Author: btcadmin

“Is it safe?” For any crypto investors with any cash remaining, that’s the key question following the collapse in prices. 10X Research’s Markus Thielen had been correctly bearish headed into this latest downturn and he’s not yet ready to buy the dip. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto for Advisors Newsletter…

National securities exchange Cboe is asking the U.S. Securities and Exchange Commission (SEC) to allow staking in several spot ether (ETH) exchange-traded funds (ETFs), sending the price of token 2% higher over the past 24 hours. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Sign me…

CORRECTION (March 11, 15:40 UTC): Removes incorrect figure from headline. The earlier version said Taproot Wizards was looking to raise around $34 million, based on the sale of 2,121 wizards at 0.2 BTC each. However, many buyers would pay only 0.1 BTC because of participation in the Quantum Cats sale of a year ago. An…

The establishment of a Strategic Bitcoin Reserve (SBR) in the U.S. is a “monumental endorsement” of the world’s largest cryptocurrency, broker H.C. Wainwright said in a research report Monday. The move mints bitcoin’s “legitimacy in the mold of humanity’s most historically prized asset: gold,” analysts Kevin Dede and Michael Donovan wrote. STORY CONTINUES BELOW Don’t…

Bitwise Invest has launched the Bitwise Bitcoin Standard Corporations ETF (OWNB), an exchange-traded fund designed to track publicly traded companies that hold at least 1,000 bitcoin (BTC). The index follows specific rules: companies must hold a minimum of 1,000 BTC, with holdings weighted based on the amount of bitcoin owned. The largest holding is capped…

An Ethereum user saved several MakerDAO positions from the brink of a $360 million liquidation cascade on Tuesday, adding collateral at the final hour as the price of ETH tumbled. One of the positions had a liquidation price of $1,928, this was triggered alongside a market plunge during U.S. trading hours. The ETH was less…

Wall Street asset management firm Cantor Fitzgerald has tapped Copper and Anchorage Digital as custodians for its new bitcoin (BTC) financing business, which aims to provide institutional investors with leverage on their bitcoin holdings, the firm said on Tuesday. “We are launching with $2 billion in initial financing and expect to substantially grow the operation…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2525.03, up 3.6% (+87.07) since 4 p.m. ET on Monday. STORY CONTINUES BELOW Don’t miss another story.Subscribe to the Crypto Long & Short Newsletter today. See all newsletters Sign…

Circle has launched on Tuesday the upgraded version of its Cross-Chain Transfer Protocol (CCTP V2), a tool that facilitates USDC transfers across blockchains. The company said that the upgrade significantly cuts down transaction times to seconds from the typical 13-19 minutes on Ethereum and its Layer 2 networks. CCTP, introduced in 2023, is designed to…

Draconian crypto regulation that stopped U.S. citizens from benefiting from airdrops — a way of rewarding communities of users by distributing free tokens — has cost Americans as much as $2.6 billion in potential revenue and the government as much as $1.4 billion in lost tax income in the past four years, according to venture…