Crypto News
Major Outflows Hit Bitcoin Exchange-Traded Funds With $365 Million Exit; Ether ETFs End Four-Day Inflow Streak
Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on Thursday, Feb. 20 saw bitcoin exchange-traded funds (ETFs) face a significant net outflow of $364.93Source link
SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto
The U.S. Securities and Exchange Commission will vote soon on a deal negotiated with Coinbase to entirely drop the agency's legal pursuit of the crypto exchange, according to the company's top lawyer.While the SEC has been making moves almost daily to reverse past positions on digital assets, the pending vote would mark a watershed moment that could start a series of legal dominoes to free other crypto businesses from enforcement actions. Because the deal between Coinbase and SEC staff assumes a dismissal of the case "with prejudice," said Coinbase Chief Legal Officer Paul Grewal, the regulator's accusations of securities violations would be shut down permanently."It's a great day for Coinbase, yes, but it's also a great day for crypto in...
Ethereum Founder Vitalik Buterin: LIBRA Crash Proves ‘Education Is So Important’
The Ethereum founder remains optimistic about Argentina’s role in the crypto space, lauding its “amazing builders.”Source link
Exploring Creativity with Character.AI: A Conversation with Ellie
Character.AI user Ellie shares insights on using AI to enhance her writing and connect with a creative community. Discover how AI tools are transforming storytelling. (Read More)Source link
Crypto Daybook Americas: Ye Adds to Memecoin Turmoil as Broader Market Languishes
By Francisco Rodrigues (All times ET unless indicated otherwise)Cryptocurrency prices are rising after the U.S. Securities and Exchange Commission’s former crypto enforcement unit transitioned into the Cyber and Emerging Technologies Unit and amid dovish comments from Atlanta Fed President Raphael Bostic.Renaming the Crypto Assets and Cyber Unit is significant because it shows the agency is moving away from its crypto focus that often led to accusations of regulation by enforcement and legal battles with major industry participants.“In the near to medium term, clearer regulations will likely boost institutional participation, leading to improvements in market infrastructure,” BackPack founder and CEO Armani Ferrante told CoinDesk. Bitcoin is now above $98,000 after adding 1.2% in 24 hours, while the broader CoinDesk 20 Index...