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Cryptocurrency News Articles
BlackRock's Bitcoin ETF (iShares Bitcoin Trust) Recently hit a new high, recording over $4.1 billion in daily trading volume
Nov 13, 2024 at 09:04 pm
This achievement comes amid renewed interest in crypto assets, driven by the recent U.S. presidential election and market optimism around a pro-crypto administration.
BlackRock's Bitcoin ETF hit a new all-time high recently, recording over $4.1 billion in daily trading volume. This surge comes amid renewed interest in crypto assets, driven by the recent U.S. presidential election and market optimism around a pro-crypto administration.
Together with the massive surge in BlackRock's ETF, meme tokens like Floki Inu (FLOKI) and innovative projects like Yeti Ouro (YETIO) are gaining traction among investors looking to maximize their returns this November.
BlackRock's Bitcoin ETF Sets A New Trading Record
Earlier this month, world's largest asset manager BlackRock saw its Bitcoin ETF biggest trading day ever following the U.S. election results. The iShares Bitcoin Trust (IBIT) witnessed a trading volume of over $4.1 billion in a single day.
To put this into perspective, this volume surpassed that of well-established stocks like Berkshire Hathaway, Netflix, and Visa.
According to a tweet by Balchunas, a renowned analyst, “$IBIT just had its biggest volume day ever with $4.1b traded. For context, that’s more volume than stocks like Berkshire, Netflix, or Visa saw today. It was also up 10%, its second-best day since launching. Some of this will convert into inflows likely hitting Tuesday or Wednesday night.”
Floki Inu (FLOKI) Gains Momentum
Meanwhile, meme coin Floki Inu (FLOKI) is also seeing a significant uptick in interest. The token is currently trading at $0.000188, with a 24-hour trading volume of $760 million. Floki has risen 4.17% in the last 24 hours, pushing its market cap to over $1.8 billion.
At 56th by market capitalization, the asset continues to grow in popularity among meme coin enthusiasts.
Yeti Ouro (YETIO) Taking Over the P2E Market And Attracting Early Investors
Another project that is drawing significant attention this November is Yeti Ouro (YETIO), which is currently in its presale phase. Already $250k has been raised in the first few weeks of presale.
Yeti Ouro is taking over the Play-to-Earn (P2E) gaming sector with its highly anticipated game, Yeti Go. Built on the Ethereum blockchain and powered by the Unreal Engine, Yeti Go offers players the opportunity to earn YETIO tokens through thrilling racing challenges.
The capped supply of 1 billion YETIO tokens is creating a sense of scarcity, driving early investors to accumulate the token in anticipation of its official game launch. With the Play-to-Earn market booming in 2022, Yeti Ouro aims to be at the forefront by offering a unique combination of high-quality gameplay and rewarding tokenomics. As a result, early investors are guaranteed a high RIO (return on investment) this November.
Join the Yeti Ouro Community
Website: https://yetiouro.io/
X (Formally Twitter): https://x.com/yetiouro
Telegram: https://t.me/yetiouroofficial
Discord: https://discord.gg/YtUsEZ2ZrV
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- Bitcoin Crosses $93K Mark, Reaching a New All-Time High as It Continues Its Recent Upward Trend
- Nov 14, 2024 at 06:15 pm
- The surge was attributed to increased optimism around a potentially crypto-friendly regulatory stance from President-elect Donald Trump, alongside expectations of further interest rate cuts by the US Federal Reserve.
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- Shiba Inu, Ripple, and DTX Exchange are now among the most successful cryptos to invest in, as the market recovery indicates a bullish outcome in the coming days
- Nov 14, 2024 at 06:15 pm
- While Shiba Inu (SHIB) and Ripple (XRP) both suggest a potential price surge in the near term, DTX Exchange (DTX) has maintained its presale performance static for the last few weeks. Such potential in a DeFi token shows its long-term viability in comparison to other crypto giants.