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Solana-based memecoin dogwifhat has gained over 50% since its listing on Binance yesterday to reach a new all-time high of around $2.16.Dogwifhat has outperformed its memecoin peers in the last 24 hours — gaining more than 17% compared to a 7% gain for pepe.
BlackRock’s IBIT spot bitcoin ETF hit record daily inflows of $788.3 million on Tuesday.The combined U.S. spot bitcoin ETFs also generated a new record daily trading volume of nearly $10 billion yesterday.
The past 24 hours were highly volatile in the crypto markets, leading to over $1 billion in liquidations.
Quick Take: WOOFi reported an $8.75 million exploit on its swap service on Arbitrum. The team offered the unknown attacker a 10% white hat bounty in exchange for return.
Market trends suggest that investors are turning to gold and Bitcoin as a hedge against uncertain global conditions.
ETF performance coincides with BTC reaching a new all-time high.
Out of 10 approved ETFs, Grayscale Bitcoin Trust (GBTC) and Invesco Galaxy Bitcoin ETF (BTCO) were the only two record net outflows on March 5, worth $332.5 million and $14.2 million, respectively.
Billions of dollars in leverage was wiped from the crypto market as Bitcoin plunged 14% in a few hours after briefly notching a new all-time high.