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Latest headlines from Coindesk.

Citi Bank Tests Tokenization of Private Equity Funds on Avalanche

The firm tested a variety of use cases through Avalanche's subnet with a focus on private markets.

https://www.coindesk.com/markets/2024/02/14/citi-bank-tests-tokenization-of-private-equity-funds-on-avalanche/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

EigenLayer's Cap Lift Prompts $4B Inflow as ETH Restaking Heats Up

EigenLayer has become the fifth largest protocol in decentralized finance (DeFi) following more than $4 billion in inflows over the past two weeks.

https://www.coindesk.com/business/2024/02/14/eigenlayers-cap-lift-prompts-4b-inflow-as-eth-restaking-heats-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fed Chair Powell Told House Democrats U.S. Needs Stablecoin Bill: Politico

Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.

https://www.coindesk.com/policy/2024/02/14/fed-chair-powell-told-house-democrats-us-needs-stablecoin-bill-politico/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Food Company Mondelēz International Joins Hedera Council to Experiment With DLT

The company will use the Hedera Hashgraph technology to improve business efficiencies.

https://www.coindesk.com/business/2024/02/14/food-company-mondelez-international-joins-hedera-council-to-experiment-with-dlt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Custodian Taurus Enlists Lido to Bring Liquid Ethereum Staking to Swiss Banks

Taurus, which counts Deutsche Bank and Santander as partners, expects European jurisdictions to follow Switzerland’s example.

https://www.coindesk.com/business/2024/02/14/crypto-custodian-taurus-enlists-lido-to-bring-liquid-ethereum-staking-to-swiss-banks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Satoshi-Era Bitcoin Function 'OP_CAT' Dusted Off as Development Fervor Grows

Developers Ethan Heilman and Armin Sabouri view OP_CAT as a simple opcode that offers some of the general purpose functionality currently missing in Bitcoin.

https://www.coindesk.com/tech/2024/02/14/satoshi-era-bitcoin-function-op-cat-dusted-off-as-development-fervor-grows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Stocks Advance Pre-Market as Bitcoin Tops $51K, Market Cap Hits 26-Month High

Total crypto market cap climbed to $2 trillion for the first time since April 2022.

https://www.coindesk.com/business/2024/02/14/crypto-stocks-advance-pre-market-as-bitcoin-tops-51k-market-cap-hits-26-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

UK Financial Watchdog Issued 450 Alerts on Illegal Crypto Promotions in Last Three Months of 2023

The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.

https://www.coindesk.com/policy/2024/02/14/uk-financial-watchdog-issued-450-alerts-on-illegal-crypto-promotions-in-last-three-months-of-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Traders Target $64K as BlackRock ETF Nears $500M in Single-Day Inflow

Excluding Grayscale's Bitcoin Trust, the bitcoin exchange-traded funds have accumulated over $11 billion worth of BTC a month after going live.

https://www.coindesk.com/markets/2024/02/14/bitcoin-traders-target-64k-as-blackrock-etf-nears-500m-in-single-day-inflow/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Starknet's STRK Could Debut With Market Cap of Over $1B, Aevo's Pre-Launch Futures Suggest

Starknet is set to launch its native token STRK through an airdrop of 728 million coins on Feb. 20.

https://www.coindesk.com/markets/2024/02/14/starknets-strk-could-debut-with-market-cap-of-over-1b-aevos-pre-launch-futures-suggest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Hits $51K, Regains $1T Market Capitalization

Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund (ETF) products grows.

https://www.coindesk.com/markets/2024/02/14/bitcoin-hits-51k-regains-1t-market-capitalization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Layer-2 Chain Starknet's Much-Awaited STRK Token Airdrop Coming Next Week

The airdrop will happen on Feb.20, and eligible users have until June 20 to claim their tokens.

https://www.coindesk.com/tech/2024/02/14/layer-2-chain-starknets-much-awaited-strk-token-airdrop-coming-next-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Futures Open Interest Tops $21B, Highest Since November 2021

While notional open interest has surged, the overall leverage build-up is still relatively low.

https://www.coindesk.com/markets/2024/02/14/bitcoin-futures-open-interest-tops-21b-highest-since-november-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sandbox’s SAND Slides, ApeCoin Steady Ahead of $125M in Unlocks

Token unlocks refer to the release of previously locked or restricted tokens into the market.

https://www.coindesk.com/markets/2024/02/14/sandboxs-sand-slides-apecoin-steady-ahead-of-125m-in-unlocks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

An interest rate cut isn't likely on the table, but risk assets are doing just fine

https://www.coindesk.com/markets/2024/02/14/risk-assets-like-bitcoin-are-defying-low-fed-rate-cut-expectations-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Fear & Greed Index Hits Highest Level Since Bitcoin's 2021 Record High

The Fear & Greed Index for Bitcoin, which aggregates data on market momentum, volatility, volume and social media, is now at 79 out of 100, its highest score since Bitcoin reached $69,000 in November ...

https://www.coindesk.com/consensus-magazine/2024/02/14/crypto-fear-greed-index-hits-highest-level-since-bitcoins-2021-record-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

A few years ago, bitcoin {{BTC}} became a popular means to conduct illegal transactions to support a booming global business in the smuggling and exploitation of people, according to an analysis relea...

https://www.coindesk.com/policy/2024/02/13/bitcoin-favored-in-human-trafficking-child-exploitation-fincen-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The SEC Takes on Dealer Definitions

The U.S. Securities and Exchange Commission published a new definition for securities dealers, capturing crypto.

https://www.coindesk.com/policy/2024/02/13/the-sec-takes-on-dealer-definitions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Robinhood's Higher Crypto Revenue Could be Positive for Coinbase Earnings

The shares of the popular trading platform rose 15% after beating earnings and revenue estimates.

https://www.coindesk.com/business/2024/02/13/robinhoods-higher-crypto-revenue-could-be-positive-for-coinbase-earnings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As EtherRocks Hit Sotheby’s, Who Is Laughing Hardest?

Literally clipart of rocks, the NFTs are a popular joke on digital art. Now the storied auction house is selling them, they may become even more collectible, says Daniel Kuhn.

https://www.coindesk.com/consensus-magazine/2024/02/13/as-etherrocks-hit-sothebys-who-is-laughing-hardest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines