Regulation
On Capitol Hill, there is a recognition that letters like these are more about taking a public stance than actually changing policy outcomes.
Bitcoin
The majority of the value locked in Stacks’ smart contracts comes from ALEX, an open-source decentralized exchange, according to data from DefiLlama.
Business
U.S. prosecutors have postponed the criminal sentencing hearing of Binance founder Changpeng Zhao to the end of April.
Digital Currency Group reported a 59% increase year-over-year in fourth quarter revenue, which came in at $210 million.
The filing on Monday makes the $1.5 trillion asset management firm the latest to apply for a spot ETH exchange-traded fund after the successful launch of spot BTC ETFs in January.
NFTs
Non-fungible tokens cannot just be collectibles or status symbols anymore. The key to the longevity and relevance of the once-hot blockchain asset is utility.
The pre-eminent cryptocurrency is trading at its highest levels in more than two years.
The remarks came at a conference on Internet policy in Washington, DC on Monday with top policymakers in attendance.
Ethereum
The unofficial and experimental Ethereum token standard called ERC-404 sparked a trading frenzy last week that saw gas prices reach a peak of 377 gwei. Now, tokens across the sector are down over 30% after seeing a decline late on Sunday.
The combined value of assets under management across spot Bitcoin ETFs surpassed the $10 billion market just one month after they began trading.
