Bitcoin weekly funding rate reflects investor caution, yet BTC price pushes higher
Bitcoin trades above $63,000 but the futures weekly funding rate shows pro traders are cautious.
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MicroStrategy, Tether adds to firms distancing from Silvergate as stock dives 57%
Business intelligence firm MicroStrategy and stablecoin issuer Tether have become the latest two firms to publicly deny any meaningful exposure to Silvergate Bank.The news comes after Silvergate announced on March 1 that it would postpone the filing of its annual 10-K financial report, which has many fearing the cryptocurrency bank may be on the brink…

UNICEF Innovation Fund to Invest in Blockchain-Related Projects
The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10.The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The fund identifies solutions in tech areas like blockchain, machine learning, quantum computing, artificial intelligence (AI), and…

Ethereum Pectra upgrade live on testnet, but mainnet may face delays
Ethereum’s highly anticipated Pectra upgrade was successfully deployed on its final testnet, Sepolia, marking a major milestone in the lead-up to the mainnet activation. However, potential delays remain as developers continue to address outstanding issues from a previous testnet failure. Ethereum’s Pectra upgrade has gathered significant community support as it aims to improve Ether (ETH)

Major BTC ATM Network Garners $1.5 Million From Xpring and New VC Fund
Ripple’s Xpring and Blockchain Finance Fund have invested $1.5 million in Seattle-based crypto ATM startup Coinme.Coinme secures $1.5 million in fundingOn Sept. 12, Coinme, a global leader in cryptocurrency ATMs, announced that it had secured $1.5 million in funding from Ripple’s Xpring and the Blockchain Finance Fund to further develop its cryptocurrency ATM network in…

Bitcoin entering final stage of major bull trend, crypto analyst says
According to crypto analyst and trader Alessio Rastani, Bitcoin will finalize its upward trajectory toward $100,000 in the next few months. 1928 Total views 11 Total shares Trader and cryptocurrency analyst Alessio Rastani believes Bitcoin (BTC) is entering the final stage of the current bull market, which will propel the leading cryptocurrency to a $100,000…

Grayscale launches investment fund for MakerDAO token
Grayscale also launched funds for protocols Bittensor and Sui in August.

Crypto community responds to US democrats backing SEC’s crypto authority
One community member expressed their decision to part ways with the party, arguing that the Democratic Party is playing god with the “future of American innovation.“ 519 Total views 2 Total shares The United States Democratic Party has expressed its intent to back the Securities and Exchange Commission’s (SEC) total authority over crypto in a…

European Banking Authority Report Urges Steady Approach to Cryptocurrency Regulation
The European Banking Authority (EBA) has recommended further research into cryptocurrency and will perform “a number of actions” relating to the sector in 2019. The agency has said this in its latest report published Jan. 9.In the document, which focuses on the “applicability and suitability of European Union law to crypto-assets,” the EBA appeared broadly…