Are meme coins a legitimate investment now? Well, Wall Street seems to think so. Last week, REX Financial and Osprey Funds launched the first Dogecoin exchange-traded fund (ETF). Basically, an ETF is a bundle of assets, which can include stocks, bonds, commodities, and now memecoins, that trades on the stock market as a single stock. […]
Bitcoin Flash Crash Roils Crypto Market
Crypto prices dipped Monday following a so-called flash crash of Bitcoin on Sunday. And while Ethereum dipped as well, the second most popular cryptocurrency is still up significantly on the month. Bitcoin’s weekend crash is being blamed on a single whale who sold 24,000 Bitcoin, according to crypto watchers on X. Bitcoin’s most recent peak […]
Crypto Prices Plunge After Shock Inflation Report
The biggest cryptocurrencies in the world dipped sharply Thursday after the latest inflation data showed wholesale prices are rising much faster than expected. The price of Bitcoin is down 3.8% on the day ($117,900), Ethereum is down 4% ($4,535), and Ripple is down 6.1% ($3.07) according to CoinMarketCap. Crypto prices are responding to the Producer […]