Fortunes bolster by rising crypto prices and the launch of spot bitcoin ETFs, Coinbase shares have been steadily increasing.
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.
Go to Source Author: Aoyon Ashraf
Crypto critics often warn of digital currencies’ potential to destabilize the U.S. dollar, but Federal Reserve Gov. Christopher Waller argued that stablecoins’ dependence on the dollar could actually strengthen the U.S. fiat currency as decentralized finance (DeFi) catches on.
Massive inflows into spot bitcoin ETFs made headlines recently, but there are other metrics that showcase U.S. investors’ appetite for the asset.
While the new spot bitcoin ETFs have received billions in net inflows since opening for business on Jan. 11, a sizable amount of money has been exiting gold ETFs.
Bitcoin holds above the $52,000 mark as the market enters conditions indicative of a pre-halving rally, according to an analyst.
A hearing later today to hash out crypto’s role in illicit finance could be influential as AML has since come into focus on the Hill.
In 2023, the FCA issued 450 alerts as part of its enforcement efforts against illegal cryptocurrency advertisements.
Airdrop riches and FOMO are fueling a run on Apple’s pricey VR headset at mtnDAO, the Solana blockchain’s largest community-run coworking meetup, in Salt Lake City.