Grayscale launches Dogecoin investment fund
Grayscale Investments has unveiled a dedicated investment fund for Dogecoin, the leading memecoin by market capitalization, the asset manager announced on January 31. The Grayscale Dogecoin Trust provides institutional investors with exposure to Dogecoin, which is described as “the native asset of the Dogecoin blockchain, an open-source, peer-to-peer digital currency originally forked from Litecoin, which […]
Bitcoin’s February Surge Depends on Upcoming Labor Market Data
Bitcoin’s price trajectory in February could be heavily influenced by an upcoming US labor market report, which may shape investor sentiment as March approaches. The US Bureau of Labor Statistics is scheduled to release its latest labor market data on February 7. According to Ryan Lee, chief analyst at Bitget Research, the findings could play […]
Bitcoin ETFs Exceed $125B as BlackRock’s IBIT Climbs to 31st Globally
The market for US spot Bitcoin exchange-traded funds (ETFs) has hit a remarkable milestone, signaling increasing institutional interest in the leading cryptocurrency. As of January 30, these ETFs collectively hold over $125 billion worth of Bitcoin, representing approximately 6.05% of the total BTC supply, according to data from Dune Analytics. This achievement comes just a […]
