypto exchange Coinbase has announced plans to launch futures trading for Dogecoin, Litecoin and Bitcoin Cash as soon as April 1. Crypto exchange Coinbase believes Dogecoin’s“enduring popularity” suggests it has transcended its meme origins to become a staple in the cryptocurrency industry — and is now planning to launch futures trading products for the cryptocurrency.…
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Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool. Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is looking at Bitcoin as a potential diversification tool. The GPIF officially announced on March 19 the development of new long-term…
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With so many metaverse crypto projects on the market, how do you know which metaverse coins are the best? This is the place to find out. In this article, you’ll discover five of the top metaverse coins that are favorites of industry experts, why you should invest in them, and which one could outperform them…
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Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko. A major decrease in market liquidity that persisted after the shutdown of FTX and Alameda Research in November 2022 has now recovered to pre-collapse levels, according to crypto research firm Kaiko. In a March 18 research…
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Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum. More than $640 million worth of Bitcoin flowed out of crypto asset manager Grayscale’s spot Bitcoin ETF on March 18, marking the largest day of outflows for the…
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Key Points: Ether.fi launches an ETHFI token airdrop for governance participation. Distribution includes allocations for development, budget, investors, partners, and airdrops. Eligibility for the ether.fi airdrop requires users to have until June 18 to claim Season 1 airdrop. Ether.fi, a non-custodial liquidity staking protocol, has announced the launch of its first airdrop on March 18.…
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Solana memecoin projects have raised more than $100 million by way of a controversial fundraising model known as “presales” in the last three days. The crypto community has started to warn of “peak degeneracy,” with memecoin founders raking in millions worth of Solana through token presales in the last 72 hours alone. As of the time…
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Bitcoin bulls remain confident despite BTC price hitting its lowest levels since March 6 in a brutal weekend sell-off. Bitcoin lurched toward $60,000 on March 17 as selling persisted through the weekend. “Constant spot selling” pressures BTC price action Data from Cointelegraph Markets Pro and TradingView showed new BTC price lows of $64,522 on Bitstamp. After hitting new all-time highs during the…
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