Author: John Smith

Bitwise Asset Management’s Dogecoin exchange-traded fund has moved a step closer to launch, with NYSE Arca filing a 19b-4 proposal to list and trade its shares. According to a March 3 filing, the proposed rule change would allow the exchange to offer the Bitwise Dogecoin ETF, giving investors direct exposure to the popular memecoin on the New York Stock Exchange subsidiary. The ETF is structured as a Delaware statutory trust and will be managed under a trust agreement, with Bitwise acting as the sponsor.  The fund’s goal is to track Dogecoin’s value while covering its operational costs, with net asset…

Bybit’s CEO says more than $200 million of the $1.46 billion stolen from the exchange has become untraceable due to mixing services. Bybit‘s CEO Ben Zhou says nearly 20% of the funds are now untraceable, just less than two weeks after the exchange lost over $1.4 billion in a highly sophisticated attack by North Korea-backed hackers. In an X post on March 4, Zhou shared an update on the ongoing investigation into the cyberattack, revealing that around 77% of the stolen funds remain traceable, but nearly 20% has “gone dark” through mixing services. 3.4.25 Executive Summary on Hacked Funds: Total…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin could dip below $80k, sparking market concerns. Meanwhile, this altcoin surges in presale, offering investors a chance at major gains. The market is seeing a significant drop, registering significant liquidations for investors, especially with the current Bitcoin price dropping to $80,000. While Bitcoin continues to grapple with its next bottom, altcoins are stealing the spotlight. RCO Finance (RCOF) is making waves, surging in popularity as its presale gathers momentum. With Bitcoin’s price hovering near critical levels and analysts…

The crypto market is back on the decline only a day after it received a much-needed boost from Trump’s crypto reserve announcement. Here’s why crypto is down today. According to data from crypto.news, the top six largest tokens by market cap have gone down in value in the past 24 hours, ranging from 7% to a 20% decline. The overall crypto market cap has plummeted by 10.4% to $2.8 billion. Just a day before, the crypto market cap surged to as high as $3.2 billion after President Donald Trump reaffirmed his commitment to establishing a national crypto reserve with major…

Futures open interest in key cryptocurrencies has fallen sharply, indicating traders are reducing positions amid macroeconomic uncertainty. Crypto traders are scaling back long positions as uncertainty builds, with futures open interest dropping sharply amid trade war worries and the Fed’s tough stance. In a March 4 post on X, Singapore-based blockchain firm Matrixport revealed that Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures have seen a huge drop in open interest. “Notably, Ethereum’s open interest has dropped back to levels last seen in the summer of 2024. Despite Trump’s recent tweet about a potential Strategic Bitcoin Reserve and the upcoming…

Ethena token unlock will release $728 million worth of tokens on March 5, adding 2.07 billion ENA into circulation. According to data from Tokenomist, this unlock accounts for 66.19% of its total supply. Ethena (ENA) currently has 3.13 billion tokens in circulation and a $1.08 billion market capitalization. This comes as Ethena’s stablecoin, Ethena USDe (USDe), saw its largest-ever single-day redemption on March 1, with 268 million USDe withdrawn, reducing the total supply by 4.7%. ENA has dropped 18% in the past 24 hours. On the technical side, ENA is currently trading at $0.3476 and is clearly on a downtrend. Strong…

ChatGPT is an AI model developed by OpenAI, designed to generate human-like text based on the input it receives. It stands for “Chat Generative Pre-trained Transformer.” Essentially, it’s a sophisticated language model that can understand and generate text in a conversational manner. ChatGPT is trained on a vast amount of text data and uses a deep learning architecture called Transformers to understand and generate responses to prompts or questions. It’s used in various applications, including chatbots, virtual assistants, content generation, and more, to simulate human-like conversation and provide useful responses to users. The key features of ChatGPT include: Natural Language…

This article will give you a basic overview of crypto staking, how staking comes into the crypto world and how it can benefit the users with rewards. After that, we will also go through some topics like why exchanges reward you for staking, which exchanges and coins support staking, and how much reward you can earn by staking. In the end, we will discuss the risks involved in staking. Summary(TL;DR) Proof of Work is a traditional consensus protocol where miners verify the transactions and create new blocks. This process involves solving simple but computational heavy math puzzles.Proof of Stake protocol allows…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Shiba Inu, FloppyPepe, and Pepe are top crypto tokens with the potential to grow from $20k to $1 million within a short period of time. Turning $20k to $1 million within a short period isn’t uncommon in the crypto world. In 2025, investors can make this happen by investing in some crypto tokens. Based on their potential, Shiba Inu (SHIB), FloppyPepe (FPPE), and Pepe (PEPE) can surge massively, turning a $20k portfolio into a million-dollar bag.  FloppyPepe, the million-dollar…

GPS, the GoPlus Security native token, is making its Binance debut with an airdrop event prior to its listing. The token has surged more than 15% since its listing announcement. On March 4, Binance announced it will be distributing GoPlus Security tokens to its BNB (BNB) users one hour before the token’s listing on the exchange platform. The token will be available for trading on March 4 at 13:00 UTC. For GoPlus’ token, Binance will provide open trading for USDT (USDT), USDC (USDC), BNB, FDUSD (FDUSD), and TRY pairs Binance users who have BNB subscribed to Simple Earn and/or On-Chain…