Posts published on March 12, 2024 go to media archive 2/3
Ether.Fi to Introduce ETHFI Token on Binance Launchpool Next Week
Ether.Fi has shot to the top of the list of crypto's hottest projects as the biggest liquid-restaking protocol by total value locked, or TVL.
Expect A Bitcoin Scarcity Crisis In 6 Months, BTC To $100,000?
What to Expect From Ethereum’s Latest Massive Upgrade: Dencun
Cheaper L2 transactions. Data blobs. Proto-Danksharding. Everything you need to know about tomorrow’s changes.
MicroStrategy ‘Not Resting on Its Laurels’ as Bitcoin Hits All-Time High: Canaccord
The investment bank almost doubled its price target on the stock to $1,810 from $975, highest among Wall Street analysts.
VanEck Spot Bitcoin ETF Sees Record $119M Inflow After Fee Cut to 0%
VanEck waived the management fee for its spot bitcoin ETF for a year or until reaching $1.5 billion in assets under management.
Jamie Dimon Defends Right to Buy Bitcoin Even Though He Never Will
Dimon has been a consistent critic of the cryptocurrency over the years and his latest comments demonstrate nothing has changed despite the ongoing mainstream adoption of bitcoin in the form of ETFs in the U.S.
Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.
Grayscale Aims to Launch Mini Bitcoin Trust for Lower Fees and Tax Benefits
Grayscale has revealed the submission of an S-1 form to the U.S. Securities and Exchange Commission (SEC) for the launch of a new, smaller version of its popular Grayscale Bitcoin Trust (GBTC). This initiative is designed to provide shareholders…
Over 25 Leading Bitcoin Companies Rally for Official Bitcoin Emoji
Today, more than 25 leading Bitcoin organizations joined forces under the banner of the 'Bitcoin Deserves an Emoji' movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards…
Rapper Drake Posts Michael Saylor's Bitcoin Video to His 146M Instagram Followers
Michael Saylor said that bitcoin will “eat gold” in an interview with CNBC on Monday.
Next Big Thing In Crypto: Analyst Spotlights Top 2 Altcoins For Web 3.0
Crypto analyst Michaël van de Poppe recently cast a spotlight on two altcoins poised to significantly impact the Web 3.0 ecosystem. In a detailed exposition shared on X (formerly Twitter), Van de Poppe introduced “modular blockchains”…
U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets
U.S. Commodity Futures Trading Commission Chair Rostin Behnam said his agency will propose a rule in the coming months to establish new regulations for prediction markets.
Sweden’s Central Bank Chief Wants 'as Little Bitcoin as Possible' in Country's Financial System: Bloomberg
Sweden's central bank governor said he wants "as little bitcoin as possible in the Swedish financial system."
Bitcoin on Wheels: The Story of Bitcoinetas
You may have seen that picture of Michael Saylor in a bitcoin-branded van, with a cheerful guy right next to the car door. This one: Ariel Aguilar and La Bitcoineta European Edition at BTC Prague. That car is the Bitcoineta European Edition, and…
Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have…
Bitcoin Exchange Relai Integrates Lightning Network For Its 100,000 European Users
Relai, the Swiss-based Bitcoin app with a self-custody wallet, has announced a new partnership with Blockstream and Breez to integrate the Lightning Network into its platform, benefiting over 100,000 European users, according to a press release…
Crypto Institutional Investors Are Frontrunning Retail As Inflows Reach Record Highs
Crypto investment products continue to shine in the middle of a strong bullish market sentiment. New data has shown institutional investors and traders are now going full speed on crypto investment products, allowing inflows to attain a new inflow…
EU Parliament Approves New Sanctions Laws That Also Apply to Crypto
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Tether Launches USDT on Celo Targeting Increased Usability
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, has announced the launch of its currency on Celo, an EVM-compatible blockchain. Paolo Ardoino, CEO of Tether, stated that this move was focused on…
U.S. CPI Unexpectedly Rises to 3.2% Annual Pace in February
Stubbornly high inflation so far in 2024 appears to be standing in the way of the Fed's willingness to begin cutting rates.
Grayscale Plans Low-Fee GBTC Spinoff: the Bitcoin Mini Trust
Bitcoin ETF manager Grayscale is seeking permission from the SEC to spin out a percentage of GBTC shares to seed the new Bitcoin Mini Trust product, according to a filing on Tuesday.
First Mover Americas: Ether Options Traders Prepare for Downside
The latest price moves in bitcoin (BTC) and crypto markets in context for March 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Economic Intelligence Unit: Nigerian Central Bank Lacks Capacity to Defend Local Currency
The Economic Intelligence Unit has stated that the Central Bank of Nigeria cannot halt the rapid depreciation of the local currency. The continued volatility of the naira is expected to result in erratic regulation, primarily affecting businesses…
Cardano (ADA) Price Alert: Analyst Predicts 60% Rally In Next 7 Days
Optimism surrounds Cardano (ADA) despite some recent hiccups. ADA stands resilient, maintaining a positive outlook despite a 5% decrease over the past week. Currently priced at $0.75, ADA demonstrates a robust stance with a 24-hour trading volume…
Hong Kong's Central Bank Starts Regulatory Sandbox for Stablecoin Issuers
The regulator invited applicants with a "genuine interest in developing a stablecoin issuance business" to join the sandbox.
‘Web3 Gaming Offers a Pathway to a More Inclusive and Vibrant Gaming Ecosystem’ — Weiwei Geng
Ether Put Demand Signals Weakness After $4K Price Breakout
By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.
DOGE, SHIB Rally Eases as Bitcoin Bullishness Remains 'Elevated'
Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.