Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
If approved in parliament, the draft bill could see VCs fund Web3 startups in exchange for crypto assets.
If approved in parliament, the draft bill could see VCs fund Web3 startups in exchange for crypto assets.
YC also said that the numbers behind stablecoin finance reflect “the opportunity seems much more immense still.”
The second-largest cryptocurrency is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said.
Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko veri shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.
The Sui blockchain reached a peak of 6,000 TPS in December as it produced 13.8 million blocks in one day.
ARK sold Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.
Veri from past cycles entered around halvings and a key technical analysis tool suggest that the path of least resistance is higher.
However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.
Bitcoin’s uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said.
Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the deri spot bitcoin exchange-traded funds (ETFs).