European Central Bank: Digital Euro for Payments Only But Not Investment or Holding
The European Central Bank has released a paper and video touting its digital Euro and attempting to allay fears over investments in the CBDC, which it is attempting to restrict.A…
Galaxy Digital Snaps Up $76M in Ethereum Amidst Recent Price Surge.
Galaxy Digital bought a large amount of Ethereum from Coinbase Prime and Binance,. It is worth about $76 million, showing its bullish outlook on crypto.Galaxy Digital, an investment firm founded…
UK Eyes Crypto Staking and Stablecoins Regulations in Next Six Months.
The government is striving to adopt the new law before this year’s general election.Crypto companies based in the UK have been demanding clearer regulations for a while.Within the next half-year,…
Ripple Boosts Global Expansion with CIB Collaboration in Egypt.
pThe collaboration would dramatically alter the nature of international money transfers in Egypt. A wider adoption trend within Egypt’s financial industry is shown by CIB’s venture.The firm behind the XRP…
Mastercard Collaborates with Swoo Pay to Offer Crypto Loyalty Rewards.
The duo aim to target developing markets in Southeast Asia and Africa.The Swoo tokens, which are user incentives and can be instantly transferred to other cryptos.Mastercard, a payments behemoth, is…
Bitcoin Consolidates as Bulls Strongly Hold Price Over $52K Level.
At the time of writing, Bitcoin is trading at $52,273, down 0.16% in the last 24 hours.If the price manages to go below the $50,700 mark then the price will…
Record Week in Total Inflows of $2.45B, Bitcoin Dominates With 99%: CoinShares
CoinShares reported record-breaking inflows of $2.45 billion were observed last week, restoring assets under management (AuM) to December 2021 levels.Amidst a meaningful market recovery, digital asset investment products welcomed a…
Grayscale’s GBTC Outflows Hit $7B Amidst Recovery, But ‘Bleeding’ to Continue.
GBTC’s Bitcoin holdings have declined to 456,034 BTC.Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC since its conversion…
Here’s How a Trader Made 1,280x Profit with SORA Token.
While the SORA token came after OpenAI’s Sora, it’s crucial to note that it’s not linked to the new text-to-video AI.An unidentified trader has successfully generated a profit of $176,000…
Vitalik Buterin Anticipates Ethereum’s Verkle Trees Upgrade, Hints at AI Integration.
Verkle trees optimize Ethereum storage, validate blocks efficiently, and enable smaller witnesses, overcoming stateless client challenges.Vitalik Buterin has taken to social media to express his anticipation for the imminent integration…