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Latest headlines from Coindesk.

Institutional Crypto Wallet Provider Utila Raises $11.5M, Aims to Facilitate Tokenization Boom

Utila's self-custodial wallet offers a simplified user interface, fast onboarding process and recently added enhanced tokenization capabilities to better serve token issuers, co-founder and CEO Bentzi...

https://www.coindesk.com/business/2024/03/05/institutional-crypto-wallet-provider-utila-raises-115m-aims-to-facilitate-tokenization-boom/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Price Eyes Record This Week

The latest price moves in bitcoin (BTC) and crypto markets in context for March 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/03/05/first-mover-americas-bitcoin-price-eyes-record-this-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Lender Nexo Secures First Regulatory Victory in Dubai

Nexo, a company offering digital asset services, has won initial approval as a licenced entity in Dubai from the region's Virtual Assets Regulatory Authority (VARA), it announced Tuesday.

https://www.coindesk.com/policy/2024/03/05/crypto-lender-nexo-secures-first-regulatory-victory-in-dubai/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Terra's Do Kwon Wins Extradition Appeal in Montenegro

Kwon is facing fraud charges in the U.S. around his role in Terra's collapse.

https://www.coindesk.com/policy/2024/03/05/terras-do-kwon-wins-extradition-appeal-in-montenegro/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

DWF Labs to Buy $10M of TokenFi’s TOKEN, Plans to Develop AI Products

The purchase will be done over a two-year period, developers told CoinDesk.

https://www.coindesk.com/business/2024/03/05/dwf-labs-to-buy-10m-of-tokenfis-token-plans-to-develop-ai-products/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

WIF Rebounds on Binance Listing Plan as Other Meme Coins Run Out of Steam

Crypto exchange Binance said it will add dogwifhat (WIF) to its listings, lifting the Solana-based meme coin's price back into the black for the day despite a sell-off in the wider meme-coin market.

https://www.coindesk.com/business/2024/03/05/wif-rebounds-on-binance-listing-plan-as-other-meme-coins-run-out-of-steam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Deutsche Boerse Starts Crypto Trading Platform for Institutional Clients

Deutsche Boerse will operate the trading venue, and Crypto Finance will provide settlement and custody services.

https://www.coindesk.com/business/2024/03/05/deutsche-boerse-starts-crypto-trading-platform-for-institutional-clients/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny

Two Binance executives were recently detained in the country, and the exchange’s CEO Richard Teng, has been summoned to appear before a committee.

https://www.coindesk.com/policy/2024/03/05/binance-will-discontinue-its-nigerian-naira-services-after-government-scrutiny/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fantom Seeks Money Back From Multichain’s $200M Exploit

The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023.

https://www.coindesk.com/business/2024/03/05/fantom-seeks-money-back-from-multichains-200m-exploit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Payments Specialist Baanx Raises $20M Funding Round

The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.

https://www.coindesk.com/business/2024/03/05/crypto-payments-specialist-baanx-raises-20m-funding-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin ETF Issuer VanEck Has Huge Crypto Growth Goals in Europe

VanEck, a 69-year-old asset manager with a history of bringing newfangled investments to customers, has high hopes for the role crypto will play in its European division.

https://www.coindesk.com/business/2024/03/05/bitcoin-etf-issuer-vaneck-has-huge-crypto-growth-goals-in-europe/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shiba Inu Prices Briefly Dropped 50% on Coinbase

The tokens have logged over $1.7 billion in volumes on the regulated exchange in the past 24 hours, the most among counterparts.

https://www.coindesk.com/markets/2024/03/05/shiba-inu-prices-briefly-dropped-50-on-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miners Need to Be Proactive to Hold Their Positions After Halving: Fidelity Digital Assets

As the protocol evolves, new layers could emerge bringing new use cases and more users, the report said.

https://www.coindesk.com/business/2024/03/05/bitcoin-miners-need-to-be-proactive-to-hold-their-positions-after-halving-fidelity-digital-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Liquidations Cross $550M as Bitcoin Remains Volatile Ahead of Historic Highs

Memecoin futures took on nearly $90 million in liquidations as prices corrected after a massive rally in the past week.

https://www.coindesk.com/markets/2024/03/05/crypto-liquidations-cross-550m-as-bitcoin-remains-volatile-ahead-of-historic-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Deribit's Bitcoin Volatility Index Signals Further Rally, Hits 16-Month High

The surging implied volatility has boosted the allure of "call overwriting" strategies that allow investors to generate additional yield on top of their spot market holdings.

https://www.coindesk.com/markets/2024/03/05/deribits-bitcoin-volatility-index-signals-further-rally-hits-16-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BRICS Will Create Payment System Based on Digital Currencies and Blockchain: Report

The five-nation BRICS group comprising Brazil, Russia, India, China and South Africa will work on creating a payment system based on blockchain and digital technologies, a report by Russian news agenc...

https://www.coindesk.com/policy/2024/03/05/brics-will-create-payment-system-based-on-digital-currencies-and-blockchain-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tops $67K, Nearing Silver's $1.38T Market Cap

Bitcoin's price targets $70,000 in the short term and could reach a new all-time high as soon as this week, analysts said.

https://www.coindesk.com/markets/2024/03/04/bitcoin-tops-67k-nearing-silvers-138t-market-cap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What Happens if Bitcoin Reaches an All-Time High?

What’s different this time? ETFs, Wall Street and a lack of celebrity influencers — for now.

https://www.coindesk.com/consensus-magazine/2024/03/04/what-happens-if-bitcoin-reaches-an-all-time-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Price Action Will 'Astonish' This Week: Analyst

The cryptocurrency hit an all-time high against the euro on Monday and is attempting to push for an all-time high in dollar terms.

https://www.coindesk.com/markets/2024/03/04/bitcoin-price-action-will-astonish-this-week-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether's USDT Stablecoin Touches $100B Market Cap, Benefiting From Crypto Trading Frenzy

USDT, a stablecoin issued by Tether, hit the $100 billion market value for the first time in its history, according to CoinGecko data, as the rally on crypto markets expanded.

https://www.coindesk.com/markets/2024/03/04/tethers-usdt-stablecoin-touches-100b-market-cap-benefiting-from-crypto-trading-frenzy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines