Dogecoin briefly became the 4th largest cryptocurrency by market capitalization before its very own ‘Dogeday’. The meme cryptocurrency is up 340% in the past week and briefly replaced XRP as the 4th largest cryptocurrency by market capitalization. According to CryptoCompare data Dogecoin has topped the volume rankings with $20.9 billion traded in the past 24 hours.
After Coinbases historic direct listing on the Nasdaq exchange several executives have sold billions of dollars worth of equity. According to data from Capital Market Laboratories 12,965,079 shares worth $4.6 billion were sold by insiders. CEO Brian Armstrong sold 749,999 shares worth just over $291 million.
OKEx has gone live with Bitcoin lightning network deposits and withdrawals and is the 7th major exchange to adopt the scaling solution. The integration will allow users to send faster and cheaper transactions than on Bitcoin’s primary network. The solution is best suited for smaller transactions that don’t require the same degree of finality as larger transactions might.
This Thursday, 22 April at 9am EST / 2pm BST, hear a live panel on Institutional Mining featuring speakers from Bitfarms, Compute North, MicroBT, BlockFills, and Bytetree.
Top stories in the Crypto Roundup today:
- Dogecoin Briefly Becomes the 4th Largest Cryptocurrency on ‘Dogeday’
- Coinbase Executives Sold Billions in Equity Shortly After COIN Listing
- OKEx Launches Bitcoin Lightning Network Deposits and Withdrawals
- Join The Digital Asset Trading and Technology Series panel on Mining this Thursday