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Japan Approves Bill Permitting Investment Firms to Hold Cryptocurrency

February 19, 2024

The Japanese government has approved a bill allowing Investment Limited Partnerships to acquire and hold cryptocurrencies. This is seen as a significant move showing Japan's shifting stance towards the acceptance …

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Digital Asset Fund Inflows Soar, Pushing AuM to Record Peak

February 19, 2024

Global digital asset investment products saw record inflows last week, with a substantial total increase to $2.45 billion. This surge in investment has driven the assets under management (AuM) to …

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Rallying Ether Breaks $2.9k, Sui Sees Massive Inflow, New Token Launches Powered By Web3

February 19, 2024

Ethereum (ETH), the world's second-largest cryptocurrency by market cap, has seen impressive gains outperforming Bitcoin by almost double. ETH's price momentum reignited, signaling a potential surge past $3,000 after seven …

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Significant Bitcoin Outflow from Coinbase; ARK Sheds $90M Shares

February 19, 2024

Quick Take Coinbase witnessed an exodus of over 18,000 Bitcoin, marking its lowest confirmed balance since 2015. The substantial outflow, almost $1 billion, caused several changes with the funds being …

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Worldcoin's WLD Token Skyrockets, Alameda Research Increases its Holdings

February 19, 2024

Alameda Research's holding in Worldcoin's native token, WLD, has seen a significant surge over $50 million in the past day, carrying the asset to a new all-time high. Data from …

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AI Tokens Surge Amid DePIN, a Crypto Bull Run Trend

February 19, 2024

The Artificial Intelligence (AI) sector has seen a resurgence recently, with sector tokens increasing by 7.7% on average in the last 24 hours according to CoinGecko. Projects such as Ocean …

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Weekly Roundup: Bitcoin's Bullish Streak, Ethereum's Layer-2 Solutions and More

February 19, 2024

ApeCoin initiates developments for an Ethereum layer-2 solution targeting the gaming network.Bitcoin, Solana, and Ethereum gain with Bitcoin and Solana recording over 11% growth amidst broader crypto market upward trend, …

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Advanced Crypto Concept: Profiteering from Stablecoin Creation

February 19, 2024

Recent allegations highlight a potential misuse of stablecoin creation for profiteering. For this case, we refer to the crypto exchange FTX and its association with Deltec Bank. The underlying idea …

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New Opportunities Emerging in the Crypto Sphere: Exploring KangaMoon, Toncoin, Celestia and PIXELS

February 18, 2024

Pixel's game founder, Luke Barwikowski, has controversially shifted Ethereum scaling networks from Polygon to Ronin, just ahead of the PIXEL token launch. The seemingly hectic past few months have directly …

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FTX Accused of Profiteering from Tether Creation via Deltec Bank, Court Alleges

February 18, 2024

An emerging lawsuit accuses crypto exchange FTX and its associates of exploiting Bahamas-based banking partner, Deltec Bank, to create and profit from the stablecoin Tether (USDT). This follows allegations that …

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