Bitcoin ETF Buying Led by Retail, Hedge Funds, FAs; Larger Players Still to Come: Bitwise CIO

The ten spot bitcoin ETFs have arguably had one of the most successful launches in history with trading volume and inflows reaching new highs this week, but Bitwise Chief Investment Officer Matt Hougan expects even more demand is on the way.Source

Bitcoin Could Slide to $42K After Halving Hype Subsides, JPMorgan Says

The bitcoin production cost has historically acted as a lower boundary to the cryptocurrency’s price, the report said.Source

Crypto for Advisors: Private Credit Meets the Blockchain

In the world of digital assets, real world assets on-chain private credit brings the process of lending and borrowing against real-world assets onto a blockchain.Source

Nigeria Detains Binance Executives as It Investigates the Crypto Exchange: Reports

Binance executives were intercepted by Nigerian officials and their passports seized after they landed in the country.Source

Coinbase Adds ‘Smart Wallet’ Feature, So Lengthy Seed Phrases Aren’t Needed

The smart wallet will be an addition to Coinbase Wallet SDK, and the embedded wallets feature will be powered by “wallet as a service.”Source

Digital Asset Manager Onramp Invest Integrates CoinDesk 20 Index for RIAs

Onramp is the first U.S.-based firm to allow for investible access via the CoinDesk 20 Index.Source

IOTA’s Ecosystem Foundation Commits $10M for Tokenization, Trade Startups

IOTA’s recently-launched Ecosystem Foundation is making its first series of investments, committing $10 million to to early-stage startups focused on digital trade and tokenization of real world assets (RWAs).Source

First Mover Americas: BTC Volatility Spikes, Crypto Derivatives Volume Surges

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Solana Gaming Project MixMob Bags Stormtrooper NFT Licensing Rights

MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.Source

Floki Developers Plan to Burn $11M Tokens, Reducing Supply by 190B FLOKI

The figure represents 2% of the token’s circulating supply, or the number of tokens on the open market.Source