As of Thursday, Franklin Templeton, BlackRock, Fidelity, Ark and 21Shares, Grayscale, VanEck, Invesco and Galaxy, and Hashdex, had all submitted applications for an ether ETF. They already offer spot bitcoin (BTC) ETFs, which were introduced mid-January. Since then, the funds have accumulated $11 billion worth of BTC and helped propel the price of the largest cryptocurrency through $52,000. Source
Category: ICO
BitTorrent’s BTT Surges 12% as Owner Tron Completes TRX Burn
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ARK Invest Sells $34.4M of Coinbase Shares After One-Month Hiatus
Coinbase, the only U.S.-listed crypto exchange, has climbed 19% since then, including a 14% jump yesterday that took the share price to $160.38 as bitcoin (BTC), the largest cryptocurrency by market cap, climbed through $52,000. The Nasdaq Composite stock index gained 5.9% in the same period. Source
Telecom Giant Telefónica Teams Up With Chainlink to Provide ‘SIM Swap’ Security
“This collaboration marks a significant step in integrating Telco capabilities into the blockchain industry and demonstrates the need for secure oracle networks to deliver real-world data on-chain,” the statement said. “This interconnected ecosystem enhances the functionality and security of Web3 applications, contributing to a more robust and verifiable digital landscape,” the statement added. Source
Bitcoin (BTC) Hits Record High in Yen (JPY) Terms, Reflecting Stress on Japan’s Fiat Currency
For instance, early Monday, the leading cryptocurrency, often considered digital gold, hit a new record high of 7.9 million yen on Tokyo-based cryptocurrency exchange bitFLYER. In contrast, the cryptocurrency’s dollar-denominated price stood above $52,000 or 32% short of the record high of $69,000 reached in November 2021, according to data from the charting platform TradingView. Source
U.S. Treasury Backs Down on Narrative That Hamas Relied on Crypto to Fund Terrorism
While the Wall Street Journal in October had tied tens of millions of dollars in crypto payments to Hamas, Palestinian Islamic Jihad and others, citing a blog post by analytics firm Elliptic that was later edited, the account represented a misunderstanding of what assets actually fell into the hands of terrorists. Source
Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source
The FSC, designed to promote policy coordination between EU states, is seeking feedback from its members on priorities and challenges for the next five years in digital finance, sustainable finance, competitiveness of the EU financial sector and economic security, according to the paper. Digital finance, which includes crypto assets and service providers thanks to robust new laws, topped the list of topics to be discussed. Source
Revolut to List Bonk, Distribute $1.2M of Meme Coin in 'Learn' Campaign
Solana’s biggest meme coin BONK will list on Revolut, which plans to run a $1.2 million “learn” campaign for users. Source
Tiger Global Exited Coinbase Stake Late Last Year, Filing Shows
Tiger sold 38,850 shares during the fourth quarter. Source
Bitcoin’s OP_CAT, Fake Ethereum Tokens, Starknet’s Airdrop
FILES NOT FOUND: Ethereum has a standardized process for adding new token standards, including the well-known ERC-20, for fungible tokens, and ERC-721, for non-fungible tokens or NFTs. But a new unofficial token standard, ERC-404 is suddenly getting traction – and there’s now a supposedly improved version called DN-404. Both standards aim to combine virtues of fungible and non-fungible tokens, theoretically offering the potential to fractionalize NFTs – sort of like creating separate tokens representing a partial interest. The first ERC-404 token, PANDORA, traded as high as $32,000 on Friday morning…