Morgan Stanley's Bitcoin ETF Could Attract $160 Billion, Says Strategy CEO

Antithesis, a startup from Northern Virginia, secured a $105 million Series A funding round led by Jane Street. The company's platform utilizes deterministic simulation testing to identify potential issues in distributed systems, aiding in isolating bugs for engineers. Antithesis plans to use the funding to expand engineering and scale globally.

Bank of America's wealth division has recommended a 1% to 4% allocation in crypto for clients, following Vanguard's recent move to expand access to Bitcoin, Ethereum, and XRP ETFs. This decision is part of a trend among traditional finance giants embracing digital assets in their portfolios.

The bitcoin price has surged by 10% this week, reaching $93,000 and nearing a $2 trillion market cap. BlackRock's CEO predicts significant growth in tokenization, comparing it to the internet's rapid evolution in the 1990s.

Yi He has been appointed as co-chief executive of Binance alongside Richard Teng to enhance global expansion and develop Web3 infrastructure. Teng stated that Yi has been crucial to Binance's leadership team since its inception.

President Karol Nawrocki of Poland vetoed the Cryptoasset Market Act, citing concerns about threats to freedom, property, and state stability. The act aimed to align Poland with the EU's crypto regulations but was deemed overly complex and favoring corporations over startups.

The UK has officially recognized cryptocurrency as property with the passing of the Property (Digital Assets etc) Act, establishing a new legal category for digital assets like cryptocurrencies and NFTs. This law aims to modernize property law to include ownership rights and protections for consumers and investors.

Large holders of Ethereum have been making significant purchases, with one acquiring 18,345 ETH worth $55 million from BitGo. Another bought 4,597 ETH worth $13 million from Binance, and a third purchased 30,278 ETH worth $91.16 million from Kraken. These moves coincide with a market rebound from early December losses.

A web domain connected to a scam compound in Burma was seized by U.S. agents, part of efforts to disrupt fraud networks in Southeast Asia. The domain operated from the Tai Chang compound, deceiving victims with fake balances and returns.

Grayscale introduced the Grayscale Chainlink Trust ETF (GLNK) on NYSE Arca, converting it from a private trust to an ETF holding Chainlink's LINK cryptocurrency. The move aligns with the SEC's new listing standards, enabling the asset manager to launch the product.

Kraken's acquisition of Backed Finance AG aims to boost tokenization, facilitating the trading of securities on blockchain networks like Ethereum and Solana. The move is part of Kraken's strategy to enhance global adoption of tokenized assets and revolutionize market structures.