$1M – $10M MarketCap:

1. Only1 (LIKE): 38%
2. Bitforex Token (BF): 33%
3. DOSE (DOSE): 10%
4. Dmail (DMAIL): 9.8%
5. GensoKishi Metaverse (MV): 8.6%

$10M – $100M MarketCap:

1. Pangolin (PNG): 35%
2. BitMart Token (BMX): 27%
3. Shiba Saga (SHIA): 24%
4. DIA (DIA): 17%
5. Nosana (NOS): 17%

$100M – $1B MarketCap:

1. ZetaChain (ZETA): 156%
2. Victoria VR (VR): 35%
3. Pyth Network (PYTH): 29%
4. PepeFork (PORK): 20%
5. Numeraire (NMR): 13%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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In a groundbreaking development, the cryptocurrency world has witnessed the approval of Bitcoin ETFs, marking a monumental moment for Bitcoin despite an initial value drop of 10%. This approval has not only sparked interest but has also led to significant accumulation by institutional giants like BlackRock, signaling a bullish outlook for Bitcoin’s future. With the introduction of 11 spot Bitcoin ETFs by major entities such as Grayscale, Fidelity, and WisdomTree, holding approximately 3.3% of Bitcoin’s supply, the path towards mainstream acceptance seems more concrete than ever. This strategic move by institutions, along with growing enthusiasm from retail investors, lays the groundwork for potential price increases. The anticipation surrounding the upcoming Bitcoin halving event in April, which is expected to slash supply and potentially boost prices, further fuels optimism. With 19.61 million Bitcoins currently in circulation, the convergence of these factors points to a promising future for Bitcoin’s value and its trajectory towards widespread adoption.

Data

Digital asset investment firm, Valkyrie, has become the first spot Bitcoin Exchange-Traded Fund (ETF) to diversify the custody of its coins, according to a recent Securities and Exchange Commission (SEC) filing. In a move to enhance security and reliability, Valkyrie is now working with leading custodian provider BitGo, already in addition to Coinbase, to safeguard their funds.

The filing, dated February 1, 2024, is an attempt by Valkyrie to strengthen the security infrastructure of its spot Bitcoin ETF by engaging multiple custody providers. The collaboration with BitGo aims to optimize for the safety of their bitcoin by diversifying the funds that were all previously held with…

Read more on BitcoinMagazine

In a significant boost for Bitcoin, Garbor Gurbacs, a renowned digital assets strategist at VanEck and Tether, has delivered an optimistic message to the cryptocurrency world. Utilizing his platform on Twitter/X, Gurbacs emphasized a crucial development in the Bitcoin landscape. His bullish proclamation centers on the staggering rate at which spot Bitcoin Exchange-Traded Funds (ETFs) are purchasing and storing Bitcoin. According to Gurbacs, these ETFs are currently securing approximately 4,700 BTC daily into cold storage. This rate vastly outpaces the daily production rate of Bitcoin, which stands at 900 BTC. By acquiring over five times the amount of Bitcoin mined each day, these ETFs are not only underscoring the growing institutional interest in Bitcoin but also potentially influencing its scarcity and value. Gurbacs’s statement serves as a beacon of optimism, suggesting a robust and bullish future for Bitcoin in the financial landscape.

Twitter

Last year, I planned a hike through El Boquerón, a national park atop the San Salvador Volcano that features a scenic crater, as well as a tiny crater within that crater called Boqueroncito (”Little Boquerón”), which I find adorable. In true millennial fashion, I consulted a handful of travel blogs to make sure I was well-prepared for the trip.

A blog entry by a couple of tourists caught my attention. Be careful to avoid the advanced hike route, it read, as you might run into aggressive stray dogs.

Now, getting bitten by a dog and then spending hours seeing my life flash before my eyes as I rushed to the nearest hospital wasn’t really appealing to me. Suddenly unsure of my plans,…

Read more on BitcoinMagazine

2023 witnessed Core Scientific’s rise to prominence as the titan of North America’s crypto mining scene, securing its status by mining an impressive 19,274 Bitcoin, thereby amassing a fortune of $812 million. This landmark achievement propels the company to the forefront of the Bitcoin mining industry, showcasing its operations across strategic locations in the U.S., including Georgia, Kentucky, North Carolina, North Dakota, and Texas. Boasting a robust infrastructure with approximately 209,000 Bitcoin miners and an unparalleled energized hash rate of 23.2 exahashes per second, Core Scientific not only emphasizes its mining capabilities but also its dedication to sustainable practices, delivering over 131,000 megawatt-hours to local energy grids in 2023.

Overcoming its Chapter 11 bankruptcy filing in December 2022, the company showcased resilience and strategic acumen by relisting on the Nasdaq in January 2024. This narrative is not just about survival but also about thriving in the competitive Bitcoin mining landscape, marking a significant milestone in the commercialization and technological advancement of crypto mining. Core Scientific’s journey from adversity to a leading position epitomizes the potential and profitability of the Bitcoin ecosystem.

Twitter

BIGCAP COINS:

1. Solana: Market Cap of $42.2 Billion.
2. Sui: Market Cap of $1.7 Billion.
3. Bitcoin: Market Cap of $838 Billion.

MIDCAP COINS:

1. Jupiter: Market Cap of $823 Million.
2. ZetaChain: Market Cap of $228 Billion.
3. Manta Network: Market Cap of $794 Million.

RISING COINS:

1. PepeFork: Market Cap of $272 Million.
2. SatoshiVM: Market Cap of $23.7 Million.
3. Peapods: Market Cap of $67.1Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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