First Mover Americas: AI Mania Heats Up

The latest price moves in crypto markets in context for Feb. 22, 2024.

Ether's $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says

Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin's Griffin Ardern said.

Eigen Labs, Developer Behind Restaking Protocol EigenLayer, Raises $100M From A16z Crypto

Pioneering restaking project EigenLayer, a project led by Sreeram Kannan, isn't even live, but investors are piling in. A16z Crypto is affiliated with the venture capital firm Andreessen Horowitz.

DeFi Startup Euler Finance Bounces Back with Revamped Lending Vaults

Euler v2, slated to go live in Q2, combines the Euler Vault Kit (EVK) to build customized lending markets, with an Ethereum Vault Connector (EVC), which enables vaults to be used as collateral for other vaults.

Ondo Finance Integrates Tokenized Treasuries Onto Aptos

Aptos is the latest chain to offer users access to Ondo’s USDY.

The European Central Bank's Blog Post on Bitcoin ETFs

The ECB blog post by two of its officials.

Bitcoin ETF Net Inflows Slow to a Trickle as Price Flattens

The 10 spot funds attracted only 500 bitcoin on Wednesday, the least since Feb. 6.

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.

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.

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.

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.

The European Central Bank Is Either Lying About Bitcoin or Lying to Itself

ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don’t make a lot of sense.

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.

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.

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.

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.

How PubKey Revived Bitcoin Culture in New York City

NYC-based Bitcoin enthusiasts, as well as the crypto-curious, now have a place to nerd out, discuss and learn about Bitcoin.

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.”

Starknet's STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks

StarkWare, the developer behind the Ethereum layer-2 blockchain Starknet, had come under heavy criticism for the unlocking schedule for its new STRK tokens.

Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It

The SEC sued Kraken last year.

Bitcoin Bets Yield $207M in Gains For Jack Dorsey’s Block

Block, Inc. (SQ) stocks were up 13% in after-market trading hours.