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Coinbase Vaults Beyond 1 Million Bitcoin Mark, Stash Valued Over $52 Billion

On Friday, Feb. 16, 2024, bitcoin’s value hovered between $51,850 to $52,350, with onchain insights from Arkham Intelligence revealing that the Nasdaq-listed crypto exchange giant, Coinbase, now possesses over 1…

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$14M Capital Infusion Catapults Ethena Labs’ Valuation; Stablecoin Ranks 9th Largest

On Friday, Ethena Labs, the creators of the stablecoin USDE, secured $14 million in funding from key investors. Following this recent influx of funds and a previous $6.5 million investment…

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Microstrategy’s Bitcoin Investment Flourishes, Valued at Nearly $10 Billion

Based on the latest available data, the Nasdaq-traded Microstrategy possesses 190,000 bitcoins, acquired at a cost of $5.96 billion. Presently, the value of the company’s bitcoin holdings has swelled to…

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Blockchain-Based Loyalty Rewards Foster Brand-Customer Connection, Accelerate Web3 Adoption — Gennady Volchek

Universal loyalty programs can serve as potent tools, not only forging a direct link between a brand and its consumers but also influencing the latter’s shopping behaviour, Gennady Volchek, the…

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Bitcoin Technical Analysis: BTC Consolidates Gains as Traders Eye $53K Resistance Level

As bitcoin weaves through its dynamic trading patterns, its valuation on Feb. 16, 2024, reveals pronounced bullish indicators. Floating within a 24-hour trading window of $51,364 to $52,884, the digital…

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Kraken Starts Requiring Info on Self-Custody Crypto Wallet Ownership in the UK

Kraken, a U.S.-based cryptocurrency exchange, has started requiring additional information in the U.K. regarding transactions of self-custody wallets made to and from its accounts. Kraken sent an email to some…

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Licenced Stablecoin on/off Ramp Yellow Card to Introduce USDC on Stellar Network

The African stablecoin on/off ramp, Yellow Card, is set to introduce the stablecoin USDC on the Stellar network. This partnership has the potential to transform global payments and accelerate the…

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Mexican Billionaire Outlines 4 Key Reasons to Buy Bitcoin — Says ‘You Have to Know How to Invest’

Mexican billionaire Ricardo Salinas has outlined four key reasons why investors should buy bitcoin, including long-term growth potential, diversification, and protection against inflation and currency devaluation. Moreover, he advised: “You…

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Treasury Official Confirms Crypto Isn’t a Popular Tool for Terrorists — Says They ‘Prefer Traditional Products’

U.S. Department of the Treasury’s Under Secretary Brian E. Nelson has confirmed that terrorists’ use of crypto remains a small fraction of more established mechanisms to move money. He also…

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