Global Hive Buzz

Coinbase Set to Add Solana’s BONK, Meme Coin Surges Over 8%

With a remarkable 410% surge in the past month, BONK has emerged as the leading performer among dog-themed coins.

Coinbase, the prominent U.S.-based cryptocurrency exchange, revealed its plan to list Bonk (BONK), a dog-themed token on the Solana blockchain.

The inclusion of assets like BONK in Coinbase's roadmap signifies the exchange's decision to list the token, aiming to enhance transparency and provide information symmetry, as stated in a Coinbase announcement.

Similar to other dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), BONK has garnered significant popularity among meme coin enthusiasts. In the past month alone, BONK experienced a remarkable 416% surge, outpacing the gains of more established dog tokens DOGE and SHIB during the same period.

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BlackRock's Bitcoin ETF Now Welcomes Involvement from Wall Street Banks

A modification to the structure of BlackRock's proposed spot bitcoin ETFs enables authorized participants (APs) to create new shares in the fund using cash, providing an opportunity for banks that cannot directly hold cryptocurrencies.

The adjustment in the mechanics of BlackRock's proposed spot bitcoin (BTC) ETF opens avenues for Wall Street banks, overcoming limitations on holding cryptocurrencies, to assume a significant role.

BlackRock has recently fine-tuned the ETF's structure, permitting authorized participants—integral players in the ETF ecosystem—to generate new fund shares using cash, not exclusively relying on cryptocurrency.

There's a growing sense of optimism regarding SEC approval for spot bitcoin ETFs, potentially revolutionizing the digital assets industry by attracting substantial investments from retail investors.

This modification positions banks to actively participate in the market, contributing to the expansion of liquidity providers.

Trump Unveils Latest NFT Mugshot Collection

Former President Donald Trump has introduced a new NFT collection named the 'Mugshot Edition,' a witty reference to the recent legal challenges faced by the prominent Republican figure.

A fresh NFT collection by Donald Trump is creating a buzz across the internet.

On December 12, 2023, Trump utilized Truth Social to reveal the launch of a new NFT series featuring a notorious mugshot taken when the former President was booked in an Atlanta-area jail last August, facing charges related to conspiring to overturn Georgia’s election results.

“It was a fantastic suit, believe me, a really good suit. It’s all cut up, and you’re gonna get a piece of it,” Trump stated in a video on Truth Social.

In August 2023, Trump disclosed investments ranging from $250,000 to $500,000 in various cryptocurrencies.

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