Cryptocurrency markets are trading relatively flat on Tuesday as GameStop announced the acquisition of Bitcoin for its treasury.
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $88,471.10 | +0.03% |
| Ethereum (CRYPTO: ETH) | $2,079.34 | -0.6% |
| Solana (CRYPTO: SOL) | $145.94 | +2% |
| XRP (CRYPTO: XRP) | $2.46 | -0.3% |
| Dogecoin (CRYPTO: DOGE) | $0.1910 | +1.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00001376 | +0.7% |
Notable Statistics:
- IntoTheBlock data shows large transaction volume increasing by 78% and daily active addresses growing by 30%. Transactions greater than $100,000 are up from 6,350 to 10,665 in a single day. Exchanges netflows are down by 792.4%.
- Coinglass data reports 81,429 traders were liquidated in the past 24 hours for $172.32 million.
- Crypto chart analyst Ali Martinez noted that more than 22,000 BTC were withdrawn from exchanges in the past week.
Notable Developments:
- Trump-Backed World Liberty Financial Confirms Dollar Stablecoin Plans With BitGo
- BlackRock Brings Tokenized Money Market Fund ‘BUIDL’ To Solana
- BlackRock Expands Bitcoin ETF Offering To …
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