Ether ETFs Unlikely to Cause a ‘Bubble,’ Traders Say
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.Source
Injective Introduces ‘ERC-404’ Port to Capitalize on the Hype Around the Experimental Token Standard
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard.Source
FTX Estate Can Sell Near 8% Stake in AI StartUp Anthropic, Court Rules
The FTX bankruptcy estate has been granted approval to sell its stake in artificial intelligence (AI) startup Anthropic, court filings from Thursday show.Source
Jack Dorsey’s Block Is Sitting on $207M Gain on Its Bitcoin Bet
Block, Inc. (SQ) stocks were up 13% in after-market trading hours.Source
Crypto Exchange Kraken Files to Dismiss SEC Lawsuit Against It
The U.S. Securities and Exchange Commission didn’t allege fraud and stretched the definition of a contract in its lawsuit against Kraken, the exchange said in a motion to dismiss the case Thursday.Source
Starknet’s STRK Jumps After Developer StarkWare Agrees to Delay Token Unlocks
StarkWare, the developer behind the Ethereum layer-2 blockchain Starknet, had come under heavy criticism for the unlocking schedule for its new STRK tokens.Source
Reddit Discloses Bitcoin and Ether Holdings in IPO Filing
Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol “RDDT.”Source
Bitcoin ETF Price/Flow Correlation is Declining: JPMorgan
The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.Source
BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries
BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal’s upcoming airdrop, Arkham Intelligence noted.Source
Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto
The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.Source