Reddit Discloses Holding Bitcoin and Ether in IPO Filing
The social media platform submitted a filing on Thursday to go public under the ticker symbol “RDDT.”
Bitcoin ETF Price/Flow Correlation is Declining: JPMorgan
The correlation reached as high as 0.84 in January, based on estimates from JPMorgan, but it has since slowed.
BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries
BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal’s upcoming airdrop, Arkham Intelligence noted.
Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
Bitcoin Miner Marathon to Start ‘Slipstream’ to Make Complex BTC Transactions Faster
Marathon will be the first publicly traded miner to offer such a service by utilizing its own mining pool.
Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says
Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.
S&P Global Just Made Ethereum’s Centralization Risk a TradFi Concern
Institutional interest in digital assets means that crypto terms such as ‘Nakamoto Coefficient’ are now mainstream issues.
Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia
The sector was up as Nvidia’s earnings results spurred broader optimism surrounding artificial intelligence.
Coinbase Pushes Back on Reports It’s Blocked in Nigeria
Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.
Crypto for Advisors: Bitcoin’s 4th Halving Is Approaching
The approval of the spot bitcoin ETFs constituted a landmark event for the $1.7 trillion digital asset industry. With institutional investors on board, demand for bitcoin will grow significantly.