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GBTC Outflow Peaks, BTC Price on BitMEX Flash Crashes Below $10,000, Market Bleeds

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GBTC Outflow Peaks, BTC Price on BitMEX Flash Crashes Below $10,000, Market Bleeds

The crypto market on March 19th saw significant declines, with Bitcoin plummeting to $65,000 USD and causing many altcoins to bleed out. The pressure stemmed from the redemption pressures of the GBTC fund reaching its peak and large sell orders on the BitMEX exchange. GBTC Outflow Peaks, BTC Price

By Web3 Station 18 Mar 2024
Over $122 Million USD in SOL Sent to Solana Presale Projects

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Over $122 Million USD in SOL Sent to Solana Presale Projects

The memecoin frenzy within the Solana ecosystem is making waves. According to ZachXBT, over $122 million USD worth of SOL tokens have been invested in 27 presale projects. Over $122 Million USD SOL Sent to Solana Presale Projects As reported by Coin68, alongside SOL hitting the $200 USD mark and

By Web3 Station 18 Mar 2024
Founder of NFT Collection Milady Drained of Millions

NFT & GameFi

Founder of NFT Collection Milady Drained of Millions

A hacker is believed to have liquidated several NFTs associated with Milady and transferred $1 million to another address. Founder of NFT Collection Milady Drained of Millions Image: OpenSea Krishna Okhandiar, also known as Charlotte Fang, the creator behind the popular Milady NFT collection, has been attacked after transferring a

By Web3 Station 18 Mar 2024
Starbucks Shuts Down Odyssey NFT Program

NFT & GameFi

Starbucks Shuts Down Odyssey NFT Program

Starbucks has decided to end its Odyssey NFT program starting March 31, following the trend of other major companies last year. Starbucks Shuts Down Odyssey NFT Program Image: TechCrunch According to the latest announcement, Starbucks will halt its Odyssey Beta NFT program from March 31. This rewards system, based on

By Web3 Station 18 Mar 2024
Iconic Dogwifhat Meme Image Sold as NFT for $4.3 Million

NFT & GameFi

Iconic Dogwifhat Meme Image Sold as NFT for $4.3 Million

The iconic meme image of the dog behind the Dogwifhat memecoin has been sold as an NFT to crypto investor Gigantic Rebirth Ventures (GCR) for $4.3 million. Iconic Dogwifhat Meme Image Sold as NFT for $4.3 Million The owner of Achi, the dog behind the Solana-based Dogwifhat (WIF)

By Web3 Station 18 Mar 2024
Solana (SOL) Hits $200, Surpasses BNB to Become Top 4 Coin by Market Cap

Big Cap

Solana (SOL) Hits $200, Surpasses BNB to Become Top 4 Coin by Market Cap

Solana (SOL) stands out as the most resilient coin in the current growth season, having officially crossed the $200 USD mark and overtaken BNB to become the 4th most valuable cryptocurrency. Memecoins within the Solana ecosystem are also seeing explosive growth. Solana (SOL) Hits $200, Surpasses BNB to Become Top

By Web3 Station 17 Mar 2024
Solana (SOL) Hits $200, Surpasses BNB to Become Top 4 Coin by Market Cap

Big Cap

Solana (SOL) Hits $200, Surpasses BNB to Become Top 4 Coin by Market Cap

Solana (SOL) stands out as the most resilient coin in the current growth season, having officially crossed the $200 USD mark and overtaken BNB to become the 4th most valuable cryptocurrency. Memecoins within the Solana ecosystem are also seeing explosive growth. Solana (SOL) Hits $200, Surpasses BNB to Become Top

By Web3 Station 17 Mar 2024
ether.fi (ETHFI) Airdropping Tokens on March 18

defi

ether.fi (ETHFI) Airdropping Tokens on March 18

In an announcement made on the evening of March 16, the liquid restaking protocol ether.fi confirmed its plan to conduct an airdrop of ETHFI tokens next Monday, March 18. ether.fi has previously received support from Binance Launchpool and is preparing for its upcoming listing. The ETHFI token'

By Web3 Station 15 Mar 2024
Arbitrum rolls out 'Atlas' upgrade, begins using Dencun's blobs

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Arbitrum rolls out 'Atlas' upgrade, begins using Dencun's blobs

Arbitrum (ARB) has successfully integrated Ethereum's Dencun upgrade into its ecosystem through the ArbOS 20 update, also known as "Atlas." The purpose of Atlas is to reduce transaction fees (gas fees) on the Arbitrum One network by incorporating "blobs," a new layer-2 data storage

By Web3 Station 14 Mar 2024
Arbitrum aims to establish a $400 million fund for blockchain gaming projects

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Arbitrum aims to establish a $400 million fund for blockchain gaming projects

Arbitrum plans to allocate 200 million ARB tokens to nurture blockchain gaming projects on its layer-2 platform over the next two years. Arbitrum Foundation seeks to boost the development of blockchain gaming on the Arbitrum layer-2 by proposing the allocation of 200 million ARB tokens (equivalent to $400 million) for

By Web3 Station 14 Mar 2024
Solana's market capitalization hits a new record, SOL price surges 25% in the month.

Big Cap

Solana's market capitalization hits a new record, SOL price surges 25% in the month.

Solana's market cap reaches a milestone of $81 billion, officially surpassing its previous high set back in November 2021. Market cap of Solana hits new record, SOL price up 25% in the month. Image: CoinDesk Amidst the rapid growth of the cryptocurrency market, Solana stands out with significant

By Web3 Station 14 Mar 2024
Bitcoin (BTC) faced a significant drop to $66,700 as buying pressure from Bitcoin ETFs plummeted.

Big Cap

Bitcoin (BTC) faced a significant drop to $66,700 as buying pressure from Bitcoin ETFs plummeted.

Bitcoin's price dipped more than 4% in just hours as signs emerged of dwindling buying interest from Bitcoin ETFs. Cryptocurrency market fluctuations, screenshot from Coin360 at 10:55 AM on March 15, 2024 On the morning of March 15, the cryptocurrency market witnessed its latest correction after days

By Web3 Station 14 Mar 2024
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