Analysis
Crypto
Fundstrat’s Tom Lee believes Bitcoin will surge 200% to $150k this year and $500k in 5 years
Tom Lee said that easing monetary policy and sustained demand point to a continued rally for Bitcoin to $150,000 in 2024.
Regulation
South Africa advances financial inclusion with crypto and digital payment reforms
South Africa intends to legitimize crypto payments and make them an intrinsic part of the local economy over the coming years.
Legal
Sam Bankman-Fried dismisses conflict-of-interest concerns after changing lawyers
The change in legal representation was formalized in a court appearance on Feb. 21, the first since Bankman-Fried's conviction in 2023.
Legal
Montenegro high court greenlights Do Kwon’s extradition to US
The timeline for his extradition is unclear and could take several weeks or months to finalize.
ETF
VanEck Bitcoin ETF records 14x surge in daily volume
VanEck Bitcoin Trust's (HODL) volume spike has ignited widespread discussion, with various theories circulating within the crypto and financial communities.
Regulation
Hong Kong issues regulatory standards for tokenized financial products
The initiative aims to foster innovation while ensuring robust consumer protection within the burgeoning field of tokenization
Banking
Chainlink exec says leading banks have begun tokenizing real world-assets
Chainlink exec Niki Ariyasinghe said the move toward tokenization is not speculative; it's already in full swing.
Regulation
South Korea’s ruling party proposes delay in crypto taxation as election pledge
The decision aligns with the government and legislative consensus to prioritize regulatory groundwork before enforcing taxation on virtual assets.
Regulation
Japan greenlights bill allowing investment firms to hold crypto
The bill is part of a broader legislative proposal aimed at enhancing Japan's industrial competitiveness.
AI
OpenAI valuation crosses $80 billion following latest deal, Sora launch
The company is reportedly undertaking a tender offer orchestrated by Thrive Capital in an effort to raise more funds.
Market
Bitcoin market cap drops below $1 trillion as price retreats under $51k
Bitcoin crypto was trading at $50,856 as of press time after touching a low of $50,625 — down a little under 3% over the past 24 hours.
CBDCs
ECB exec allays privacy concerns surrounding digital euro
Piero Cipollone assured the Parliament that the digital euro would feature superior privacy protections compared to existing commercial payment solutions and include anonymous transactions for offline payments.