Ride the Crypto Wave
On February 13, 2024, net inflows into spot bitcoin-ETFs totaled $631.23 million, according to SoSo Value. This is a new all-time high since the position began trading. The leader in terms of capital inflows remains the IBIT fund from BlackRock – $493.12 million. In second place is the ETF from…
On February 13, MEPs approved a preliminary agreement on rules in the field of artificial intelligence. It sets the groundwork for the adoption of the world’s first AI-centered law. ‼ AI Act takes a step forward:MEPs in @EP_Justice & @EP_SingleMarket have endorsed the provisional agreement on an Artificial Intelligence Act…
The U.S. Ministry of Finance intends to request from Congress an expansion of powers to combat crimes in the field of digital assets. On February 15, 2024, Deputy Secretary of the Treasury for Counterterrorism and Financial Intelligence Brian Nelson will appear before the House Financial Services Committee. He will outline…
On February 14, 2024, bitcoin’s capitalization exceeded $1 trillion, according to CoinMarketCap. This happened for the first time since December 2021. The jump in the indicator occurred against the backdrop of an increase in the price of the asset. On February 14, the bitcoin exchange rate crossed the $51,000 mark.…
Investment firm Robinhood reported fourth-quarter and full-year 2023 revenue. The firm’s net income from October through December inclusive totaled $471 million and came in above expert forecasts. It was up 24% compared to the fourth quarter of 2022, the platform said. Robinhood’s revenues based on cryptocurrency transactions amounted to $43…
High-risk assets, in particular bitcoin, have become more resistant to the Fed’s policy amid inflationary pressures. This is reported by CoinDesk with reference to the report of experts Truflation. “Although we saw a slight pullback in the price of bitcoin on the background of news about CPI, in general high-risk…
On February 14, 2024, the bitcoin exchange rate crossed the $51,000 mark sharply. At the time of writing, the first cryptocurrency is trying to consolidate above this level: The asset’s dominance rate has risen to 53.99% on the back of bitcoin’s rise: Also, the price of Ethereum has risen above…
Between February 12 and February 13, 2024, the volume of liquidations in the cryptocurrency futures market totaled $196.5 million. During this period, bitcoin traded in the range of $48,000 to $50,300. According to CoinGlass, 61,508 traders’ positions were liquidated in the last 24 hours. Approximately $93.5 million of the losses…
In South Korea, celebrities and popular bloggers were accused of involvement in a fraudulent scheme of the sports blockchain platform Winnerz, writes The Korea Herald. The scandal erupted after anonymous investors accused the said company of creating a fake cryptocurrency. Users said that Winnerz sells non-existent digital assets, collects money…
Crypto wallet provider Fordefi announced the closing of a $10 million round, led by Electric Capital. 1/ We’re thrilled to announce that we’ve raised $10M in additional funding led by @ElectricCapital! 🥳 We sat down with @CoinDesk‘s @sndr_krisztian to tell our story on why we raised and where we’re headed. #FORDEFI…