Bank of England gov warns digital pound must not undermine commercial banks

Bank of England Governor Andrew Bailey expressed skepticism about the role of central bank digital currencies (CBDCs) in financial stability, emphasizing that central banks must maintain control over monetary transmission through the banking system. Speaking at the University of Chicago Booth School of Business in London on Feb. 11, Bailey reinforced that while financial markets … Read more

Which Meme Coins Are Crypto Whales Selling?

Crypto whales sold MOG, PEPE, and TURBO throughout early February, following a broader trend of large holders reducing their exposure to meme coins. While MOG has seen the most aggressive selling, PEPE and TURBO have also experienced a steady decline in whale addresses, signaling weaker confidence among major investors. Although the number of large holders … Read more

Lido V3 Enhances Ethereum Staking With Customizable Vaults 

Lido, a decentralized protocol enabling liquid staking on Ethereum, has released Version 3 (V3) of its infrastructure, centered on stVaults. These modular vaults allow users to customize staking parameters, including validator selection, fee structures, and risk profiles while retaining access to STETH, Lido’s liquid staking token. Ethereum’s Lido Rolls Out Modular Staking in Major Protocol … Read more

Ethereum Outflow Reaches 23-Month High, Indicating Potential Long-Term Investor Confidence

Ethereum’s recent surge in exchange outflows marks a significant milestone, reflecting heightened investor confidence amid market uncertainty. The 224,410 ETH removed from exchanges in just 24 hours highlights the growing desire among investors to hold rather than trade. “When exchange outflow surges, it implies that investors are actively buying the asset and anticipate prices to … Read more

KURL spends $10m buying more Bitcoin, holdings reach $60m

KURL Technology Group increased its Bitcoin treasury by $10 million, reinforcing its strategy to accumulate the world’s top cryptocurrency as a reserve asset. KURL bought 100 Bitcoin (BTC) for $10 million, scooping tokens for an average price of $103,905 per coin as announced by the company’s CEO and co-founder, Michael Mo. Mo stated that KURL’s … Read more