Crypto news

CoinspeakerRecently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings The several spot Bitcoin ETFs excluding Grayscale Investments now hold about 192k Bitcoins compared to MicroStrategy’s 190k according to its latest quarterly report. Recently Launched Spot Bitcoin ETFs, Excluding Grayscale’s GBTC, Surpass MicroStrategy’s BTC Holdings

CoinspeakerADGM Teams Up with Solana to Boost DLT Projects in Abu Dhabi Hamad Al Mazrouei, CEO of the ADGM registration authority, described the collaboration as a "key milestone" in strengthening ADGM's position in the blockchain sector. ADGM Teams Up with Solana to Boost DLT Projects in Abu Dhabi

Bitcoin cash is eyeing a fresh increase above the $250 resistance against the US Dollar. The price is now trading above the $240 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $240 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $250 and $258 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $240 against the US...

Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF – a feature that could revolutionize how the product is evaluated by Wall Street. In an amended S-1 application form filed on Wednesday, Ark included a lengthy passage about what the Ethereum network is and how it stays decentralization, highlighting its use of a proof-of-stake consensus mechanism. That’s where the firm slipped in a passage about its own participation in...

Bitcoin mining company Hut 8 has announced a leadership transition roughly three weeks after an activist short-selling firm published a report containing allegations against the miner’s management practices and finances. According to an official release, former CEO Jaime Leverton will be immediately succeeded by Asher Genoot, who has served as Hut 8’s president since November 2023. Hut 8 Announces New Chief Executive Genoot co-founded Bitcoin miner U.S. Bitcoin Corp (USBTC)...

[PRESS RELEASE – Hong Kong, China, February 8th, 2024] KIP Protocol, the Web3 base layer for artificial intelligence (AI), has successfully closed its strategic funding round led by Animoca Ventures. KIP Protocol builds secure and gas-efficient Web3 infrastructure that makes it possible for AI creators – whether app developers, model makers or data owners – to: deploy their work on Web3, thus retaining full ownership, interact and transact with other AI assets and monetise...

Web3 entertainment company HELLO Labs has entered a partnership with blockchain PR and content marketing agency MarketAcross to launch a crypto television series called Killer Whales. According to a press release seen by CryptoPotato, MarketAcross has become the official PR partner of Killer Whales and will help HELLO Labs propel the show’s entertaining narrative to global audiences. HELLO Labs and MarketAcross Unveil Killer Whales Killer Whales is a reality show for...

Investors claim the deal led to total losses of around $4.2 billion when the company collapsed during the crypto contagions of 2022. The lawsuit alleges the NBA was “grossly negligent” in agreeing to a marketing deal between Voyager and Mark Cuban’s Dallas Mavericks. Moreover, several NBA teams had deals to promote crypto companies like Voyager and FTX, which also failed. Unregistered Securities Promotion This latest lawsuit was filed in Miami on Feb. 6, claiming that the NBA...

Terraform Labs co-founder Do Kwon has won a second appeal against the Montenegro High Court’s decision to uphold extradition requests from both the U.S. and South Korea. The case will now head to the first-instance court for reconsideration based on the new ruling. Court of Appeals Overturns Extradition Decision Initially, Kwon had won an appeal in December, overturning the High Court’s decision in favor of the extradition requests. However, the same court reversed its...

Ripple has been enduring a consistent downtrend characterized by low volatility and a lack of momentum in its price movement. However, it has recently found itself at a pivotal support region near the $0.50 mark, potentially poised for a phase of sideways consolidation before its next significant move. By Shayan The Daily Chart Upon a close examination of the daily chart, Ripple’s price trajectory reveals a gradual decline, resulting in its arrival at a crucial support...