Crypto News

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

However, WLD prices may run into headwinds as a token unlock worth $165 million is set to begin today, occurring until Feb.26, data from Token Unlocks show.

Ether has rallied 16% in seven days, outperforming bitcoin's 8.5% rise.

The money is set to cover the costs associated with having meetings including travel expenses.

Japan's cabinet approved a bill adding crypto to the list of assets the nation's investment funds and venture capital firms can acquire.

Y Combinator (YC), the Silicon Valley incubator, has listed stablecoin finance as a category in its new and updated list of areas it would like to deploy funds in.

Ether is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said.

Sector tokens jumped 7.7% on average in the past 24 hours, CoinGecko data shows, with Ocean Protocol’s OCEAN and Fetch.AI’s FET rising more than 10%.

Bitcoin's uptrend is supported by strong trading volumes, a bullish sign for continuation, a FalconX report said.

The prank was believable because even bitcoin critics like Warren might have to embrace crypto voters in the wake of ETF approvals, says Daniel Kuhn.