Ether Could Hit $4,000 With Likely Spot ETH ETF Approval in May: Standard Chartered

The British bank predicts that the SEC will eventually treat spot ether ETF applications similarly to bitcoin ETFs, putting May 23 as the expected date for an approval.Source

Bitcoin Price Nears $44K as ETFs See Net Inflows for First Time in a Week

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in one week, helping to send the price of bitcoin to its highest level since the day after the funds began trading.Source

Thailand’s SEC Breaks New Ground in 2024 With Crypto-Friendly Rules

Thailand’s SEC has updated its rules by removing retail investors’ limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business.Source

Taproot Wizards Delays ‘Quantum Cats’ Sale for 2nd Time, After Messy Bitcoin NFT Debut

“We had big plans for mint day and we didn’t live up to your expectations of us and to our expectations of ourselves,” Taproot Wizards co-founder Udi Wertheimer posted on X.Source

How the Crypto Industry Responded to FinCEN’s Proposed Mixer Rule

Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry had a chance to weigh in. Here’s the gist of their responses.Source

Circle to Issue Its Stablecoin USDC on Celo Network to Boost RWA Capabilities

Celo, which is in the midst of transforming into an Ethereum layer 2 network, increasingly positions itself as a blockchain for real-world assets.Source

Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion

The deal allows the Web3 payments infrastructure provider’s users in over 145 countries to easily convert crypto into local fiat currencies.Source

German Police Seize $2.1B Worth of Bitcoin in Piracy Sting

Police in Germany have provisionally seized 50,000 bitcoin worth $2.17 billion in what it is calling its largest seizure to date.Source

First Mover Americas: Bitcoin Eclipses $43K Having Gained Nearly 10% in a Week

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit.Source