BitDigest February 26 · Issue #850
- Crypto prices endure difficult week with new late night slide driving prices down 8%
- The Financial Action Task Force is releasing updated guidelines on virtual assets and plans to address regulatory requirements and new stipulations on stablecoin
- Coinbase files S-1 ahead of direct listing
👀🅱️Premium to NAV for top crypto products Grayscale’s Bitcoin Trust (OTCQX: GBTC) and Ethereum Trust (OTCQX: ETHE) as well as the new Purpose Bitcoin ETF (TSX: BTCC.U) are all negative as of the close of market last night.
The Headlines
FATF to Revise Virtual Asset Guidelines
Maduro Planning to 'Surprise' Nation with Digital Bolivar
Coinbase Files S-1
Mt. Gox Creditors Can Vote on Rehabilitation Plan
Ebang to Mine LTC and DOGE Itself
Arca Files Paperwork for Bitcoin Investment Trust
CI and Galaxy File for Ethereum ETF
Opening Bids on Beeple Artwork Reach $2.4 million on First Day
Market Data
New Crypto Investors Flocking to Robinhood
Thoughts on the Ecosystem
JPMorgan Says Investors Should Consider 1% Crypto Allocation
Consumers Need Crypto ‘Use Cases’
El-Erian Identifies Three Concerns for Central Banks About Bitcoin
Reports you may have missed
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CRYPTO MARKET UPDATETODAY, WE ARE SEEING SOME MINOR CONSOLIDATION IN THE CRYPTO MARKET COINCIDING WITH THE SLIGHT BOUNCE IN THE RATES AND DXY 0.00% . BTC 0.24% is trading just north of $65k, while ETHBTC continues to struggle, with ETH 3.59% moving lower for the 5th consecutive day and still trading below the $3k mark. Despite the market consolidation, SOLBTC is still green on the day as SOL -4.12% works to regain the $160 level....