Crypto News
Solana Meme Coin Presales Have Raised $150 Million—What Could Go Wrong?
The increasingly prevalent practice, fueled by meme coin FOMO, is incredibly risky and already drawing red flags due to legal and ethical questions.Source link
GBTC Experiences Its Largest Daily Drain Yet, Nearly 239,000 BTC Gone in Under 70 Days
According to the latest statistics, Grayscale’s Bitcoin Trust (GBTC) experienced its most significant outflow on March 18, 2024, totaling $643 million. Onchain experts have closely observed GBTC’s activities as a considerable number of bitcoin have been moved out of the trust’s reserves. Record-Breaking Outflow Hits Grayscale Bitcoin Trust Grayscale has continued to face outflows, markingSource link
Polygon Labs Paid $4M to Host Starbucks’ Failed Foray Into Crypto: Sources
Polygon once hailed StarbucksSource link
Meme Coins Plummet After Bitcoin Flash Crash Tanks Crypto Market
After days of gains, buzzy Solana meme coins like BOME and SLERF shed substantial value following a Bitcoin flash crash.Source link
MicroStrategy Holds 1% of Total Bitcoin Supply After $600 Million Purchase
The analytics firm put $500 million in convertible notes on the market to fund its latest BTC purchase.Source link