Market Movements:
Bitcoin on the Rise:
Bitcoin's price continues to climb, potentially signaling the end of the
"crypto winter" [Independent]. Some analysts are even placing bullish
bets on its future value [Independent].
Meme Coin Slump: Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) are experiencing a significant price drop [Binance Square].
Liquidations: The crypto
market saw $306 million in liquidations over the past 24 hours, with
Bitcoin and Ethereum leading the pack [Binance Square].
Other News:
US Developments: The
recent approval of the first Bitcoin ETFs in the US is seen as a win for
Wall Street, while Genesis, a major crypto company, is reportedly
considering bankruptcy filing [Euronews].
Solana Update: A developer for Solana has ended the "Mempool" function, potentially impacting the network [Coindesk].
Bitcoin Ordinals Wallet Funding: A new Bitcoin Ordinals wallet, Oyl, has secured $3 million in funding from prominent investors [Coindesk].