In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization”
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now.
The total value locked in DeFi protocols soared to $233.8 billion as rising token prices and the increasing integration of stablecoins helped send the metric to a record high.
Bitcoin’s breakout to $67,000 also sent the total crypto market capitalization to a new all-time high and is a signal that altcoins could soon embark on a new uptrend.
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding."
Institutional asset managers have been slower to embrace cryptocurrencies than retail traders, but their adoption is growing rapidly.
Iconic Funds claims its index fund will be Europe’s first with direct exposure to crypto assets listed on a regulated market.
The crypto asset's market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla.
TRAC, KDA and CTSI booked double-digit gains after BTC hit a new all-time high and the total crypto market cap hit $2.63 trillion.
The long-awaited futures-based Bitcoin ETF has launched. Did the SEC’s blessing legitimize Bitcoin in the mainstream finance world?