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Latest headlines from Coindesk.

Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs

The question some are now asking is whether the famously conservative firm will pivot on crypto.

https://www.coindesk.com/business/2024/02/29/retiring-ceo-of-giant-asset-manager-vanguard-shunned-bitcoin-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Is Hitting All-Time Highs Around the World

Bitcoin is trading at a premium in many of the world's currencies because of their relative weakness to the USD

https://www.coindesk.com/markets/2024/02/29/bitcoin-is-hitting-all-time-highs-around-the-world/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bank of America, Wells Fargo to Offer Spot Bitcoin ETFs to Clients: Bloomberg

Two Wall Street wealth management giants, Bank of America’s Merrill Lynch and Wells Fargo, are adding spot bitcoin exchange-traded funds to their brokerage platforms, Bloomberg reported, citing people...

https://www.coindesk.com/business/2024/02/29/bank-of-america-wells-fargo-to-offer-spot-bitcoin-etfs-to-clients-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Trading Frenzy Continues After Record $673M Net Inflow as BTC Price Nears Record

BlackRock's bitcoin ETF (IBIT) surpassed $1 billion in trading volume Thursday for the fourth consecutive day.

https://www.coindesk.com/markets/2024/02/29/bitcoin-etf-trading-frenzy-continues-after-record-673m-net-inflow-as-btc-price-nears-record/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trading Platform Robinhood, Layer-2 Arbitrum Team Up To Offer Swaps To Users

Users of Robinhood’s self-custody wallet will have access to Arbitrum swaps in the next coming months.

https://www.coindesk.com/tech/2024/02/29/trading-platform-robinhood-layer-2-arbitrum-team-up-to-offer-swaps-to-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance

The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.

https://www.coindesk.com/policy/2024/02/29/us-house-panel-seems-poised-to-disapprove-of-controversial-sec-custody-guidance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO

The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Houga...

https://www.coindesk.com/markets/2024/02/29/bitcoin-etf-buying-led-by-retail-hedge-funds-fas-larger-players-still-to-come-bitwise-cio/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.

https://www.coindesk.com/business/2024/02/29/bitcoin-could-slide-to-42k-after-halving-hype-subsides-jpmorgan-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.

https://www.coindesk.com/policy/2024/02/29/nigeria-detains-binance-executives-as-it-investigates-the-crypto-exchange-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto for Advisors: Private Credit Meets the Blockchain

In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain.

https://www.coindesk.com/business/2024/02/29/crypto-for-advisors-private-credit-meets-the-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase Adds 'Smart Wallet' Feature, So Lengthy Seed Phrases Aren't Needed

The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by "wallet as a service."

https://www.coindesk.com/tech/2024/02/29/coinbase-adds-smart-wallet-feature-so-lengthy-seed-phrases-arent-needed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Digital Asset Manager Onramp Invest Integrates CoinDesk 20 Index for RIAs

Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index.

https://www.coindesk.com/tech/2024/02/29/digital-asset-manager-onramp-invest-integrates-coindesk-20-index-for-rias/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: BTC Volatility Spikes, Crypto Derivatives Volume Surges

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/02/29/first-mover-americas-btc-volatility-spikes-crypto-derivatives-volume-surges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

IOTA's Ecosystem Foundation Commits $10M for Tokenization, Trade Startups

IOTA's recently-launched Ecosystem Foundation is making its first series of investments, committing $10 million to to early-stage startups focused on digital trade and tokenization of real world asset...

https://www.coindesk.com/business/2024/02/29/iotas-ecosystem-foundation-commits-10m-for-tokenization-trade-startups/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Gaming Project MixMob Bags Stormtrooper NFT Licensing Rights

MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.

https://www.coindesk.com/business/2024/02/29/solana-gaming-project-mixmob-bags-stormtrooper-nft-licensing-rights/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI

The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market.

https://www.coindesk.com/markets/2024/02/29/floki-developers-float-proposal-to-burn-11m-tokens-reducing-supply-by-190b-floki/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Miners Still Selling Their Bitcoin as Reward Halving Looms, Blockchain Data Show

The number of bitcoin held in wallets tied to miners has dropped to the lowest since mid-2021.

https://www.coindesk.com/markets/2024/02/29/crypto-miners-still-selling-their-bitcoin-as-reward-halving-looms-blockchain-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Dogecoin Bullish Bets Reach Record $1B

The tokens were up over 40% in the past 24 hours, continuing a rally as a beta bet on the blockchains they are based upon.

https://www.coindesk.com/markets/2024/02/29/dogecoin-bullish-bets-reach-record-1b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SEC Objects to Terraform’s $166M Retainer of Law Firm Dentons: Reuters

The U.S. Securities and Exchange Commission (SEC) has raised objections to a $166 million retainer payment to lawyers of Terraform, according to Reuters.

https://www.coindesk.com/policy/2024/02/29/sec-objects-to-terraforms-166m-retainer-of-law-firm-dentons-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines