Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible? Author: Emily Parker
Archives for February 2024
EigenLayer Lifts Staking Cap, TVL Soars Past $3B
Liquid restaking protocol EigenLayer has removed its 200,000 ether {{ETH}} staking cap, spurring a $TkTkTk rise in TVL in a matter of hours. Author: Oliver Knight, Sam Kessler
Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
New U.S. bitcoin ETFs have amassed $7.7 billion in funds since debut, offsetting the $6 billion outflows from incumbents, according to CoinShares data. Author: Krisztian Sandor
Stablecoin Tether’s Increasing Dominance Is Bad for Crypto Markets, JPMorgan Says
Other stablecoins such as USD Coin may benefit from the coming regulatory crackdown and gain market share, the report said. Author: Will Canny
El Salvador’s Bitcoin-Friendly President Nayib Bukele Wins Re-Election
The country in 2021 became the first nation to adopt bitcoin as legal tender. Author: Krisztian Sandor
