Crypto News

Avalanche (AVAX) and DogWifHat (WIF) don't like the slow pace of today's market and have spiked more than 10% in the last 24 hours.Source link

Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin and Ethereum with Double-Digit Growth This Week A plethora of cryptocurrencies, otherSource link

As of the current moment, 93.6% of bitcoin’s total supply has already been mined, leaving only 1.34 million bitcoins remaining to be extracted. After the upcoming halving event, the issuance rate of the leading digital currency will decelerate, significantly reducing its availability more than ever before. Additionally, post the 2028 halving, miners will receive 1.5625Source link

Some called the move a marketing trick, as news of the burn went viral on X.Source link

BTC experiences a 9% drop, resulting in $700 million liquidations, with funding and open interest hitting their lowest levels in weeks. The sell-off appears more sustained compared to previous brief dips, with most BTC downside liquidations concentrated around $66,000. ETFs witness $132 million inflows, sparking predictions of a potential liquidity crisis within six months. VanEck suggests that an ETH ETF could surpass BTC in size. Grayscale's ETH discount doubles within a week. Meanwhile, SOL's market cap reaches an all-time high amid a frenzy surrounding memecoins. Additionally, rumors circulate about a fund losing $1 billion on the BTC-MicroStrategy basis.Source link