Category: Latest news

[ad_1] The price of Ethereum (ETH) approached $3,000 on Feb. 19 amidst anticipation concerning developments that are expected to occur in the coming months. As of 8:35 pm UTC, ETH was priced at $2,937 with a market capitalization of $352.96 billion. That change represents 4.12% growth over 24 hours — significantly greater than Bitcoin’s 0.4%…

[ad_1] Digital assets in the artificial intelligence sector continued their recent surge, increasing by 10%, as Ethereum co-founder Vitalik Buterin stated that the technology could help the blockchain network mitigate its “biggest technical risk.” CryptoSlate’s data show that several tokens in the sector, including SingularityNET’s AGIX, 0x0.ai, Ocean Protocol’s OCEAN, The Graph’s GRT, Fetch.AI’s FET, and…

[ad_1] In a strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation, local media reported Feb. 19. Party officials announced the intention to explore the delay as a key campaign promise…

[ad_1] Decentralized storage platform Arweave’s AR token jumped to an 18-month high amid several developments within the blockchain network’s ecosystem. Data from CryptoSlate show that AR’s value rose to $14.68 after it soared by around 20% during the past day. This continued a run that has seen it gain over 65% during the past seven…

[ad_1] Crypto exchange Binance announced discontinuing trading and subscription services for its leveraged token offerings, including Bitcoin, Ethereum, and its BNB Coin, effective Feb. 28. According to the Feb. 19 statement, the exchange will delist these tokens and halt redemption by April 3. The affected leveraged tokens are BTCUP and BTCDOWN, ETHUP and ETHDOWN, and…

[ad_1] The Japanese government approved a bill that permits Investment Limited Partnerships to acquire and hold crypto, indicating a shift in the country’s regulatory framework towards digital currencies. The Cabinet sanctioned the bill on Feb. 16. It is part of a broader legislative proposal to enhance Japan’s industrial competitiveness. It includes measures such as tax…

[ad_1] Global digital asset investment products saw significant inflows last week, totaling $1.1 billion, propelling the year-to-date figure to $2.7 billion. The latest weekly report from CoinShares confirmed the surge in the inflow of funds into digital asset investment products, which pushed the assets under management to a peak not seen since early 2022, now…

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[ad_1] Quick Take Bitcoin is on track to carve out its sixth straight month of gains, a rare occurrence that has only transpired once since 2013. This upward momentum started in September 2023, when Bitcoin ETF speculation catalyzed a sharp surge, propelling the digital asset market into Q4 with heightened enthusiasm. Bitcoin registered a 4%…

[ad_1] Quick Take BitMEX’s data analysis presents a clear picture of the recent Bitcoin inflows and outflows into the ETFs. The Bitcoin ETFs experienced a significant inflow of $331 million on Feb. 16, contributing to a weekly net flow of $2.273 billion. This robust inflow marks a continued trend since Jan. 11, with the total…