Search
White House Policy Group Finds Digital Assets, DLT Vital for US National Security
14.2.2024
A White House policy group highlighted critical emerging technologies for US national security in an updated report on Monday. The Fast Track Action Subcommittee’s report categorized distributed ledger technologies (DLT), digital assets, and digital payment technologies under “data...
The Glenlivet Distillery Utilizes NFTs and AI to Market $43,000 Whisky
13.2.2024
Scotland-based distillery The Glenlivet is using NFTs and AI in its marketing strategy to sell whiskey from a 50-year-old collection. The Glenlivet announced on Monday it was planning to auction off the bottles, which have been maturing at its Speyside distillery in Scotland since 1974. Discover...
Deutsche Börse’s Subsidiary Crypto Finance Gets BaFin License
13.2.2024
BaFin, Germany’s financial regulator, has issued four licenses to Crypto Finance, a firm operated by leading stock exchange Deutsche Börse. The key licenses will allow Crypto Finance to carry out regulated digital asset trading, settlement, and custody services in Germany. The Swiss Financial...
Bitcoin Price Soars as Spot ETFs Amass Ten Times More BTC Than Miners’ Production
13.2.2024
Bitcoin price has surged past the $50,000 mark, fueled by an unprecedented influx of investments from spot Bitcoin exchange-traded funds (ETFs). These ETFs have managed to accumulate a staggering ten times more Bitcoin (BTC) than what miners were able to produce on Monday. More specifically, data...
Peter Thiel’s VC Firm Founders Fund Made $200M Crypto Bet Last Year
13.2.2024
San Francisco-based venture capital firm Founders Fund has once again jumped on the crypto bandwagon. Reuters reported on Monday that Peter Thiel’s VC allocated $200m toward crypto from late summer to early fall of 2023. Half of this investment was directed towards Bitcoin, with the other...
Franklin Templeton Latest Firm to File for Spot Ethereum ETF
13.2.2024
Investment firm Franklin Templeton is the latest asset manager to file a spot Ethereum exchange-traded fund (ETF) application with the Securities and Exchange Commission (SEC) in the United States. The filing was submitted on Monday. Coinbase Custody will be the Ether custodian and Bank of New York...
Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement
12.2.2024
An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirmed. Institutional investors are rapidly accumulating Bitcoin, marking...
Over $11 Million in Liquidity Drained From SafeMoon by Unknown Individual
12.2.2024
An unknown individual drained over $11 million in liquidity from various pools associated with the controversial cryptocurrency project SafeMoon on Monday. The transaction triggered immediate speculation about a possible connection to SafeMoon’s ongoing bankruptcy proceedings. Blockchain...
Top Crypto Gainers Today on DEXTools – CSHIB, DADA, FERRET
12.2.2024
Top Crypto Gainers Today on DEXTools Bitcoin may be stealing the headlines after crossing above $50,000 for the first time since late 2021 on Monday, but for investors looking to turn a quick profit will continue to turn to the top crypto gainers today on DEXTools. Amid optimism about spot Bitcoin...
Best Crypto to Buy Today February 12 – BEAM, IMX, ORDI
12.2.2024
Bitcoin may be stealing the headlines after crossing above $50,000 for the first time since late 2021 on Monday, but for investors looking to turn a quick profit, smaller altcoin rivals might be the best crypto to buy today. Amid optimism about spot Bitcoin ETF inflows, the Bitcoin price was last...
Bitcoin Bears Take a Bruising as Price Powers Above $50,000 – Where is BTC Headed Next?
12.2.2024
Source: Dalle-3 Bitcoin (BTC) bears are taking a bruising on Monday as the price powers above $50,000, as BTC continues its momentum after posting its strongest weekly close since December 2021 on Sunday. According to TradingView citing Bitstamp trading data, Bitcoin just traded above $50,000...
South Korea Plans to Block Unlicensed Crypto Exchanges
12.2.2024
South Korea plans to conduct virtual asset exchange inspections to expel ineligible platforms later this year. Authorities are contemplating an advanced suspension system for suspicious transactions. This would rapidly prevent the concealment of illicit funds during all stages of the investigation...
Bitcoin Price Prediction: BTC Stays Bullish Near $48,500; More Buying Ahead?
12.2.2024
Bitcoin maintains a bullish trajectory, trading near $48,500 on Monday, underscoring a positive outlook for Bitcoin price predictions. Amidst evolving market strategies, Kraken’s executive decision to bypass Super Bowl LVIII advertising highlights a shift from broad, hype-driven exposure to...
New Zealand Central Bank Governor Issues Warning Against Stablecoins
12.2.2024
New Zealand’s central bank governor, Adrian Orr, raised concerns about the stability of cryptocurrencies, particularly stablecoins, during a parliamentary committee meeting on Monday. He criticized these tokens as “misnomers” and “oxymorons,” highlighting their...
Grayscale Reduces Bitcoin Holdings as Competing ETFs Continue to Bolster Reserves
7.2.2024
After the trading activity on Monday, which saw $642 million in transaction volume, Grayscale’s Bitcoin Trust sold off approximately 3,426.99 bitcoin, valued at around $147 million. Following Tuesday’s trading activity, GBTC offloaded an additional 2,565.39 bitcoin, valued at $110...
British Columbia Court Upholds B.C. Hydro’s Ban on Crypto Mining
6.2.2024
A provincial supreme court judge in British Columbia has deemed B.C. Hydro’s moratorium on crypto mining projects reasonable, according to a ruling posted on Monday. The moratorium, initially enacted in December 2022, faced a challenge from Conifex Timber, a forestry company diversifying into...
Crypto Yield Firm Haru Invest Execs Arrested in S.Korea for Laundering User Funds
6.2.2024
Top executives of Haru Invest, a South Korean crypto yield platform, have been arrested by the county’s prosecutors on Monday. The crypto investigation arm of the Seoul Southern District Prosecutors’ Office have arrested three people in connection with crypto fraud worth 1 trillion Won ($752...
Ripple Must Reveal Financial Statements in SEC Case, District Court Rules
5.2.2024
Ripple will have to reveal its financial statements from 2022-2023 in its case against the United States Securities and Exchange Commission (SEC), a Monday court filing revealed. “At this stage, the Court sees no basis to short-circuit that inquiry by denying access to readily available information...
Stablecoin Issuer Tether Leads $25 Million Funding Round for Mobile Payment Startup Oobit
5.2.2024
On Monday, Tether, the leading issuer of stablecoins, revealed its role as the lead investor in the Series A funding round of mobile payment startup Oobit, which successfully garnered $25 million. The investment round saw contributions from notable entities such as Titan Fund, Solana’s Anatoly...
Top Crypto Gainers Today on DEXTools – POP, INEDIBLE, BEBE
5.2.2024
Top Crypto Gainers Today on DEXTools A surging US Dollar Index (DXY) and rising US government bond yields on Monday in wake of fresh hawkish commentary from the US Federal Reserve Chair Jerome Powell over the weekend and last Friday’s bumper US jobs report is capping gains in major cryptocurrencies...