Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions
Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why.
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Institutional selling of crypto reaches longest streak since Feb 2018
CoinShares’ weekly report showed another large outflow from digital asset products, with much of the selloff concentrated in Bitcoin funds. 300 Total views 2 Total shares Institutional managers continued to take profits on their cryptocurrency holdings, with funds dedicated to Bitcoin (BTC) registering their sixth consecutive weekly outflows, according to CoinShares. Outflows from digital asset investment…

Malaysian Crypto Miners Were Caught Stealing Electricity From the State
They thought they had it made, but the Malaysian authorities were one step ahead. Malaysian police arrested four cryptocurrency mining operators after discovering that they were stealing electricity from the state-owned power firm, Sarawak Energy Berhad, or SEB.According to Malay Mail, authorities spent two days cracking down on four shophouses, believed to be housing cryptocurrency…

Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
SEC’s acting chief accountant Paul Munter said that investors shouldn't place too much confidence in a company holding up a proof-of-reserves audit. 232 Total views 8 Total shares Own this piece of crypto historyCollect this article as NFTA senior official from the United States Securities and Exchange Commission has warned investors to be “very wary”…

Pantera Capital, Coinbase Back Crypto Startup Staked in $4.5 Million Round
Major crypto investment firm Pantera Capital has lead a seed funding round for crypto staking startup, Staked, the company announced in a blog post Jan. 31.The startup, which targets institutional investors of proof-of-stake cryptocurrencies, announced that it raised $4.5 million in the investment round. According to the post, in addition to Pantera Capital, major firms…
Coinbase going international sparks community reactions: ‘Crypto is global’
Reactions to the new development varied, with some celebrating and others expressing frustration toward U.S. regulators. 764 Total views 12 Total shares Own this piece of history Collect this article as an NFTAmid regulatory struggles in the United States, crypto exchange Coinbase has decided to expand its business abroad with a global platform. Following the…

Async programmable art platform secures over $2M in seed funding
Async Art is looking to lead the programmable art movement with a new funding round. 192 Total views 1 Total shares Async Art, a Silicon Valley NFT platform, has secured over $2 million in seed funding from at least ten investors — highlighting the growing value proposition of programmable art. The company announced the new raise…

Nigeria reforms blockchain policy committee with fresh experts
Inuwa said the committee’s strategic reconstitution would bring together a fresh wave of experienced professionals and leading minds in blockchain.

Bitcoin price searches for direction ahead of this week’s $710M BTC options expiry
Bitcoin (BTC) bulls laid most of their options at $24,500 and higher for the March 3 options expiry, and given the recent bullishness seen from BTC, who can blame them? On Feb. 21, Bitcoin price briefly traded above $25,200, reflecting an 18% gain in eight days. Unfortunately, regulatory pressure on the crypto sector increased and…