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Grayscale Launches Staking Fund with 9 Different Assets

Big Cap

Grayscale Launches Staking Fund with 9 Different Assets

Grayscale, the powerhouse behind the largest Bitcoin spot ETF in the market, has announced a new fund designed to stake specific cryptocurrencies and distribute profits back to investors. The newly launched fund, named GDIF (Grayscale Dynamic Income Fund), encompasses assets from 9 different blockchains: * Aptos (APT) * Celestia (TIA) * Coinbase Staked

By Web3 Station 05 Mar 2024
$880 Million Crypto Liquidated as Bitcoin Returns to ATH - ETF BTC Volume Sets Record $10 Billion

Big Cap

$880 Million Crypto Liquidated as Bitcoin Returns to ATH - ETF BTC Volume Sets Record $10 Billion

The cryptocurrency market experienced 12 hours of intense volatility after Bitcoin surged back to $69,000 for the first time in 2 years. Volatility of top cryptocurrency coins at 09:30 AM on March 6, 2024 As reported by Coin68, Bitcoin (BTC) reached its ATH of $69,000 on the

By Web3 Station 05 Mar 2024
Someone just bought an NFT CryptoPunks for $16 million

NFT & GameFi

Someone just bought an NFT CryptoPunks for $16 million

A CryptoPunks NFT was recently sold for 4,500 ETH, approximately $16 million. This marks one of the most expensive NFT transactions to date. Someone just bought an NFT CryptoPunks for $16 million. Image: Blockworks A user has spent a staggering 4,500 ETH — valued at $16.03 million at

By Web3 Station 05 Mar 2024
Bitcoin Surges to $68,700, Approaching ATH Level

Big Cap

Bitcoin Surges to $68,700, Approaching ATH Level

The world's largest cryptocurrency, Bitcoin, continues its upward trajectory in early March 2024, nearing the ATH of $69,000. Crypto Market Movement at 09:00 AM on 05/03/2024. Source: Coin360 Throughout March 4th and into the morning of March 5th, Bitcoin (BTC) maintained its bullish momentum

By Web3 Station 04 Mar 2024
MicroStrategy Issues $600 Million in Bonds to Acquire More Bitcoin

Big Cap

MicroStrategy Issues $600 Million in Bonds to Acquire More Bitcoin

MicroStrategy, a publicly traded company holding $13.3 billion in Bitcoin (BTC), has announced a private placement of $600 million in convertible bonds targeted at institutional investors. The company intends to utilize the proceeds to purchase additional BTC. MicroStrategy Issues $600 Million in Bonds to Acquire More Bitcoin. Image: Blockworks

By Web3 Station 04 Mar 2024
Tether (USDT) Supply Surpasses $100 Billion for the First Time

Big Cap

Tether (USDT) Supply Surpasses $100 Billion for the First Time

Tether (USDT), the largest stablecoin in the crypto industry, has for the first time achieved a market capitalization exceeding $100 billion, driven by surging investment demand from the market. Tether (USDT) Supply Surpasses $100 Billion. Image: Decrypt On the morning of March 5th, amidst Bitcoin surpassing $68,600 and nearing

By Web3 Station 04 Mar 2024
ETH Staking on Beacon Chain Hits New Highs

Big Cap

ETH Staking on Beacon Chain Hits New Highs

More than 31.5 million ETH, valued at $115 billion, is currently staked on the Ethereum Beacon Chain, equivalent to nearly 26% of the network's total supply. ETH staking on Beacon Chain continues to set new highs Data from Dune Analytics reveals that over 31.5 million Ether

By Web3 Station 04 Mar 2024
Bitcoin Dumps $5,500 After Returning to ATH of $69,000

Big Cap

Bitcoin Dumps $5,500 After Returning to ATH of $69,000

The world's largest cryptocurrency, Bitcoin, faced a wave of profit-taking from investors immediately after reaching the all-time high (ATH) of $69,000 for the first time in over 2 years. Bitcoin dumps $5,500 after returning to ATH of $69,000 On the evening of March 5th, Bitcoin

By Web3 Station 04 Mar 2024
ether.fi Collaborates with Omni Network to Deploy AVS Network on EigenLayer

DeFi

ether.fi Collaborates with Omni Network to Deploy AVS Network on EigenLayer

Liquid Restaking protocol ether.fi has recently secured an agreement to delegate $600 million worth of ETH to ensure the security of the Omni Network. Partnership Details Omni Network is designed to help Ethereum Rollups scale, communicate, and reduce latency. Both Omni and ether.fi have committed to using EigenLayer’

By Web3 Station 03 Mar 2024
Ethena Proposes Adding sUSDe as Collateral Asset on Aave V3

DeFi

Ethena Proposes Adding sUSDe as Collateral Asset on Aave V3

In a recent development, Ethena, the project behind the USDe stablecoin, has announced a preliminary proposal to integrate sUSDe into the Aave V3 platform. Proposal Details The proposal, currently in the form of a Temperature Check (a preliminary opinion poll), was posted on the Aave discussion forum on the evening

By Web3 Station 03 Mar 2024
Bitcoin Hits New ATH in GBP, EUR, and Many Asian Currencies

Big Cap

Bitcoin Hits New ATH in GBP, EUR, and Many Asian Currencies

Bitcoin is currently consecutively setting new all-time highs (ATH) when paired against various national fiat currencies, including the British pound, euro, South Korean won, Japanese yen, Chinese yuan, and even the Vietnamese dong. Bitcoin Hits New ATH in GBP, EUR, and Many Asian Currencies. Image: Reuters Bitcoin (BTC), the largest

By Web3 Station 03 Mar 2024
Uniswap Opens Voting on Fee-Sharing Proposal, UNI Price Surges

DeFi

Uniswap Opens Voting on Fee-Sharing Proposal, UNI Price Surges

The price of Uniswap’s governance token UNI continues its impressive rally as the decentralized exchange (DEX) opens voting on a proposal to share revenue with users staking UNI. Background on the Proposal As reported by Coin68, Uniswap recently proposed a groundbreaking idea in the DeFi space: sharing fees with

By Web3 Station 01 Mar 2024
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