Crypto
Regulation
EU agency says crypto firms can sometimes serve non-European users
Foreign clients may be able to initiate services from EU-based companies.
ETF
TD Cowen expects spot Ethereum ETF no earlier than 2025 or 2026
May 2024 approvals may be unlikely due to Gary Gensler's political career.
AI
PayPal to launch AI-powered products
At least three of the firm's six newly-announced tools will harness AI.
ETF
Bitwise executive confirms ETF received $400 of unsolicited Bitcoin
CTO Hong Kim denied that any problems could arise from those funds.
Analysis
Bitcoin breaks past $42k, hitting a five-day high
Bitcoin ETF flows and upgrades to Coinbase's stock rating are likely at play.
Adoption
Crypto saw 62 million acquired users across eight chains in 2023: Flipside report
Flipside Crypto also forecasts increased multi-chain interactions and Layer 2 engagements in the 2024 DeFi landscape.
Crime
U.S. plans to sell $130 million of Bitcoin seized in connection with Silk Road
The U.S. government previously seized the funds from a Xanax seller and a former U.S. agent.
Analysis
Bitcoin recovers above $40k amidst GBTC outflows, other ETF inflows
Bitcoin bounces back over $40,100 amid shifting ETF inflows and outflows, GBTC movements point to market impact.
Bankruptcy
New FTX probe should be limited in cost and duration: bankruptcy judge
Judge John Dorsey said that the examination should take 45 days or less.
ETF
SEC delays BlackRock’s spot Ethereum ETF; decisions are still due in May
The SEC must now institute proceedings around BlackRock in March.
Legal
Nexo demands $3 billion in damages over canceled Bulgarian investigation
The crypto lender said that the now-dropped charges harmed its reputation and brand.
ETF
SEC has a ‘hard no’ stance on spot Ethereum ETFs, but issuers are optimistic: FOX reporter
FOX Business' Eleanor Terrett relayed comments from various sources today.