The government’s transfer occurred the same day Bitcoin breached the $60,000 mark for the first time in over two years. The United States government transferred $922 million worth of Bitcoin from two cryptocurrency wallets that held funds seized from Bitfinex in 2016. The U.S. government’s transfers occurred the same day Bitcoin breached $60,000 for the first time…
Read more
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Coinbase has introduced embedded, smart contracts for developers — a move it says will address devs’ pain points when building Web3 applications. Meanwhile, crypto traders in Nigeria…
Read more
The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison. Lawyers for Sam “SBF” Bankman-Fried included 29 letters of support of clemency for the former FTX CEO as a federal judge prepares to decide his sentence, including…
Read more
Grayscale’s ETF bleeding has slowed again, while other funds have seen another strong day of inflows, lifting them to a fortnightly high. Grayscale’s spot Bitcoin exchange-traded fund (ETF) has seen its third consecutive trading day of slowing net outflows, hitting a record low of $22.4 million as ETFs combined hit a two-week net inflow high.…
Read more
The blockchain financial service firm argued in January that a spot Bitcoin ETF would not be approved by the U.S. Securities and Exchange Commission. Daniel Yan, co-founder of Singaporean crypto services firm Matrixport, believes a market correction is imminent following Bitcoin reaching its highest price since 2021. “The sentiment of the market has come to…
Read more
During a tech conference in Qatar, the South African comedian was asked to talk about the biggest mistake he’s ever made in his life. South African comedian and entertainer Trevor Noah says his life’s biggest mistake was not buying Bitcoin when it was “worth nothing.” The actor, comedian, and former host of The Daily Show…
Read more
Key Points: Grayscale transfers significant transfer, sending 776.667 BTC to Coinbase Prime. Strategic maneuver reflects dynamic engagement in crypto market. Transaction valued at approximately $39.9964 million, amplifying institutional impact. Grayscale transfers a substantial transfer, sending a total of 776.667 Bitcoins to the Coinbase Prime address. The transaction occurred at precisely 22:15 on February 23 marking a strategic maneuver…
Read more
Key Points The Federal Reserve’s recent meeting showed cautious optimism about the economy, indicating no rush to lower interest rates. Ethereum staking has emerged as a significant trend in the crypto market, with the ETH stake rate doubling since the beginning of 2023. StarkWare has changed the vesting schedule for $STRK tokens, aiming to reduce…
Read more
Bitcoin price begins a slow recovery, boosting the bullish momentum in ETH, UNI, FIL and GRT. After running hard for two weeks, Bitcoin is taking a breather near the $52,000 level. The bears are trying to start a correction, but the bulls are in no mood to relent. Strong equity markets, upcoming halving, and solid inflows…
Read more
Hackers took over the official MicroStrategy X account, posting a series of malicious links to a fake airdrop for a so-called Ethereum-based $MSTR token. Business intelligence firm MicroStrategy’s X account has been hacked, posting malicious links to a fake airdrop of a so-called “official” Ethereum-based MSTR token. A user clicking on the link is directed…
Read more
