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Hong Kong Central Bank Launches Wholesale CBDC Project to Foster Tokenization
7.3.2024
Hong Kong's central bank has announced the launch of a new project called "Project Ensemble," aimed at supporting the development of the tokenization market in the city-state through a wholesale central bank digital currency (wCBDC).
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Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital Assets
7.3.2024
The upgrade is the first step toward enabling the network’s rollup-centric roadmap, the report said
Bitcoin ETF approval launch can put BTC at $100K by October 2024
7.3.2024
Timothy Peterson, a renowned network economist, expects BTC to go past 100,000 dollars by October 2024. The economist predicts it can happen if the accumulation made by the Bitcoin Spot ETF approval is sustained. Peterson made this prediction on X/Twitter, garnering massive traction among crypto...
Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850?
7.3.2024
MicroStrategy's bold $700M investment and Arizona's ETF proposal stir the Bitcoin market, hinting at a bullish horizon above the crucial $64,850 mark.
The post Bitcoin Price Prediction: MicroStrategy’s $700M Bet & ETF Buzz – Buy Above $64,850? appeared first on Cryptonews
Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows
7.3.2024
BlackRock iShares Bitcoin ETF trading under the ticker symbol “IBIT” has taken in a record daily inflows of $788 million on Tuesday, as the crypto frenzy shows little signs of slowing down in March.
The post Blackrock’s Spot Bitcoin ETF Sees Almost $800M Daily Inflows appeared first on Cryptonews
Bitcoin Will Tumble After Launch of Digital Ruble, Says Russian Economist
7.3.2024
Bitcoin will tumble following the rollout of the digital ruble and other major CBDCs, a Russian economist has claimed.
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No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief
7.3.2024
No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5.
The post No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief appeared first on Cryptonews
BlackRock Bitcoin ETF Sees Record $750 Million Inflows – What’s Going On?
6.3.2024
BlackRock Bitcoin ETF continues its rapid growth, with record-breaking daily inflows and impressive market performance. Analysts weigh in on investor sentiment as Bitcoin ETFs gain momentum, suggesting they could outpace gold ETFs in the near future.
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Digital Assets Innovation Needs to Balance Decentralization and Security
6.3.2024
The immaturity of security controls in DeFi is a challenge for institutional adoption. Here’s how to address that
Report: DCG, Barry Silbert Seek Dismissal of NYAG Lawsuit, Citing ‘Baseless Innuendo’ and Integrity in Operations
6.3.2024
Digital Currency Group (DCG) has submitted a request to the court to drop the legal action taken against it by New York Attorney General Letitia James. DCG argues that it’s “wrongfully” depicted and maintains that the lawsuit is nothing but a “thin web of baseless innuendo.” DCG Challenges...
Bitcoin Record High Would’ve Happened Without ETFs, Just Later, Say Experts
6.3.2024
Bitcoin {{BTC}} reached a highly anticipated new all-time high above $69,000 on Tuesday only two months after the approval and launch of the ten spot bitcoin ETFs. The fast timeline has left people wondering: would the new high have happened so soon if the ETFs hadn’t launched?
UK Regulatory Framework Will Embrace Coexistence of Stablecoins and CBDCs, Aligned with EU Standards
6.3.2024
The United Kingdom is set to embrace the coexistence of stablecoins and central bank digital currencies (CBDCs) in its regulatory framework. This move signifies a strategic alignment with the EU's regulatory framework and will position the UK as a progressive player in the evolving landscape...
Digital Currency Group Files Motion to Dismiss Lawsuit by NY Attorney General
6.3.2024
Digital Currency Group (DCG), the parent company of the now-defunct Genesis Global Capital, has taken action to dismiss the lawsuit filed against it by New York Attorney General Letitia James.
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Blackrock’s Bitcoin ETF Adds 12,623 BTC in Largest Single-Day Purchase Since Launch
6.3.2024
Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has broken its record for the largest single-day bitcoin purchase since its launch. The world’s largest asset manager’s spot bitcoin ETF now holds 183,345 bitcoins. Blackrock Bought...
BlackRock’s Bitcoin ETF Added a Record 12.6K BTC in Tuesday's Carnage
6.3.2024
IBIT’s total inflows surpassed the $9 billion mark on Tuesday and show no signs of easing nearly two months after going live
Digital Currency Group Files for Dismissal of New York Attorney General’s Lawsuit
6.3.2024
The crypto firm's boss, Barry Silbert, also filed a motion to dismiss the Attorney General’s accusation that he concealed losses at the firms and so cheated customers and investors
Hungary Proposes Crypto Law to Regulate Digital Investment Instruments
6.3.2024
The proposed law would regulate the future tradability of digital investment instruments and allow traditional banks to incorporate cryptos.
The post Hungary Proposes Crypto Law to Regulate Digital Investment Instruments appeared first on Cryptonews
Bitstamp Secures In-Principle Approval for Digital Asset Services License in Singapore
6.3.2024
European cryptocurrency exchange Bitstamp has received in-principle approval for its license application to offer digital asset services in Singapore.
The post Bitstamp Secures In-Principle Approval for Digital Asset Services License in Singapore appeared first on Cryptonews
Cryptocurrency Market Correction Triggers $1 Billion Closure of Leveraged Futures Bets
6.3.2024
Bitcoin's recent price correction, following its surge to a new all-time high above $69,000, has resulted in the closure of leveraged perpetual futures bets worth $1 billion across digital asset markets.
The post Cryptocurrency Market Correction Triggers $1 Billion Closure of Leveraged Futures...
SEC Pushes Back Decision on BlackRock, Fidelity's Ether ETF Applications
6.3.2024
The SEC wants to know if the applications for ETFs that hold Ethereum's ether (ETH) are supported by the same arguments that led to the approval of spot bitcoin ETFs