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Bitcoin ETFs (Ex-GBTC) Now Hold More BTC Than MicroStrategy
8.2.2024
The recently launched spot bitcoin ETFs, excluding Grayscale's GBTC, added nearly another 5,000 tokens to their holdings yesterday, and now at more than 192,000 BTC, hold more of the crypto than MicroStrategy (MSTR), whose total stood at 190,000 as of the end of January
Crypto for Advisors: Bitcoin as a Building Block for Portfolios
8.2.2024
A practical, unbiased, and proven approach could classify bitcoin as another building block in institutional investors' portfolios
Ethereum’s Dencun Upgrade Goes Live on Holesky Testnet, Eyes Mainnet Launch
8.2.2024
Ethereum’s Dencun upgrade has successfully navigated the final testing phase on the Holesky testnet, introducing proto-danksharding to dramatically lower transaction fees on its layer-two solutions, with eyes now firmly set on a mainnet launch. Ethereum’s Dencun Upgrade Triumphs...
Bitcoin Could Hit $48K in Days, Propelled by Historic Chinese New Year Gains: 10X Research
8.2.2024
Bitcoin targets $48,000 in the short term fueled by a strong historic track record around the Chinese New Year, 10X Research's Markus Thielen said
Top Crypto Gainers Today on DEXTools – LOONG, BABYDOGE, MOROS
8.2.2024
Top Crypto Gainers Today on DEXTools Crypto markets are pumping on Thursday, with Bitcoin (BTC) and Ether (ETH) both at multi-week highs, though crypto degens looking for the top crypto gainers today will continue to turn to tools like DEXTools to find low cap gems. Bitcoin is back in the $45,000s...
Common Wealth Announces the Launch of the World’s First Free VC Fund
8.2.2024
PRESS RELEASE. 8 February 2024 [Lisbon, Portugal]: Common Wealth, the powerful, all-in-one platform for early-stage Web3 investments, today announces the launch of a world-first initiative: a Free “earn-to-own” VC Fund. This launch represents a completely novel fusion of community-driven Web3...
Bitcoin Miner Hut 8 CEO Departs Amid Pump and Dump Allegations
8.2.2024
The CEO of Bitcoin miner Hut 8 has departed the role weeks after JCapital accused the company of colluding with partners and warnings over a possible pump-and-dump scheme. In a Feb 7 press release, the company disclosed a change in leadership, announcing Asher Genoot as the new Chief Executive...
Legal Twist Keeps Terraform Labs’ Co-Founder Do Kwon in Montenegro, Appeals Court Questions Extradition Grounds
8.2.2024
Following the Montenegro Appeals Court’s decision to reject the extradition requests for Terraform Labs co-founder Do Kwon, the panel from the Appeals Court has nullified the latest decision by Podgorica’s High Court to extradite Kwon to either South Korea or the United States. This...
Best Crypto to Buy Today February 8 – BitTorrent, Stacks, Dymension
8.2.2024
Cryptocurrencies like BitTorrent, Stacks and Dymension compete for best crypto to buy today / Image by cryptonews.com Crypto markets are pumping on Thursday, with Bitcoin (BTC) and Ether (ETH) both at multi-week highs, though investors looking for the best crypto to buy today will still be eyeing...
Bitcoin Breaks Above $45K, Traders Predict a Possible $50K Push
8.2.2024
The cryptocurrency last traded above $45,000 on Jan 11
Protocol Village: Order-Routing Protocol Flood Raises $5.2M Led by Bain Capital Crypto, Archetype
8.2.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14
Fidelity’s quarterly report sees Bitcoin and Ether as promising
8.2.2024
Fidelity has published its quarter breakdown, showing how the market may react for Bitcoin and Ethereum. Per that report, the short and long term outlook is positive. The conclusion reflects sentiments as of the end of 2023. It does, however, consider the upcoming Bitcoin Halving, emphasizing...
New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits
8.2.2024
Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors Service downgraded the bank’s credit rating to junk status. The bank’s troubles have ignited concerns over a potential...
Spot Trading Volumes Hit $1.4 Trillion as Exchanges Record Growth In Fourth Consecutive Month
8.2.2024
Digital asset spot trading volumes continued on a steady rise in January on the back of a spot Bitcoin (BTC) ETF approval by the United States Securities and Exchange Commission (SEC). A new CCData market report shows an increase in market activity as ETF participants notch inflows and traders...
First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise
8.2.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Boom to bust or moon landing? The price volatility of Bitcoin explained
8.2.2024
The launch of Bitcoin dates back to January 2009. It is credited to the efforts of Satoshi Nakamoto. While the actual identity of Nakamoto remains a mystery, it is becoming clearer every day that the goal is to have a decentralized and digital currency for people across the world. One of the...
Crypto Platform Haru Invest’s Top Executives Arrested for Allegedly Embezzling $826 Million
8.2.2024
The leadership of Haru Invest finds itself behind bars, facing allegations of defrauding 16,000 customers by embezzling hundreds of millions of dollars under the guise of offering safe, high-yield crypto investments. Haru Invest Executives Arrested for $826 Million Embezzlement South Korean...
Pandora’s ERC-404 Standard Grabs Crypto World’s Attention + More NFT News
8.2.2024
The non-fungible token (NFT) market has seen a significant recovery over the past day. The sales volume is up 31% to $42,969,376. Meanwhile, buyers are down less than 1%, sellers 15% and transactions 8%. All top 10 collections by sales volume have seen an increase in the last 24 hours,...
LBank Labs Announces Strategic Investment in Navi Protocol, Joining OKX Ventures, DAO5, and Hashed in $2M Funding Round
8.2.2024
PRESS RELEASE. LBank Labs, a prominent player in the blockchain and cryptocurrency space, is excited to announce its investment in Navi Protocol, an inaugural Native One-Stop Liquidity Protocol on Sui, offering users opportunities as liquidity providers or borrowers within the Sui Ecosystem. LBank...
Nigerian Currency Depreciation: Central Bank Head Reaffirms Commitment to Reviving Confidence in the Economy
8.2.2024
The Nigerian central bank remains committed to building confidence in the economy but that hinges on the implementation of “bold reforms” and residents’ help in easing pressure on the naira. However, critics have faulted the central bank’s policies including the devaluation...