Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best Days

Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.Source

Vibe Check: Momentum Building: CoinDesk Indices’ Todd Groth

Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.Source

First Mover Americas: Bitcoin Seen Topping $50K This Weekend

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

What Is ERC-404? The Experimental Standard Whose First Token Has Rocketed 12,000% in One Week

ERC-404 allows multiple wallets to directly own a single NFT, and, in the future, create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.Source

Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K

Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%.Source

UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say

Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking.Source

Bitcoin Miner Shares Offer Good Entry Point Ahead of Halving Event: Bernstein

The cryptocurrency has performed well before the halving and is likely to sustain momentum for the rest of the year, leading to new highs in 2024, the report said.Source

DeFi Platform Pendle Nears $1B in Total Value Locked

Pendle crossed the $100 million TVL mark in mid-June 2023.Source

Bitcoin Crosses $46K as Year of ‘Long’ Begins, Easing ETF Sell-Off

Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.Source

CoinDesk’s New Owner Bullish Replaces CEO in Restructuring

Sara Startoberdha succeeds Kevin Worth, who has led CoinDesk since 2017.Source