February 2024 | Page 32 of 122 | Last Cryptocurrency News Feed

Ether ETFs Unlikely to Cause a ‘Bubble,’ Traders Say

Ether spot-exchange traded funds (ETFs) may increase institutional investment in Ethereum's token but are unlikely to create major price surges, according to some market observers.While interest in ether bets has risen significantly, an ETF could create sustained growth rather than explosive growth in the ether market.Ether (ETH) spot-exchange traded funds (ETFs) may increase institutional investment

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This Is How Bitcoin Will Reclaim $60K and Chart New ATH (Analysts)

The price of Bitcoin seems to be losing correlation with ETF inflows and outflows, which is why BTC has remained on the sidelines for the past few days despite institutional adoption gaining momentum. This has become a focal point for investors and analysts. A popular analyst who goes by Titan of Crypto on X recently

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Bitcoin Miners Move 700,000 BTC to OTC Desks in 3 Weeks, Here’s What it Means

Over the past three weeks, around 700,000 BTC have been transferred to over-the-counter (OTC) desks that are commonly used by miners, according to CryptoQuant CEO Ki Young Ju. Notably, activity has been observed following the approval of a spot Bitcoin exchange-traded fund (ETF). 700,000 BTC Flow to OTC Desks The movement of such a significant

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Layer 1 Injective Introduces ‘CW-404’ to Capitalize on the ERC-404 Hype

Layer 1 blockchain Injective introduced the CW-404 standard, a replica of the wildly popular experimental token standard ERC-404, for its network on Friday.The Cosmos-based Injective is teaming up with decentralized exchange DojoSwap to offer the CW-404 standard. CW-404 is a port of the ERC-404 and combines the CW-20 and CW-721 standards.ERC-404 is an unofficial Ethereum

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FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules

FTX's request to sell its stake in Anthropic has been granted by a court.FTX and sister investment firm Alameda invested $500 million in Anthropic in 2021.The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show.The motion to sell around 7.84% of Anthropic

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Bitcoin Bets Yield $207M in Gains For Jack Dorsey’s Block

In its fourth-quarter earnings report released Thursday, Fintech company Block reported a remeasurement gain of $207 million on its bitcoin (BTC) holdings.As of Dec. 31, 2023, Block held approximately 8,038 BTC for investment purposes with a fair value of $340 million.The Jack Dorsey-owned company made $66 million in gross profit on bitcoin sales last quarter

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Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It

Crypto exchange Kraken filed to dismiss a lawsuit by the U.S. Securities and Exchange Commission (SEC) on Thursday.The SEC sued Kraken last November on allegations it's operating as an unregistered exchange, broker and clearinghouse.The U.S. Securities and Exchange Commission didn't allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the

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AIGOLD: At the Forefront of Blockchain, AI, and Physical Gold

Regardless of whether you’re new to the cryptocurrency industry or you’ve been part of it for a while, there’s a very common comparison going on for many years – that between Bitcoin and physical gold. In fact, many investors, including traditional ones, are calling Bitcoin “digital gold” because of the qualities that it brings to

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Starknet’s STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks

Starknet's STRK token jumped as much as 10% over $2 on Thursday after developer firm StarkWare agreed to change the unlocking schedule after community backlash.Some 0.64% of the 10 billion tokens initially minted will unlock on April 15, instead of the planned 13.4% (1.34 billion tokens), according to StarkWare's emailed statement.Starknet's STRK token jumped as

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South Korea With a Clever Way to Collect Crypto Taxes: And It’s Paying Off

In 2023, Gyeonggi Province, the most populous province in South Korea, collected millions of dollars from tax evaders by tracking their crypto assets on several centralized exchanges. According to a report by local media Yonhap News Agency, the Gyeonggi Tax Justice Department accrued 6.2 billion won ($4.67 million) in undeclared taxes from evaders by using