The Shiba Inu community, also known as the SHIB army, has been captivated by the potential of Shibarium in the crypto space. This revelation came during a conversation between Grok, an artificial intelligence chatbot created by Elon Musk's xAI, and a SHIB community member. Grok praised Shibarium for its strong focus on community engagement, creating a sense of camaraderie and belonging. The community's humor and lightheartedness, often expressed through memes and jokes, contribute to a more enjoyable and unified experience. Additionally, Shibarium's commitment to helping others and making a positive impact has been recognized.
Fidelity, a prominent asset manager, has announced a reduction in the fee for its Bitcoin Exchange-Traded Product (ETP) in Europe. The Fidelity Physical Bitcoin ETP (FBTC) will now have its total expense ratio (TER) slashed from 0.75% to 0.35%, making it more competitive on the market.
Richard Teng, the new chief executive of Binance, the largest cryptocurrency exchange by trading volume, took to his Twitter/X account to comment on the significant milestone reached by Bitcoin today. Bitcoin not only surpassed the $51,000 level but also regained $1 trillion market capitalization for the first time since 2021. Teng described this as a big milestone for Bitcoin.
In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chair Gary Gensler shared his insights on the cryptocurrency market. Gensler emphasized the need for investor protection in a sector that is rife with fraud and manipulation.
The popularity and interest surrounding Shiba Inu ecosystem tokens SHIB, BONE, and LEASH have been on the rise. However, it is important for holders of these tokens to exercise caution due to the increasing number of scams targeting them.
Kenetic Capital, a prominent institutional investor, has recently deposited its last tranche of holdings into Binance. The deposit consists of 4.1 million RNDR tokens, which are valued at approximately $20.4 million.
Dogwifhat (WIF), the hottest meme coin on Solana, has experienced a remarkable surge, reaching $0.46 cents today. This surge has propelled Dogwifhat's market capitalization close to half a billion dollars, securing its position as the 123rd largest cryptocurrency by market capitalization.
According to CoinMarketCap, most coins are setting new local peaks. Here are the latest updates on the top coins:
Cardano (ADA) is currently making waves in the crypto space, with its social mentions potentially outshining even Bitcoin (BTC), the reigning king of cryptocurrencies. Recent data reveals a surge in interest and activity surrounding ADA, reflecting positively on its price movements and market capitalization.
Bitcoin has reached a significant milestone, with its market capitalization surpassing $1 trillion. This achievement solidifies Bitcoin's position as a major player in the financial world. Over the past two weeks, Bitcoin's value has climbed by an impressive 20%, culminating in today's surge to levels unseen since December 2021.
PEPE, the Ethereum-based meme cryptocurrency inspired by the iconic Pepe the Frog character, has been listed on the major crypto exchange Bitstamp.
Founder of SkyBridge Capital Anthony Scaramucci has taken to Twitter to draw attention to the fact that BlackRock's Bitcoin inflows have reached a new high. According to Scaramucci, BlackRock's spot-based Bitcoin ETF, IBIT, has seen inflows of $5 billion, surpassing the $3 billion mark within the first month of its launch.
An enormous volume of Shiba Inu tokens, amounting to a colossal 3.2 trillion SHIB, has been transferred within just 24 hours. This significant movement of tokens has caught the attention of the cryptocurrency community, sparking speculation about its potential implications.
Bitcoin ETFs have witnessed a remarkable surge in investment activity, with a substantial influx of $631 million reported in the past 24 hours. According to data from BitMex Research, eight Bitcoin ETFs collectively accumulated 12,736 BTC during this period, indicating a significant uptick in investor interest.
The dog-themed cryptocurrency Shiba Inu has recently experienced a significant increase in on-chain activity, driven by intriguing moves from large holders. According to data from IntoTheBlock, Shiba Inu has seen a staggering 1708.21% surge in netflows from these large players.
Craig Wright, famously known for his claims of being Satoshi Nakamoto, recently faced scrutiny from XRP lawyer John E. Deaton, for what he perceives as historical inaccuracies and blatant falsehoods.