Category: CoinDesk
An asset that gains from disorder is surely worth having in one’s portfolio, says Jennifer Murphy, CEO of Rune Digital Assets. Source: https://www.coindesk.com/business/2024/02/14/how-bitcoin-benefits-from-global-stresses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The firm tested a variety of use cases through Avalanche’s subnet with a focus on private markets. Source: https://www.coindesk.com/markets/2024/02/14/citi-bank-tests-tokenization-of-private-equity-funds-on-avalanche/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
During the presidential campaign, vice-presidential candidate Gibran discussed crypto and blockchain as a means to expand job opportunities for the country’s younger generation. Source: https://www.coindesk.com/policy/2024/02/14/indonesia-picks-crypto-friendly-team-in-presidential-election/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
EigenLayer has become the fifth largest protocol in decentralized finance (DeFi) following more than $4 billion in inflows over the past two weeks. Source: https://www.coindesk.com/business/2024/02/14/eigenlayers-cap-lift-prompts-4b-inflow-as-eth-restaking-heats-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Taurus, which counts Deutsche Bank and Santander as partners, expects European jurisdictions to follow Switzerland’s example. Source: https://www.coindesk.com/business/2024/02/14/crypto-custodian-taurus-enlists-lido-to-bring-liquid-ethereum-staking-to-swiss-banks/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Developers Ethan Heilman and Armin Sabouri view OP_CAT as a simple opcode that offers some of the general purpose functionality currently missing in Bitcoin. Source: https://www.coindesk.com/tech/2024/02/14/satoshi-era-bitcoin-function-op-cat-dusted-off-as-development-fervor-grows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Total crypto market cap climbed to $2 trillion for the first time since April 2022. Source: https://www.coindesk.com/business/2024/02/14/crypto-stocks-advance-pre-market-as-bitcoin-tops-51k-market-cap-hits-26-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund (ETF) products grows. Source: https://www.coindesk.com/markets/2024/02/14/bitcoin-hits-51k-regains-1t-market-capitalization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The airdrop will happen on Feb.20, and eligible users have until June 20 to claim their tokens. Source: https://www.coindesk.com/tech/2024/02/14/layer-2-chain-starknets-much-awaited-strk-token-airdrop-coming-next-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
While notional open interest has surged, the overall leverage build-up is still relatively low. Source: https://www.coindesk.com/markets/2024/02/14/bitcoin-futures-open-interest-tops-21b-highest-since-november-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines