Crypto

Source: Coin Tegraph Adrienne Harris, the head of the New York State Department of Financial Services, has been called the most powerful crypto regulator in the United States.  Read Full Article

Source: Bitcoinist Shiba Inu (SHIB) has witnessed a massive spike in its burn rate in the last 24 hours, providing a bullish outlook for the second-largest meme coin by market cap. This development is significant as the surge in the Shiba Inu burn rate could help spark a SHIB price rally to its current all-time…

Source: Coin Tegraph Only days earlier, Canary filed to create an XRP ETF in what analysts dub a “call option” on the November US presidential elections.  Read Full Article

Source: Bitcoinist In a notable development for the cryptocurrency market, asset management firm Canary Capital has officially filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the first spot Litecoin ETF in the country.  Canary Capital Seeks To Launch Litecoin ETF In a statement released on Tuesday, Canary Capital…

Source: Coin Tegraph Venture firm Pantera Capital is backing the gaming startup’s Series A, with participation from a16z Crypto, a16z GAMES, and NFX.  Read Full Article

Source: Coin Tegraph ETH options analysts say the “relatively small number” of Ether calls bought suggests that the altcoin’s price gains may be limited in the near term. Read Full Article

Source: Bitcoinist Spot Bitcoin US exchange-traded funds (ETFs) are roaring today, recording the highest inflow in four months as a total sum of $556 million streamed into 12 funds. Coincidentally, by the time the inflow was received, Bitcoin was rebounding as it touched a two-week high at $66,500. The highest single-day flow, at $239 million,…

Source: Coin Tegraph Range-bound price action shouldn’t obscure the fast progress being made in bringing institutions and users onchain, Coinbase and Glassnode said in a Q4 report.  Read Full Article

Source: Coin Tegraph The company raised $210 million in debt financing less than a month after launching a security token offering in Europe. Read Full Article

Source: Bitcoinist Charles Hoskinson, the founder of Cardano, has revealed substantial progress in the development and research of new protocols. Via X, Hoskinson stated: “Ouroboros Peras is one of the best prototyped protocols we have—a literate Agda specification, a CIP, simulations, and a working prototype prior to the final paper being published. Already negotiating implementation…