February 2024 | Page 44 of 122 | Last Cryptocurrency News Feed

HYVE Token Debut on ProBit Global Set To Empower Global Workforce

[PRESS RELEASE – Vilnius, Lithuania, February 21st, 2024] ProBit Global is thrilled to announce that HYVE, the first decentralized labor exchange and largest freelance marketplace in web3, will list its HYVE token on the major global cryptocurrency exchange. HYVE is building a new future for work by leveraging the transparency, security and decentralization of blockchain.

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VanEck’s Bitcoin ETF Records 2,200% Volume Surge in a Day

Trading volumes of VanEck’s HODL, one of the ten spot bitcoin (BTC) exchange-traded funds in the U.S. (ETF), surged over 2,200% on Tuesday in a move driven by individual traders.HODL traded over $400 million in volumes on Tuesday, a 22-fold jump over its daily average of $17 million. The figures came ahead of a planned

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Crypto Super PAC Fairshake Raises $4.9M From Winklevoss Twins: Report

Fairshake, a Super political action committee (PAC) that is backing crypto-friendly candidates, has now received funding of a total of $4.9 million from billionaire twins Cameron Winklevoss and Tyler Winklevoss, Bloomberg reported, citing the latest federal filings.The Winklevoss twins, who are co-founders of crypto exchange Gemini and heavyweight bitcoin (BTC) investors, were initial investors in

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Starknet’s STRK Drops 53% Amid Token Issuance Criticism

Starknet’s STRK tokens lost half their value after going live for trading on Tuesday as the team faces ongoing criticism around a 2022 token generation event.Data shows that STRK has been down 55% in the past 24 hours, with over $1.2 billion in trading volumes. Only $3 million worth of STRK futures were liquidated, suggesting

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UK May Introduce Stablecoin and Staking Regulations in 6 Months: Report

According to Bloomberg, the British government is expediting the approval of new regulations for stablecoins and crypto asset staking services, aiming to have these rules passed by lawmakers within the next six months. This statement comes amidst mounting pressure to deliver concrete proposals before an impending general election. Expedited Crypto Legislation Economic Secretary to the

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Swiss Crypto Hedge Fund in Clash with Client over FTX Exposure: Report

Tyr Capital Partners, a crypto hedge fund based in Switzerland, is facing accusations of mismanagement from an investor, according to a Financial Times report. Swiss prosecutors have initiated a search of the firm following allegations that started in August 2023 that Tyr Capital disregarded early warnings regarding the collapse of the FTX exchange. Tyr Capital

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USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady

Major stablecoin USD Coin (USDC) will no longer be supported on the Tron blockchain, issuer Circle said in an announcement early Wednesday.“Circle is discontinuing support for USDC on the TRON blockchain in a phased transition. Effective immediately we will no longer mint USDC on TRON,” it said.Customers’ transfers of USDC to other blockchains will be

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Bitcoin ETF Trading Spikes to Busiest Session Since January Debut

Bitcoin (BTC) exchange-traded funds posted the most trading since their debut in the U.S. last month.Volume amounted to nearly $2 billion, the highest total since the first day of trading on Jan. 11, Bloomberg Intelligence senior ETF analyst Eric Balchunas noted on X.VanEck's HODL ETF posted just under $400 million in volume, WisdomTree Bitcoin Fund

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European Central Bank: Digital Euro for Payments Only, Not Investment or Holding

A digital Euro CBDC will be “designed for making payments, not for investment,” explained Ulrich Bindseil, Jürgen Schaaf, and Executive Board member Piero Cipollone in a blog post on Feb. 19. They added that many banks worry their customers might withdraw deposits to hold digital Euros instead. “These fears are misplaced,” they stated. The ECB

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How to Make (or Lose) Hundreds of Dollars Betting Crypto on Your Fitness Goals

An early-stage app called Moonwalk lets users boost the stakes for their fitness goals.Customers contribute cryptocurrencies to join a challenge, and if they fail to meet their daily step goal, they surrender money to a prize pool shared by the other participants.SALT LAKE CITY — It was sometime around dinner as I was drinking a