Ethereum
As Ethereum’s hotly-anticipated Dencun upgrade approaches, some protocols have upgraded their own networks for compatibility ahead of time.
Bitcoin
The new offering will trade under the $BTC ticker and the distributions will not trigger a capital gains tax.
Business
MetaMask has reportedly teamed up with Mastercard to test an entirely blockchain-based payment card issued by Baanx.
VanEck said it will waive the fee for investing in its spot bitcoin ETF until March 31, 2025 unless its assets under management hit $1.5 billion before that date.
The signs that made analysts confident the SEC would approve spot BTC ETFs in January are currently not present 2 1/2 months before the May deadline for the SEC to make its final decision on the first of the spot ETH ETF applications.
The publicly traded software firm founded by Bitcoin maximalist Michael Saylor has purchased nearly $1 billion in BTC since mid-February.
The UK’s financial regulator announced it would allow institutions to build crypto asset-backed exchange-traded notes and the London Stock Exchange said it would accept applications for such notes.
DeFi
The Arbitrum DAO has deleted a proposal on the protocol’s governance forum to fund Tornado Cash developers’ legal defense with nearly $1.3 million in ARB tokens.
BlackRock’s spot bitcoin ETF has acquired a total of 195,985 bitcoin in the two months since its launch, surpassing MicroStrategy’s holdings of the digital asset, which the company has been acquiring since August 2020.
After the approval of spot Bitcoin ETFs, many crypto watchers expected spot ether ETFs to be approved at the time of a May deadline. But the current outlook is cloudier, leading to speculation about why the SEC might deny.
