Today at Chaintalk News

February 28, 2024

Crime, Funding, Partnership: All this in this Week’s Crypto News Edition

cointelegraph

Why is Bitcoin price up today?

Strong institutional buying and anticipation of the upcoming Bitcoin halving have kept BTC in “up only” mode.

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cointelegraph

US Fed warns foreign CBDCs and stablecoins could lead to ‘erosion of dollar’s role’

According to the Fed, a large, stable foreign CBDC is unlikely to affect the dollar’s utility as a value storage mechanism but its use as a medium of exchange could be dampened.

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cointelegraph

Bitcoin ASIC maker Canaan's revenue stagnant despite crypto bull run

The firm's ASIC orders have increased while pricing decreased, leading to an overall negative revenue growth.

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cointelegraph

Why is Ether (ETH) price up today?

Ethereum price is holding above the $3,200 psychological mark, bolstered by Bitcoin’s positive price action and the anticipation of the Dencun upgrade.

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cointelegraph

Do Kwon likely won’t be extradited ‘before the end of March,’ say lawyers

According to Do Kwon’s legal team, a Montenegrin High Court made a Feb. 21 ruling to extradite the Terraform co-founder to the United States “based on erroneous information.”

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cointelegraph

Jameson Lopp: Skeptical of spot Ether ETFs, BTC price prediction dilemma: X Hall of Flame

Casa co-founder Jameson Lopp doubts the approval of any other crypto ETF in the near future: X Hall of Flame

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cointelegraph

Solana outage raises questions about client diversity and beta status

Solana’s latest outage was its first in nearly a year and around half a dozen in the past two years, but despite that, the blockchain is thriving with network activity and a token price surge.

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cointelegraph

Ripple’s XRPL taps Axelar for RWA, cross-chain communication

The partnership between Ripple and Axelar is part of a strategic move into tokenizing real-world assets.

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cointelegraph

Crypto.com pairs up with Latin America’s biggest investment bank in stablecoin push

Crypto.com will promote the BTG Dol stablecoin by pairing it with digital assets like Bitcoin and Ether on its trading platform.

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cointelegraph

Southeast Asia lays the groundwork to become crypto, blockchain, AI hub

The region has ambitions to become a global tech hub with a focus on crypto, blockchain and AI, as highlighted by Nathan Kim, marketing director at Unopnd.

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cointelegraph

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

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cointelegraph

Spot Bitcoin ETFs accumulate 300K BTC as net inflow rises to $6B

Amid strong inflows into Bitcoin ETFs, the BTC price hit a new two-year high of over $57,000 as its market cap breached $1.1 trillion.

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cointelegraph

OKX announces launch of Turkish platform

The platform will host major cryptocurrency pairings with the Turkish lira, such as USDT, BTC and ETH, along with “sophisticated crypto functionalities.”

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cointelegraph

Spanish financial regulator warns investors over 18 unlicensed entities

The list contains several crypto firms among companies trading without the correct licenses.

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cointelegraph

Nifty News: Yuga cuts non-royalty markets, South Korea to discuss NFTs with Gary Gensler

Yuga Labs takes down some of its NFT collections from marketplaces that do not support creator royalties.

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cointelegraph

Vitalik Buterin has an open-source solution to Elon Musk’s Microsoft OS issues

A few users on X lauded Buterin for promoting open-source software; however, a few others also pointed out that Linux has its own share of issues.

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cointelegraph

US senators oppose Joe Biden’s CBDC plans

The Federal Reserve’s plan for digital dollar issuance in the United States was met with a roadblock after five senators filed legislation demanding a ban on CBDCs.

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cointelegraph

How to trade Bitcoin during the halving period?

Explore the dynamics of Bitcoin halving and its historical impact on price trends while preparing for the upcoming 2024 halving.

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cointelegraph

GBTC hits lowest-ever $22M outflow, raising hopes for end to Bitcoin bleed

Grayscale’s ETF bleeding has slowed again, while other funds have seen another strong day of inflows, lifting them to a fortnightly high.

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cointelegraph

Bitcoin short sellers are out $161M as Bitcoin surprises with 11% rally

Bitcoin’s massive surge upward saw more than $268 million in shorts liquidated throughout the wider crypto market.

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cointelegraph

Bitcoin L2 tokens surge double digits as BTC notches 25-month high

Bitcoin smart contract and scaling platform tokens such as Stacks and RIF have become beneficiaries of the recent Bitcoin surge.

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cointelegraph

Not buying Bitcoin early was the ‘biggest mistake I’ve ever made’ — Trevor Noah

During a tech conference in Qatar, the South African comedian was asked to talk about the biggest mistake he’s ever made in his life.

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cointelegraph

Mistral AI startup launches LLM to take on ChatGPT, Gemini and Claude

Mistral AI also unveiled a partnership with Microsoft, which will make Mistral Large accessible on Azure AI Studio and Azure Machine Learning.

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cointelegraph

ENS to end eth.link domain suit after DAO greenlights $300K settlement

ENS Labs has been given approval from its DAO to settle and dismiss a legal fight over the ownership of the eth.link domain.

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cointelegraph

Blast TVL crosses $2B as it targets mainnet launch on Feb. 29

More than $2.1 billion has been locked on the Blast protocol as users eagerly await an airdrop slated for May.

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cointelegraph

‘New nine’ spot Bitcoin ETF volumes reach new daily high as BTC nears $55K

BlackRock’s IBIT made up more than 50% of the daily trading volume and even smashed its own daily record by more than 30%.

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cointelegraph

Price analysis 2/26: SPX, DXY, BTC, ETH, BNB, SOL, XRP, ADA, AVAX, DOGE

Bitcoin targets new highs above $55,000. Will altcoins follow?

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cointelegraph

The Dencun Upgrade is not enough to scale Ethereum

Network capacity is a growing issue for Ethereum. The Dencun upgrade may help, but the broader solution lies in multi-chain solutions — appchains and rollups.

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cointelegraph

Chinese ministry posts warning about fake digital yuan app

The app differs from the official version in subtle ways and steals users’ money and sensitive information.

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cointelegraph

4 reasons why Ethereum is finally topping out versus Bitcoin

The ETH/BTC pair is showing weakness today. Cointelegraph explains why.

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