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Genesis GBTC sell-off will balance out in crypto market — Coinbase

Coinbase forecasts that funds from Genesis' GBTC sell-off would "remain within the crypto ecosystem," despite fears of it potentially impacting Bitcoin's price.

Aussie cop accused of stealing 81 Bitcoins during raid: Report

The Australian federal police officer denies allegations of taking Bitcoin from a hardware wallet at the crime scene and transferring it to crypto exchange Binance.

Ether staking tops $85B, US banks fighting for BTC custody slice, and more: Hodler’s Digest, Feb. 11-17

Ether staking reaches $85 billion, U.S. banks push SEC to update crypto definition, and Changpeng Zhao’s sentencing is delayed.

Bitcoin ETFs posted $2.2B net inflows over the week

BlackRock's Bitcoin ETF received most of the week’s inflows, amassing $1.6 billion in capital from Feb. 12 to 16.

Bitcoin price unlikely to hit all-time high before the halving — Here’s why

Bitcoin price might fail to top $70,000 before the April 2024 supply halving, but the longer-term projection looks positive.

FTX creditors sue bankruptcy law firm S&C alleging fraud involvement

FTX creditors are seeking damages against the law firm Sullivan & Cromwell for its prior involvement with the crypto exchange.

OpenAI’s valuation reportedly soars to $80 billion in latest deal

The firm reportedly plans to sell current shares in a tender offer allowing employees to sell their shares, differing from a standard funding round to raise capital for business operations.

Tech giants pledge to curb AI election interference

The agreement is voluntary and doesn’t go as far as a complete ban on AI content in elections.

What is a blockchain validator?

A blockchain validator verifies transactions in the proposed blocks and helps build new blocks. In return, they receive cryptocurrency.

Bitcoin mining difficulty surpasses 80 trillion ahead of halving

At its automated readjustment on Feb. 15, Bitcoin mining difficulty was due to increase by an estimated 6%.

Jupiter's compliance division revokes investment in Ripple XRP ETP: Report

Jupiter Asset Management's compliance department reportedly flagged and then cancelled the Ripple XRP ETP purchase, resulting in a minor loss.

Celsius distributes $2B of crypto to 172K creditors

According to the court filing, around 20,500 Bitcoins and 301,000 Ether tokens have been distributed among eligible creditors, without any security or operational issues.

Crypto could learn about whistleblowers from the SEC

Cryptocurrency needs a whistleblower program to diminish the likelihood of FTX-style manipulation or fraud during the bull market ahead.

Honduras regulator bans banks from holding, transacting with crypto

The National Banking and Securities Commission of Honduras imposed the ban because of the country’s lack of regulation.

Coinbase donates $3.6M to Bitcoin developers through Brink

The donation went through Coinbase’s GiveCrypto initiative, which the exchange announced in December it planned to wind down.

Crypto Biz: Franklin Templeton doubles down on crypto, Bakkt seeks capital, and more

This week’s headlines include Franklin Templeton’s entry into the Ether ETF race, Ripple’s new custody deal, Bakkt’s sale of securities and CoinShares’ Q4 earnings.

Ethereum traders target $3K, but historical data raises a few red flags for ETH price

ETH bulls call for $3,000 as the next stop for Ether, but the altcoin corrected by 46% the last time it traded above this level.

Digital euro will have better privacy than private systems, ECB exec says

An ECB board member told the European Parliament the digital euro will free users of threats to private payment technology.

Interoperability across blockchain networks: Cointelegraph Accelerator picks Dojima Omnichain Network

Omnichain layer-1 platform Dojima Omnichain Network has become the latest pick of Cointelegraph Accelerator.

Arkham Intelligence identifies MicroStrategy Bitcoin holdings pooled with Fidelity

Roughly 107,000 BTC of MicoStrategy’s holdings appeared pooled with Fidelity Custody, while 79,000 BTC was “held in segregated custody including Coinbase Prime.”

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