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The Hedera blockchain’s first-ever layer two solution “UP” was announced in October 2024. Polygon protocol Agglayer will now facilitate interoperability between UP and Karate Combat’s official token. Agglayer to Power Karate Combat Token Launch on UP The Karate Combat token (KARATE) which is already available on Hedera and Ethereum is now slated to launch on … Read more
Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on Thursday, Feb. 20 saw bitcoin exchange-traded funds (ETFs) face a significant net outflow of $364.93 … Read more
The potential savings of the Department of Government Efficiency (DOGE), helmed by Elon Musk, could be used to purchase bitcoin, setting the basis for establishing a strategic bitcoin reserve in the U.S. Proposal: DOGE Savings Should Be Used to Purchase Bitcoin The utilization of the potential savings derived from the activities of the Department of … Read more
A survey revealed that politically-themed memecoins like TRUMP, LIBRA, and CAR attracted many first-time crypto investors, but also led to significant losses and disillusionment. Memecoin Losses Prompt 21% of New Crypto Investors to Quit A survey study of 1,066 crypto investors conducted by Chainplay in collaboration with Storible found that nearly 80% bought president-endorsed memecoins … Read more
On Thursday, Ross Ulbricht, the founder of the Silk Road, posted on social media expressing that Roger Ver warrants support and that “no one should spend the rest of their life in prison over taxes.” Ross Ulbricht Rallies Support for Roger Ver After regaining his freedom earlier this year, following Donald Trump’s inauguration and the … Read more
Crypto firms Bitgo Trust Company, Inc. and Copper have launched a trading model allowing clients to execute spot and derivatives trades on Deribit while assets remain in off-exchange custody, the two companies announced Feb. 20. New Trading Solution Combines Bitgo Custody, Copper Settlement for Deribit Trades The solution enables investors to trade on Deribit, a … Read more
Japanese investment firm Metaplanet Inc. has expanded its bitcoin holdings to 2,100 BTC (worth approximately $203 million) after purchasing an additional 68.59 BTC ($6.6 million), reaffirming its commitment to cryptocurrency as a core treasury asset. Metaplanet’s Bitcoin Reserves Hit 2,100 BTC Amid Aggressive Acquisition Strategy Metaplanet disclosed the latest acquisition, executed at an average price … Read more
On Wednesday, Feb. 18, ether ETFs experienced a net inflow of $19.02 million, primarily driven by Fidelity’s FETH, while bitcoin ETFs faced a net outflow of $71.07 million with significant withdrawals from Fidelity’s FBTC and Valkyrie’s BRRR. Ether ETFs Secured $19.02 Million Inflows While Bitcoin ETFs Saw $71.07 Million Exit The contrasting fortunes for crypto … Read more
Standard Chartered Bank, Animoca Brands, and HKT have formed a joint venture to pursue a stablecoin issuing license from the Hong Kong Monetary Authority. ‘Digital Assets Here to Stay’ Standard Chartered Bank (Hong Kong), Animoca Brands, and HKT recently agreed to form a joint venture to pursue a stablecoin issuing license from the Hong Kong … Read more
Nasdaq has formally requested U.S. Securities and Exchange Commission (SEC) approval to launch an exchange-traded fund (ETF) tracking a basket of cryptocurrencies through a proposed regulatory framework designed to address market integrity concerns. Nasdaq’s Latest Proposal Filing Sets a New Standard for Crypto Market Oversight The Nasdaq Stock Market LLC submitted a 131-page Form 19b-4 … Read more
