Daily News on Feb 16 🔥

+ In contrast to BTC ETFs, $2.6 billion has flowed out of the two largest Gold ETFs managed by BlackRock and State Street since the beginning of the year.

+ Coinbase performs well in Q4: Revenue reaches $954 million, a 41% increase compared to the previous quarter; Net profit is $273 million compared to a loss of $557 million in the same period last year.

+ Venture capital funding in crypto startups reached $1.9 billion in Q4, a 2.5% increase from the previous quarter. This is the first quarterly increase since Q3 2022.

+ Fidelity: Many institutions will seek attractive yields from DeFi as central banks begin to lower interest rates.

+ Fed's Christopher Waller: Stablecoins tied to the dollar have a complementary role and enhance the influence of the US dollar.

+ After Solana, Aptos (APT) releases the Web3 JamboPhone priced at only $99.

+ ApeCoin (APE) plans to build the Layer-2 ApeChain using Arbitrum Orbit.

+ Spanish telecommunications company Telefonica partners with Chainlink (LINK) to prevent SIM card fraud.

+ Modular Blockchain Lava raises $15 million led by Jump, Hashkey, and Tribe Capital.

+ The UK enters into a recession, and Japan loses its position as one of the top three largest economies in the world to Germany.

#News