Ether is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said. Source
Ether Could Be the Next 'Institutional Darling,' Bernstein Says
Month: February 2024
WorldCoin’s WLD Sets Lifetime Peak as AI Tokens Jump After OpenAI’s Sora
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%. Meanwhile, the CoinDesk 20 Index (CD20), a benchmark for the biggest and the most liquid cryptocurrencies, rose 2.68% in the past 24 hours. Source
Grayscale’s spot Bitcoin ETF GBTC outflows hit $7b
Crypto asset manager Grayscale continues to see a slowdown in outflows from its Bitcoin (BTC) spot exchange-traded fund (ETF). In a Feb. 19 post on X, co-founder of ETF Institute Nate Geraci reported that the total outflow of funds from Grayscale’s GBTC since its conversion to a spot Bitcoin ETF has reached $7 billion. However, at the same time, the pace of asset outflows has slowed significantly, with Geraci noting that the “bleeding” may be close to stopping. GBTC has $7bil outflows in past 5 weeks… What a chart. Outflows…
Sui Overtakes Aptos, Cardano in Value Locked; Sees $310M Inflow in 30 Days
Sui, the layer 1 blockchain built by a group of former Meta (META) employees, has experienced a cascade of inflows this month in a spike that has seen it overtake Cardano, Near and Aptos in terms of total value locked (TVL). Source
ARK Invests Sold Nearly Half a Million Coinbase (COIN) Shares After Earnings Beat
The Cathie Wood-led investment firm sold 397,924 COIN shares from ARK Innovation ETF (ARKK), 45,433 shares from ARK Next Generation Internet ETF (ARKW), and 55,792 shares from ARK Fintech Innovation ETF (ARKF), bringing the total number of shares sold to 499,149. Source
2 Reasons Bitcoin (BTC) Could Challenge Record High of $69K Before Halving
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Latam Insights: Mexican Billionaire Ricardo Salinas’ Bitcoin Investment Advice, Bitso’s Latam Trends Report
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans financial institutions from dealing with crypto. Mexican Billionaire Ricardo Salinas Gives Bitcoin Investment […] Original
Bitcoin (BTC) Prices Hold Steady Over $52K, Traders Target $55K in Short-Term
“Bitcoin is nearing its peak and will likely be pushing for $55,000 in the coming weeks,” Ed Hindi, Chief Investment Officer at Tyr Capital, told CoinDesk in an email. “In 2024, we expect bitcoin to rally to its all-time highs, reaching the $70,000 mark early this year.” Original
RHUNA Launches to Revolutionize the Events and Entertainment Industry with Fintech Innovation – Blockchain News, Opinion, TV and Jobs
Bucharest, Romania, February 19th, 2024, Chainwire RHUNA is a visionary fintech platform dedicated to revolutionizing the events and entertainment industry through innovative technology. By integrating Web 3.0 and blockchain technologies, RHUNA aims to enhance user experiences, improve security and transparency, and foster a closer, more engaged community around the globe. UNTOLD Universe is one of the world’s top 5 music festival organizers with more than 1.5 million attendees over the course of each year. Rhuna represents the merging of their experience with CryptoDATA’s innovative technology development expertise with this pioneering…
Polygon Rallies To $1 and Bulls Are Not Done Yet
MATIC price is up over 10% and it tested the $1.00 resistance. Polygon bulls are in full control, and they might aim for more upsides above $1.00. MATIC price started a fresh increase above the $0.850 resistance against the US dollar. The price is trading above $0.95 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.958 on the 4-hour chart of the MATIC/USD pair (data source from Kraken). The pair could continue to move up if it clears the…