Meme Coins DOGE and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Charts
All 20 of the CD20 assets were positive on the week, with fourteen posting returns greater than 10%.Source
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Grayscale GBTC Selling Accelerates but Bitcoin ETF Inflows Remain Positive, Led by BlackRock
Outflows from Grayscale’s bitcoin fund GBTC spiked Thursday, but inflows into U.S.-listed spot bitcoin ETFs remained positive, led by another strong day for BlackRock’s ETF.Source
Indonesia’s Crypto Watchdog Pushes for Friendlier Taxes as Regulatory Overhaul Looms
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.Source
Craig Wright Accuses Critics of Bugging His House, Spoofing Emails to Bring Him Back to Court
Wright returned to the stand in the U.K. COPA trial to defend accusations of forging doctoring emails he’d sent his former lawyers.Source
BlackRock’s Spot Bitcoin ETF Starts Trading in Brazil
BlackRock’s iShares Bitcoin Trust ETF (IBIT), by far the most successful of the 10 spot bitcoin exchange-traded funds, started trading on the Brazilian stock exchange B3, the company said. The asset manager announced the expansion on Thursday.Source
Nigeria Government Demands $10B From Crypto Exchange Binance: BBC
The exchange allegedly enabled funds to leave Nigeria while the country is trying to restrict capital outflows.Source
Blast, Hyped Layer-2 Chain, Sees Most Deposits Bridge to Yield Manager
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch, but within 24 hours of going live, that figure had dwindled to $650 million.Source
First Mover Americas: Is Bitcoin Rallying Ahead of Schedule?
The latest price moves in bitcoin (BTC) and crypto markets in context for March 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Worldcoin’s WLD Drops as Elon Musk Sues OpenAI
WLD is considered a proxy bet on OpenAI, the Sam Altman-owned artificial intelligence company.Source
Bitcoin Bulls Just Joining the Rally Are Very Late to the Party, Analyst Says
Never before has the RSI been this overbought alongside an above-$60,000 bitcoin price, analysts at The Market Ear explained.Source