MicroStrategy To Raise $500M For Bitcoin-Buying

Block Ships BitKey Wallets, Tesla To Accept Dogecoin 'At Some Point', Dogwifhat Is 4th Largest Memecoin

Welcome to Coinfeeds Daily Digest! Today we cover Jack Dorsey's company Block shipping the long-awaited advanced Bitkey hardware wallet for Bitcoin, Elon Musk saying that Tesla may accept Dogecoin 'at some point', and Michael Saylor's MicroStrategy announcing an additional raise of $500 million for buying more Bitcoin. Dogwifhat has become the fourth largest meme coin after a raise of over $670,000 in USDC to secure the Las Vegas Sphere for a week for the project. Also, PancakeSwap is set to launch in Q3 a v4 update that will help with fees, impermanent loss, and more.

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MicroStrategy To Raise $500M To Buy More Bitcoin

Michael Saylor's MicroStrategy has announced plans to raise an additional $500 million. This funding is earmarked specifically for purchasing more Bitcoin, further expanding the company's already substantial holdings in the digital currency. This decision comes on the heels of a recent acquisition spree where MicroStrategy invested $821.7 million to buy more Bitcoin. | Read More

Block Ships Bitkey Bitcoin Wallets

Jack Dorsey's fintech company, Block, has officially started shipping its much-anticipated Bitkey Bitcoin wallets. This development comes after a period of pre-orders lasting four months, showcasing the high demand and interest in this innovative product. The wallet consists of a hardware device, a companion phone app, and a set of recovery tools. | Read More

PancakeSwap Unveils Game-Changing v4 Update

PancakeSwap, a leading decentralized exchange, is making headlines with its announcement of an upcoming major update. PancakeSwap's v4 update is a direct response to high gas fees, inflexible pricing models, and the dreaded impermanent loss for liquidity providers, showcasing the platform's commitment to innovation and user satisfaction. | Read More

Tesla May Accept Dogecoin 'At Some Point'

Elon Musk, the CEO of Tesla, has hinted at the possibility of Dogecoin (DOGE) being accepted as a payment method for purchasing Tesla vehicles. This intriguing prospect came to light during an interaction at Tesla's Berlin Gigafactory, where Musk responded positively to a query about buying Teslas with DOGE. This has since sparked a surge 9.3% in Dogecoin’s price. | Read More

Dogwifhat Now 4th Largest Memecoin, To Lights Up Las Vegas Sphere

The Solana memecoin dogwifhat has made headlines by securing a spot on the Las Vegas Sphere for a week. This achievement comes after the project's supporters rallied together to raise over $650,000, specifically, a total of $672,288.156 in USDC. This has also propelled it to become the fourth-largest meme coin by market capitalization, reaching a staggering value of $2.6 billion. | Read More