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Kraken introduces institutional business solutions
28.2.2024
A competitor, Kraken, has introduced institutional business solutions in response to the precipitous rise of Coinbase in the spot bitcoin ETF custody market. Considering the increasing preference for spot bitcoin ETFs over traditional financial institutions, this is, therefore, the case. Nearly...
Solana Foundation announces the Solana Renaissance Hackathon
28.2.2024
Solana has announced its Solana Renaissance Hackathon, powered by Colosseum. The online hackathon will run from March 4 to April 8, with several prizes on offer. The announcement was made on the Solana Foundation’s official X/Twitter channel. The tweet read that prizes and pre-seed funding for...
Akash Network’s AKT rises 10% as Coinbase adds it to its roadmap
28.2.2024
Coinbase has announced that it is adding Akash Network to its roadmap. That signals the potential listing of AKT on the platform, enabling customers to trade the token in the market. It caused a surge of nearly 10% in the valuation. While AKT has retraced to a lower value, the community is ready...
Crypto Investment Firm Deus X Capital to Acquire HAYVN for Undisclosed Amount
28.2.2024
Family office-backed cryptocurrency investment firm, Deus X Capital, has agreed to acquire institutional digital assets firm HAYVN for an undisclosed amount.
The post Crypto Investment Firm Deus X Capital to Acquire HAYVN for Undisclosed Amount appeared first on Cryptonews
The rising dominance of mobile iGaming with Bitcoin!
28.2.2024
The intersection of the mobile iGaming industry and cryptocurrencies has given birth to a revolutionary concept known as Bitcoin mobile iGaming. This has become an emerging sector, experiencing remarkable innovation and growth and presenting challenges and opportunities for players and developers....
Bitcoin Price Crosses $59,000 Amid Wider Crypto Rally
28.2.2024
The price of Bitcoin (BTC) has crossed the $59,000 mark amid a notable rally within the broader cryptocurrency market.
The post Bitcoin Price Crosses $59,000 Amid Wider Crypto Rally appeared first on Cryptonews
Senator Elizabeth Warren Advocates for a “Level Playing Field” and Regulations in Crypto and AI
28.2.2024
United States Senator Elizabeth Warren has emphasized the need for a legal "level playing field" in the cryptocurrency industry and has called for restrictions on major tech companies' development of artificial intelligence (AI) models.
The post Senator Elizabeth Warren Advocates for...
Lemon Report: Argentina Leads Crypto Adoption in Latam; Tether Dominates Stablecoin Sector
28.2.2024
Argentina is leading the adoption of cryptocurrency in Latin America. According to a report titled “Argentina Crypto Capital,” produced by Lemon, a leading exchange in the country, four of every ten cryptocurrency apps in Latam are being used by Argentines, with over 70% of...
Peruvian Stock Exchange Announces Bitcoin Spot ETF Listings
28.2.2024
The Lima Stock Exchange, the main Peruvian exchange, announced the inclusion of three different bitcoin spot ETF instruments in its trading platform. Ishares Bitcoin Trust (IBIT), Vaneck Bitcoin Trust (HODL), and Invesco Galaxy Bitcoin (BTCO) will be the instruments made available for Peruvians...
CBDC Anti-Surveillance State Act Back in the Senate
28.2.2024
The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is pivotal,” said one senator who supports the bill. A central bank...
Peter Brandt Raises Bitcoin Price Target to $200,000 for the Current Bull Market Cycle
28.2.2024
Veteran trader Peter Brandt has provided an update on his bitcoin price prediction. He explained that the price target for “the current bull market cycle” scheduled to end in Aug/Sep next year has been raised from $120,000 to $200,000. Peter Brandt on Bitcoin Bull Market Cycle Peter...
$30 Billion Investment Platform Approves 4 Spot Bitcoin ETFs for Clients
28.2.2024
Carson Group, an investment platform with $30 billion in assets under management, has reportedly approved four spot bitcoin exchange-traded funds (ETFs) on its platform. The approved funds include Blackrock’s Ishares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC). “We...
Russia Hints at Development of CBDC-Based BRICS Bridge Payments System
27.2.2024
Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current...
Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost
27.2.2024
On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings...
Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days
27.2.2024
Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making...
4-Day $3.77 Billion Boost in Meme Coin Sector Led by PEPE, WIF, and BONK
27.2.2024
In recent times, the meme coin sector has experienced a significant increase, climbing over 13% in the past 24 hours. In the span of the last four days, the meme token economy has expanded by $3.77 billion, with tokens such as pepe (PEPE) and corgiai (CORGIAI) achieving gains in the double digits....
Bitcoin Futures’ Open Interest Reaches Lifetime High, Surpassing 2021 Bull Run
27.2.2024
Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $57,000 range for the first time since Nov. 2021. This upward trend in value has stimulated bitcoin-based derivatives, causing open interest in bitcoin...
Bitcoin pulls up as Ethereum stalls for a while
27.2.2024
Ethereum has been stalled for a while at the value of $3,261.86. It manages to stick to the current resistance of $3,200. However, it comes at a time when Bitcoin is pulling its value to a higher mark. Currently exchanging hands at $56,562.29, BTC is poised to test the resistance of $60,000 soon....
9 Spot Bitcoin ETFs Break All-Time Daily Volume Record
27.2.2024
Nine recently launched spot bitcoin exchange-traded funds (ETFs) broke their all-time daily volume record on Monday as the price of bitcoin soared. “It’s official…the new nine bitcoin ETFs have broken all-time volume record today with $2.4b,” said a Bloomberg...
ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra
27.2.2024
ETC Group, a prominent provider of digital asset-backed securities, has expanded its cryptocurrency product range by introducing an Ethereum (ETH) staking exchange-traded product (ETP).
The post ETC Group Launches Ethereum-Tracking ETP on Deutsche Börse Xetra appeared first on Cryptonews