Cryptonews

During an episode of CNBC’s Squawk Box on the fifth of March, the Wyoming Republican revealed with a slightly bemused air that discussions are underway in both the House and Senate regarding a potential “de minimis exemption.” And the magic number being tossed around in these exalted chambers? A mere “$300.” A figure so modest, it might almost be dismissed as a mere pittance were it not for the weight of its implications.

Yes, you heard it right: the central bank plans to use $350 million-roughly the price of a fancy spaceship-to invest in assets linked to cryptocurrencies and digital dreams.

Ah, the city’s wise men (and women, of course, for we must not forget them in this farce) have decreed that cryptocurrency is but a mirage, unfit to grace the hallowed halls of the Vancouver Charter. How they toil, these guardians of the status quo, to ensure that not a single satoshi taints the purity of their municipal reserves!

The PI token hasn’t performed well since it started trading last year, but some upcoming events could change that. Whether it picks up speed or stays slow will depend on how these developments unfold.

According to their internal data (which we assume was written in invisible ink for added security), Mutuum Finance boasts a community of over 19,000 active participants. That’s more people than can fit in a small stadium, but fewer than can fit in a large one. Their utility token, MUTM, has a total supply of 4 billion, which is a lot of tokens. Like, a lot. For early contributors, they’ve allocated 1.82 billion tokens, of which 850 million have already been sold. This level of demand suggests that people either really believe in the project or really like collecting digital receipts.

Bitcoin and Ethereum ETFs See $320M in One-Day Outflows Bitcoin and Ethereum exchange-traded funds (ETFs) experienced significant outflows on March 5, totaling almost $320 million. According to SoSoValue, Bitcoin ETFs saw roughly $228 million leave, with BlackRock’s IBIT experiencing the biggest drop. Ethereum ETFs also faced selling pressure, with net outflows of $90.94 million. However, … Read more

As a crypto investor, I’ve been watching OKB closely, and it’s had a really strong couple of days. It’s up almost 3% just since yesterday, and before that, it jumped a huge 24%! The big news driving this is a massive $25 billion investment from Intercontinental Exchange, the company that owns the New York Stock Exchange. It’s exciting to see that kind of institutional money coming into the space and impacting OKB’s price.

This news has sent the crypto crowd into a tizzy, with some folks claiming Bitcoin is doomed and others insisting it’s all just a bunch of hooey. Honestly, it’s like watching a debate about whether the Earth is flat, but with more math.

As a researcher tracking the crypto market, I’ve observed a positive shift this week. We saw roughly $150 billion flow back into the total market value since Monday. However, the upward momentum seemed to be fading by the end of the week.

In its wild (and a touch fabulous) adventure, the sprite’s chest swelled to over $1 billion Canadian dollars of treasures – a triumph that shouts louder than a circus announcer, especially when compared to Canada’s modest ETF circus, which lags far behind its southern neighbour.