Bitcoin Mining And Hydro Bonds

Following in the footsteps of El Salvador, which pioneered the concept of Bitcoin-backed bonds, Montenegro is now exploring the potential of Bitcoin Hydro Bonds, a groundbreaking initiative that leverages the country’s abundant hydroelectric resources.

Discovering Montenegro

Montenegro, a small Balkan country nestled between Croatia, Bosnia and Herzegovina, Serbia, Kosovo, and Albania, boasts stunning landscapes that range from rugged mountains to pristine Adriatic coastline. Its rich history is evident in its ancient towns such as Kotor.

In recent years, the country has been gaining attention as a tourist destination, drawing visitors with its picturesque beaches, charming coastal towns,…

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Check Out the Top Crypto Gainers of the Day

$1M – $10M MarketCap:

  1. Geojam (JAM): 36%
  2. Artyfact (ARTY): 24%
  3. Minu (MINU): 21%
  4. LayerAI (LAI): 18%
  5. Matr1x Fire (FIRE): 14%

$10M – $100M MarketCap:

  1. Oort (OORT): 55%
  2. Asterix Labs (ASTX): 44%
  3. Whales Market (WHALES): 42%
  4. A Hunters Dream (CAW): 23%
  5. Numbers Protocol (NUM): 21%

$100M – $1B MarketCap:

  1. Horizen (ZEN): 50%
  2. IoTeX (IOTX): 48%
  3. Arkham (ARKM): 39%
  4. Artificial Liquid Intelligence (ALI): 28%
  5. PAAL AI (PAAL): 28%

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Bitcoin ETFs Capture Market Confidence with Impressive Growth

The investment landscape is experiencing a seismic shift as Bitcoin ETFs carve out a formidable niche for themselves. Recent statistics are a testament to this trend, with Bitcoin ETFs amassing an impressive $37 billion in assets under management. This is not just a number; it’s a significant 28.5% of the total AUM of $130 billion when combined with that of gold ETFs. While gold, with its $93 billion AUM, remains a traditional stronghold, the swift rise of Bitcoin ETFs is a nod to the digital age of investments. This chunk of the market captured by Bitcoin ETFs underscores a growing investor appetite for dynamic and contemporary investment forms. It reflects an evolving mindset that sees the value in blending time-honored gold with the pioneering spirit of Bitcoin. As the financial tapestry continues to evolve, Bitcoin ETFs are not just competing; they are thriving, establishing themselves as a compelling choice for modern investors looking to diversify and invigorate their portfolios.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Crypto Hiring Q&A: Crypto firms are looking for Solana-literate devs

As the market heats up, crypto hiring appears to be coming along for the ride. Blockworks spoke with Dan Eskow, founder of Web3 talent agency Up Top, about what he’s seeing in the re-energized hiring market.

Keep reading for excerpts from Blockworks’ interview with Eskow, edited for brevity and clarity.

Blockworks: Obviously, the crypto job market got pretty bad post-FTX. When did you see that start to turn around?

Eskow: Right around Thanksgiving. End of November, early December is when we started lining up all these deals for January and really seeing the volume increase like crazy, and it’s timed pretty directly with all these fundraising announcements that are now coming… Read more on Blockworks

Top Trending Crypto Coins of The Day

BIGCAP COINS:

  1. Bitcoin: Market Cap of $998 Billion.
  2. VeChain: Market Cap of $3.1 Billion.
  3. Kaspa: Market Cap of $3.5 Billion.

MIDCAP COINS:

  1. Worldcoin: Market Cap of $598 Million.
  2. Livepeer: Market Cap of $580 Million.
  3. Nervos Network: Market Cap of $468 Million.

RISING COINS:

  1. Mind: Market Cap of $11.2 Million.
  2. PepeFork: Market Cap of $150 Million.
  3. Kondux: Market Cap of $12.5 Million.

Disclaimer: Market capitalizations can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Wall Street is missing out on DeFi

Decentralized finance is a game that anyone can play. Hosted on a level playing field, it’s a sport that doesn’t discriminate. Rich or poor, professional or amateur, consumer or institution: It makes no difference.

Given the rich opportunities available within DeFi — attractive yields, liquidity, global accessibility and round-the-clock availability — it’s worth pondering what’s preventing bigger fish from entering. Particularly those with the technical means and the money to extract the most value out of decentralized finance — institutions.

What’s keeping TradFi away?

In the wake of the first bitcoin ETF, institutional interest in crypto is riding high. Major players…

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US Banks | Bitcoin Spot ETFs

Several prominent U.S. banking groups are actively pursuing entry into the Bitcoin Exchange-Traded Funds (ETFs) landscape, prompting a collective plea for a rule change to facilitate their participation in the bitcoin spot ETFs space.

On February 14, a coalition of influential trade groups, including the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the Financial Services Forum, submitted a letter to the Securities and Exchange Commission (SEC) advocating for specific modifications.

SourceAccounting Guidance Challenges

At the heart of the matter lies the SEC’s current accounting guidance, which directs public…

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NEW: Morgan Creek Capital CEO Mark Yusko Predicts Bitcoin to Hit $150,000 by Mid-2025

Mark Yusko, CEO and founder of Morgan Creek Capital, predicts that the Bitcoin (BTC) bull market is just beginning. Speaking on The Wolf of All Streets YouTube channel, Yusko anticipates a potential six-figure price for Bitcoin by mid-next year, doubling its fair value. He assesses Bitcoin’s fair value based on network effects, encompassing the number of users and miners.

Yusko elaborates that while Bitcoin’s fair value may reach $75,000 to $80,000 during this bull cycle, additional investors, traders, and speculators are yet to enter the market. With the onset of leverage and speculative activity, Yusko envisions Bitcoin surpassing fair value to reach $150,000, possibly between Thanksgiving of this year and June of the following year.

However, Yusko warns of an imminent severe correction for Bitcoin and other crypto assets. He suggests that crypto fall is still ahead, anticipated around June, along with factors like the halving and planned selling waves. Despite this cautionary note, Yusko remains bullish on Bitcoin’s long-term trajectory, highlighting its potential for continued growth amidst market dynamics.

Interview

Gold ETFs See Massive Outflows

In the realm of investments, a new contestant has risen to power. The battle has been getting fierce between the two titans: gold, the age-old safe haven, and Bitcoin, the new kid on the block. Recent developments in the Exchange-Traded Fund (ETF) market shed light on a significant shift in investor sentiment, with Bitcoin challenging gold’s historical dominance.

Gold ETFs Lose Luster Amid Bitcoin Surge

Gold-backed ETFs, once the go-to for investors seeking stability, are experiencing a downturn. According to reports from Bloomberg analysts and BitMEX Research, leading gold ETFs have witnessed substantial outflows totaling billions of dollars since the start of 2024. BlackRock’s…

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VanEck Bitcoin ETF | Fee Reduction Amid Fierce Competition

The world of Bitcoin investment is witnessing a fierce battle among Bitcoin ETF issuers, trying to attract investors with competitive fees. VanEck, a prominent player in the market, has recently announced a significant fee reduction for its spot Bitcoin ETF. With this move, VanEck Bitcoin ETF joins the fee wars in a bid to stay ahead of the competition.

VanEck Bitcoin ETF: Fee Reduction

As per an additional submission dated February 15, in response to the heightened competition in the spot Bitcoin ETF space, VanEck has decided to slash its sponsor fee from 0.25% to 0.20%. This strategic move aims to enhance the attractiveness of VanEck’s offering and to better position the company in the…

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