Dogecoin led the gains, trading just under 3% higher, after influential retail investor Keith Gill disclosed a $180 million position in Gamestop, sending GME up around 80% in pre-market trading. Meme stock surges are often seen as a bullish indicator for meme coins such as DOGE.
Australia's first bitcoin ETF will begin trading on the Cboe Australia exchange. Monochrome Asset Management's product (IBTC) will be the only ETF to hold bitcoin directly in the country, providing direct exposure to bitcoin for Australian investors.
The crypto industry gathered about $161 million after Coinbase donated $25 million to its political action committees. This donation potentially makes Coinbase's campaign-finance operations among the most formidable in the U.S.
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