HTX Withdraws Hong Kong Crypto Exchange Application
Hong Kong’s securities regulators says HBGL Hong Kong Limited withdrew its application for a license on February 23.
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Bitcoin Tops $57K as Rally Picks Up Steam
The spot ETFs posted record volumes on Monday as bitcoin gained 6% during U.S. trading hours.
Financial
Stablecoin Market Cap Hits $140B, Highest Since 2022 Amid USDC Resurgence, Tether Growth
Stablecoin supply is a “thermometer” for money flows entering the crypto market, one analyst noted.
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Seeking Yield on $37M Ether Treasury, JPEG’d DAO Mulls Airdrop Farming
“There are possibilities to solidify the treasury at low risk,” pseudonymous JPEG’d contributor 0xTutti told CoinDesk.
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Ether is Now the Largest Institutional Crypto Asset: Bybit Research
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade
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Bitcoin ETF High Volume Doesn’t Always Mean Heavy Buying: NYDIG
The “turnover ratio” offers an indication of the proportion of a fund’s assets traded each day.
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Craig Wright’s Former Lawyers Say Emails Shared by Wife Are Fake as COPA Trial Heats Up
The emails were disclosed by Wright’s counsel after COPA’s expert witness Patrick Madden spent a ciltse day on the stand.
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Ether’s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
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Bitcoin Blasts Past $53K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
Financial
Tornado Cash Reportedly Suffers Backend Exploit, User Deposits at Risk
The exploit has the function to steal deposit veri and deposited funds.