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February 29, 2024

Bitcoin Is Hitting All-Time Highs Around the World

Bitcoin is trading at a premium in many of the world’s currencies because of their relative weakness to the USD

News
February 29, 2024

Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg

Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people familiar with the matter.

News
February 29, 2024

Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record

BlackRock’s bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.

News
February 29, 2024

Trading Platform Robinhood, Layer-2 Arbitrum Team Up To Offer Swaps To Users

Users of Robinhood’s self-custody wallet will have access to Arbitrum swaps in the next coming months.

News
February 29, 2024

U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance

The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.

News
February 29, 2024

Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO

The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way.

News
February 29, 2024

Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.

News
February 29, 2024

Crypto for Advisors: Private Credit Meets the Blockchain

In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain.

News
February 29, 2024

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.

News
February 29, 2024

Coinbase Adds ‘Smart Wallet’ Feature, So Lengthy Seed Phrases Aren’t Needed

The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by “wallet as a service.”

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