February 21, 2024



This week, many TradFi institutions rushed to apply for spot bitcoin exchange-traded funds, which in turn helped push the cryptocurrency above the $30,000 mark despite regulatory challenges from the U.S. Securities and Exchange Commission (SEC) holding it back. Let’s find out more.

bitcoin

The recent filing by global investment firm BlackRock for a spot bitcoin ETF reignited optimism in the sector and sparked a flurry of similar filings such as Wisdom Tree and Invesco.

It is even reported that Fidelity Investments Apply for a Spot Bitcoin ETF.

US SEC Approves First Leveraged Bitcoin Futures ETF—— Volatility Stocks 2x Bitcoin Strategy ETFwhich will be listed on the Chicago Board Options Exchange BZX on Tuesday, June 27.

A recent article by the International Monetary Fund is very favorable Targeting countries in Latin America and the Caribbean that use central bank digital currencies while denigrating El Salvador for adopting Bitcoin.

MicroStrategy has become profit As the premier cryptocurrency, its major investment in bitcoin has soared up the leaderboard.

bitcoin really Motorized On Tuesday and Wednesday, it was up as much as 14.6% in the process.

Experts are discussing whether Bitcoin’s recent surge It was just a last attempt before sinking, still has enough strength to recover $45,000.

Cryptocurrency Fund Manager Valkyrie has joined a growing number of financial entities looking to create bitcoin spot ETFs.

A cryptocurrency exchange endorsed by Wall Street heavyweights such as Fidelity and Citadel, EDX marketwhich began operations this week.

Binance has confirmed that it is setting up Bitcoin Lightning Node To expand and speed up bitcoin transactions.

Ethereum

Etherscan launched innovative tool Utilizes artificial intelligence (AI) to retrieve and interpret the source code of a specific contract address.

The Ethereum research team proposed solution Mainly around the increase of MAX_EFFECTIVE_BALANCE (MaxEB), which is an Ethereum parameter that currently limits the effective balance limit of Ethereum validators to 32 ETH.

Ethereum users will get a new way to create NFTs and other digital assets on the blockchain after the launch of a new protocol called “”.ethics“.

Altcoin

traders are trying Short TUSD There have been reports that the stablecoin issuer has ties to cryptocurrency custodian Prime Trust.

technology

The zero-knowledge two-layer expansion solution Starknet is almost comprehensive Ethereum Virtual Machine (EVM) Compatibility A new testnet, Kakarot, will be launched in August.

Recently, causing an uproar in the crypto Twitter community, the popular artificial intelligence bot “explain this bob” found his account suspended after being identified as a “scam cryptocurrency account.”

The International Monetary Fund (IMF) is working on a concept: global infrastructure Ensure the interoperability of settlements between central bank-issued digital currencies.

Binance-backed BNB chain launched Operate BNBa new layer 2 testnet designed to address pressing scalability challenges slowing the mass adoption of blockchain technology.

Polygon co-founder Mihailo Bjelic proposes upgrade Polygon Proof-of-Stake (PoS) network. Into the “zkEVM validium” version for enhanced security.

Alex Obadia, co-founder of ethereum infrastructure service Flashbots, warned that the company faces serious challenges. farewell letter posted on his Twitter account.

Cardano, the leading PoS blockchain platform, launches important update Its network, Node 8.1.1, introduces several technical enhancements to the Cardano ecosystem.

Business

Huobi founder Li Lin has Sued Huobi Global Use of the Huobi trademark in Hong Kong without proper permission.

Sydney-based cryptocurrency exchange, independent reserveLasanka Perera, chief executive of its Singapore operations, said in an interview that the company plans to expand to Hong Kong “in the coming months.”

Regulation

The Financial Services and Markets Act has been received agree with from the House of Lords and will enter the final stages before legislation.

Deutsche Bank is looking to increase its revenue in digital assets and has filed for german license.

Five U.S. law enforcement agencies have joined forces to create a joint task force Fighting crimes related to digital currencies and the darknet.

Canadian regulator warns investors that some cryptocurrency sites are using fObtain the regulatory seal and dispute resolution organizations appear legitimate.

BlackRock is unlikely to launch a bitcoin spot ETF anytime soon, according to trading firm QCP Capital, thanks to the SEC chairman gary gensler attitude Go to cryptocurrency.

Binance.US, Binance Holdings, and Binance CEO Changpeng Zhao SEC Misleading the public through statements during ongoing litigation.

network 3

Leading Web3 creative studio Atrium created the first animated film “noun: movie”, funded by The DAO, featuring popular NFTs.

Disclaimer: This article is for informational purposes only. It does not provide or be intended to be used as legal, tax, investment, financial or other advice.