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Latest headlines from Coindesk.

Mike Novogratz’s Galaxy Digital Should be a ‘Core Holding’ for Digital Asset Investors, Stifel Says

There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said.

https://www.coindesk.com/business/2024/03/15/mike-novogratzs-galaxy-digital-should-be-a-core-holding-for-digital-asset-investors-stifel-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' Airdrops

The platform lets users start their own networks on Bitcoin and is offering developers millions of dollars as grant rewards.

https://www.coindesk.com/markets/2024/03/15/bitcoin-layer-2-project-bvm-gains-traction-with-promise-of-juicy-airdrops/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Avalanche Foundation Snaps up KIMBO, COQ, and Three Other Tokens as First Meme Coin Investment

The Foundation first said in December it would invest in meme coin as part of a digital culture drive.

https://www.coindesk.com/markets/2024/03/15/avalanche-foundation-snaps-up-kimbo-coq-and-three-other-tokens-as-first-meme-coin-investment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs

Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies.

https://www.coindesk.com/policy/2024/03/15/democrats-ask-secs-gensler-to-block-approval-of-more-crypto-etps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin's Correlation to Nvidia Strongest in Over a Year

The 90-day and 52-week correlation between bitcoin and Nasdaq-listed chip maker Nvidia is well above 0.80.

https://www.coindesk.com/markets/2024/03/15/bitcoins-correlation-to-nvidia-strongest-in-over-a-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tumbles to $67K As Asia Begins Trading Day

Bitcoin's price has begun a recovery, trading above $68,5K as the day continues.

https://www.coindesk.com/markets/2024/03/15/bitcoin-tumbles-to-67k-as-asia-begins-trading-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

El Salvador Has Thousands More Bitcoins Than Previously Known

The Central American nation moved $400 million in BTC into a cold storage wallet this week.

https://www.coindesk.com/policy/2024/03/15/el-salvador-has-thousands-more-bitcoins-than-previously-known/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A $300M Ponzi Scheme That Targeted Latinos Falsely Claimed to Buy Crypto, SEC Says

The U.S. Securities and Exchange Commission sued 17 individuals tied to an alleged Ponzi scheme that took in $300 million from over 40,000 victims.

https://www.coindesk.com/policy/2024/03/14/a-300m-ponzi-scheme-that-targeted-latinos-falsely-claimed-to-buy-crypto-sec-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Craig Wright Was Finally Called Out in Court and Hodlonaut Is Celebrating

“It hasn't always been easy, but I'm very happy that I stood my ground,” says Hodlonaut of his long legal fight with Craig Wright, who claimed, falsely, to be Satoshi Nakamoto.

https://www.coindesk.com/consensus-magazine/2024/03/14/craig-wright-was-finally-called-out-in-court-and-hodlonaut-is-celebrating/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether ETFs Could Be Bigger Than Bitcoin ETFs, Says VanEck

The issuer of the VanEck Bitcoin Trust this week dropped its management fee to zero for a limited time in an attempt to attract more capital to that fund.

https://www.coindesk.com/business/2024/03/14/ether-etfs-could-be-bigger-than-bitcoin-etfs-says-vaneck/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Slumps 4%, Falling Below $70K; Solana Outperforms

Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.

https://www.coindesk.com/markets/2024/03/14/bitcoin-slumps-to-4-falling-below-70k-solana-outperforms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump is Clear Favorite Among Crypto-Owning Voters in U.S. Presidential Race: Poll

U.S. presidential candidate Donald Trump is the prevailing favorite of voters who own cryptocurrencies, according to a poll commissioned by crypto investment firm Paradigm and released on Thursday.

https://www.coindesk.com/policy/2024/03/14/trump-is-clear-favorite-among-crypto-owning-voters-in-us-presidential-race-poll/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana-Based Crypto Exchange Drift Plans Pre-Launch Market for New Tokens

Drift Protocol – a crypto spot and futures exchange that operates on the Solana blockchain – plans to expand into "pre-launch markets," too, with a service that lets traders bet on the price of tokens...

https://www.coindesk.com/tech/2024/03/14/solana-based-crypto-exchange-drift-plans-pre-launch-market-for-new-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Biggest Bank Heist in History Is Coming

Regulators are permitting banks to tokenize financial assets such as bank deposits, U.S. Treasuries and corporate debt. But they want institutions to use permissioned networks rather than the decentra...

https://www.coindesk.com/consensus-magazine/2024/03/14/the-biggest-bank-heist-in-history-is-coming/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Story Protocol Works With Crypto-AI Firm Ritual To Train and Track Models On-Chain

Story Protocol will be used to "prove that outputs like text, image, and voice are generated by specific models" so that IP can be tracked, attributed, and compensated correctly.

https://www.coindesk.com/tech/2024/03/14/story-protocol-works-with-crypto-ai-firm-ritual-to-train-and-track-models-on-chain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Justin Sun Deposits $480M of ETH to Restaking Protocol Ether.Fi

Tron founder Justin Sun deposited 120,000 ether worth $480 million into liquid restaking protocol Ether.Fi, according to blockchain data.

https://www.coindesk.com/business/2024/03/14/justin-sun-deposits-480m-of-eth-to-restaking-protocol-etherfi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

North Korean Hackers Used Tornado Cash to Launder $12M From Heco Bridge Hack: Elliptic

Notorious North Korean hackers Lazarus Group has returned to sanctioned coin mixing service Tornado Cash to launder $12 million worth of ether {{ETH}}.

https://www.coindesk.com/business/2024/03/14/north-korean-hackers-used-tornado-cash-to-launder-12m-from-heco-bridge-hack-elliptic/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Graph Expands Subgraph to More Than 40 Blockchains Including Arbitrum, Base

The indexing layer is also expanding to Avalanche and Celo.

https://www.coindesk.com/tech/2024/03/14/the-graph-expands-subgraph-to-more-than-40-blockchains-including-arbitrum-base/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Custody Firm Cordial Systems Names Jump Crypto as Client as It Exits Stealth

Cordial Treasury gives all the software to the customer, not just a bit of a cryptographic key.

https://www.coindesk.com/business/2024/03/14/crypto-custody-firm-cordial-systems-names-jump-crypto-as-client-as-it-exits-stealth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines