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Grayscale Debuts Privacy-Focused ETF Featuring Zcash Trust Allocation
22.2.2024
According to a recent Form N-1A, Grayscale has approached the U.S. Securities and Exchange Commission (SEC) with a proposal for a unique exchange-traded fund (ETF) dedicated to the privacy and cybersecurity realm. The Grayscale Privacy ETF aims to be the first to encapsulate the burgeoning sector...
ECB Officials' Statement on Bitcoin's Failed Promise and ETFs
22.2.2024
"Bitcoin has failed on the promise to be a global decentralised digital currency and is still hardly used for legitimate transfers. The latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment," two ECB officials wrote in a blog post
LBank Labs Leads Investment Round in FortyTwo, Pioneering UX Frontend for Interchain DeFi
22.2.2024
PRESS RELEASE. LBank Labs, a leading blockchain investment fund of $100M AUM announced today its participation in a strategic funding round for FortyTwo, a revolutionary UX frontend for decentralized finance (DeFi) across the interchain ecosystem. The investment round also saw participation from...
Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB
22.2.2024
Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags...
Meltem Demirors in Coinshares Reshuffle, No Longer on Executive Committee
22.2.2024
Meltem Demirors, the former chief strategy officer of CoinShares, was part of a reshuffle at the firm and is no longer on the executive committee.
The post Meltem Demirors in Coinshares Reshuffle, No Longer on Executive Committee appeared first on Cryptonews
First Mover Americas: AI Mania Heats Up
22.2.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin outlook 2024: Trends, challenges, and potential outcomes
22.2.2024
Bitcoin made its grand debut in 2009 and reshaped the world of global finance, which has been evidenced by reaching milestones in 2017 when its value surged. Increasingly integrated into payment systems and into mainstream investments, Bitcoin has reached broader acceptance from all types...
Non-Fungible Items; Picking up Where NFTs Left off — COZ Co-Founder Tyler Adams
22.2.2024
Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple’s ‘The 5000 Days’ collection selling for a staggering $69.3 million. However, not substantiated by anything beyond the hype,...
Binance Coin Price Prediction as BNB Becomes Top 4 Coin in the World – Time to Buy?
22.2.2024
Binance’s BNB token has flipped Solana to become the fourth largest cryptocurrency by market capitalization, according to data by CoinGecko. The two leading altcoins had seriously divergent price movements over the last seven days. BNB grew 10% while SOL dropped by 9.4%. BNB currently changes...
Bitcoin ETF Approval Comparable to 'Naked Emperor’s New Clothes,’ ECB Officials Say
22.2.2024
The U.S. SEC’s approval of multiple spot ETFs and the billions of dollars that have poured in since doesn't make Bitcoin a good investment or a better means of payment, the central bankers said in a blog post
ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment or Investment
22.2.2024
The European Central Bank (ECB) has reiterated its position on Bitcoin (BTC), stating that the approval of spot ETFs for the cryptocurrency does not change its unsuitability as a means of payment or investment.
The post ECB Says ETF Approval Does Not Change Bitcoin’s Unsuitability as Payment...
Privacy Coins Under Attack – Not Down for the Count Yet
22.2.2024
The delisting of monero by Binance marked a significant turning point for privacy coins, showcasing the growing impact of regulatory demands on privacy-focused projects, while also spotlighting emerging projects like Zano that aim to navigate these challenges. Regulatory Pressures Set to Reshape...
Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant
22.2.2024
Bitcoin (BTC) has recorded massive growth in price amid institutional inflows this year following spot ETF approval by the United States Securities and Exchange Commission (SEC).
The post Bitcoin Whale Addresses Surge Following Spot ETF Approval: CryptoQuant appeared first on Cryptonews
Stablecoin Issuer Circle Announces Discontinuation of USDC Support on Tron Blockchain
22.2.2024
The U.S. financial technology firm Circle said on Feb. 21 that it will discontinue support for USDC on Tron blockchain. The move comes just a few months after Circle refuted allegations that it was Tron blockchain founder Justin Sun’s bank. Despite discontinuing support for USDC on Tron...
Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next?
22.2.2024
Amid a slight dip to $51,400, Bitcoin's future teeters on global trends and a stalled Senate, sparking intense speculation on its next big move.
The post Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next? appeared first on Cryptonews
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia's Earnings Rejuvenates AI-Tokens
22.2.2024
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices
Report: Bankman-Fried Stands by Legal Team Amid Potential Conflict of Interest
22.2.2024
Sources report that Sam Bankman-Fried (SBF), the erstwhile crypto magnate and former head of FTX, intends to utilize his newly appointed legal team, despite these attorneys also serving Alex Mashinsky, the former chief of Celsius. On Wednesday, in a courtroom declaration, SBF confirmed his complete...
Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF
22.2.2024
Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based on crypto tokens other than bitcoin. “I think it’s inevitable that there’ll be multiple ETFs around different tokens,”...
Fundstrat’s Tom Lee Anticipates Bitcoin Hitting $150K This Year — Calls BTC ‘Sound Money’
22.2.2024
Fundstrat’s head of research, Tom Lee, has doubled down on his $150,000 bitcoin price prediction, stating that the crypto could reach that price level this year. He cited three key reasons driving his bullish price forecast. Describing bitcoin as “sound money,” he emphasized...
Protocol Village: Wormhole Collaborates With AMD to Make Hardware Accelerators
22.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28