An early investor in the meme-inspired cryptocurrency $PEPE has recently cashed out a significant profit. They initially invested a small amount, just over $460, and have now made around $3.4 million, marking an impressive gain of nearly 740,000%.
Read MoreInvestment activity in crypto and blockchain start-ups is surging, with the first quarter of 2024 witnessing a total investment of $2.52 billion, a notable 25% increase from the previous quarter, as reported by PitchBook.
Read MoreRecent on-chain data indicates that Litecoin whales have collectively engaged in a buying spree, amounting to approximately $230 million. This significant investment surge suggests a potentially bullish outlook for the coin.
Read MoreParam Labs, a gaming infrastructure developer based in the UAE, has secured a significant investment of $7 million to bolster the development of their Web3 gaming ecosystem.
Read MoreIn a notable indication of increasing acceptance within mainstream finance, Morgan Stanley has disclosed a substantial investment of $269.9 million in Bitcoin through Grayscale’s GBTC trust, as noted in its first-quarter 13F filing.
Read MoreOn May 16, there was a notable increase in inflows for the US spot Bitcoin ETF, reaching $257 million. This surge can be attributed to the rising optimism and enthusiasm surrounding Bitcoin ETFs.
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