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Homepage > News > Business > Blockchain adoption in German ventures in dire state: study The Hanseatic Blockchain Institute has published a comprehensive study on blockchain as a technology in the German economy. The Federal Ministry for Economic Affairs and Climate Protection funded the research and, therefore, has a policy-oriented view. The study provides a comprehensive overview of the current level of adoption, opportunities and advantages, and obstacles that make adoption difficult. However, it has a major blind spot, which arises from the fact that companies that do not use blockchain or are planning or discussing its use were not…

Spot Bitcoin ETFs in the United States recorded their seventh consecutive day of outflows on Feb. 26, with BlackRock’s IBIT seeing its highest single-day withdrawals since launch. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $754.53 million in net outflows on Wednesday, following the $1.14 billion net redemptions seen the previous day. BlackRock’s IBIT led the outflows, with $418.06 million exiting the fund, marking its highest net outflow day post-launch. Fidelity’s FBTC followed, with $145.69 million in outflows, extending its streak to seven consecutive days of redemptions. While no Bitcoin ETFs recorded positive inflows on the day,…

London e-commerce logistics startup Relay has raised a $35 million (£27.6 million) financing round from Plural VC, the venture capital firm created by Ian Hogarth and Taavet Hinrikus. The funding will be used to expand Relay’s AI and machine learning capabilities to drive down delivery costs and streamline online shopping logistics.  With retailers losing over $18 billion annually due to shopping cart abandonment, primarily driven by high delivery costs, Relay aims to solve this issue by transforming outdated delivery networks. The company has developed a “decentralized delivery model” using hyperlocal nodes, which significantly reduces shipping distances, consolidates deliveries, and lowers…

Journalist Posted: February 27, 2025 Litecoin’s technical breakout above its descending channel confirms a bullish reversal amid rising investor conviction. Market sentiment signals further price uptrend as Open Interest rises alongside decreasing exchange netflows. Litecoin [LTC] has seen renewed interest from large-scale traders amidst recent volatility in the crypto market. At press time, LTC was trading at $125.29, a 12.86% price surge despite a decrease in trading volume in the last 24 hours. With this breakout and Litecoin’s market sentiment, will the altcoin maintain its bullish momentum? Litecoin’s price action Litecoin has been trading in a descending channel on the…

A controversial tax rule proposed by the U.S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it. On Feb. 26, U.S. House Representatives advanced a resolution to scrap the rule, with the House Ways and Means Committee voting 26-16 in favor of the repeal. The resolution now moves to the full House for a vote. If it passes, the Senate will then decide its fate. A successful Senate vote would send the measure to President Donald Trump, who can either sign it into law or veto it. However,…

Investors Show Confidence in EthereumDespite the decline, data from Glassnode suggests strong investor confidence. The Cost Basis Distribution (CBD) data shows that many investors continue to buy Ethereum as prices drop. A key support level has formed at $2,632, where 786,660 ETH has been acquired. Resistance sits at $3,149, with 1.22 million ETH accumulated.Ethereum’s recent flight from exchanges is a crucial optimistic indicator. 178,500 ETH, valued at almost $444 million, have left exchanges in the last 48 hours. This suggests that investors are taking their money out of exchanges and putting it in their personal wallets, most likely for long-term…

With whales continuing to dump ETH and spot Ethereum ETFs reporting large net outflows, Ethereum is under increasing sell pressure. According to SoSoValue data, U.S. Ethereum (ETH) spot ETFs saw $94.3 million in net outflows on Feb. 26. BlackRock led the outflows with $69.7 million, followed by Fidelity with $18.3 million and Grayscale with $3 million. Over the past week, total net outflows have reached $222 million. ETH has dropped 5% during the last 24 hours, trading at $2,340 at press time. According to CoinGlass, 24-hour liquidations have totaled $127.93 million. Weaker DeFi activity and liquidity are also seen in…

Top NFT Collections (Last 24h) Here are the hottest NFT Collections of the day. Rank Name Volume Transactions Chains URL 1 Pudgy Penguins 578.87 ETH 65 ethereum View 2 Doodles 278.68 ETH 86 ethereum View 3 Milady Maker 244.58 ETH 65 ethereum View 4 Kaito Genesis 171.55 ETH 53 ethereum View 5 Bored Ape Yacht Club 147.33 ETH 11 ethereum View 6 Azuki 113.26 ETH 39 ethereum View 7 Lil Pudgys 114.44 ETH 124 ethereum View 8 CryptoPunks 91.75 ETH 2 ethereum View 9 Mutant Ape Yacht Club 69.13 ETH 31 ethereum View 10 Memeland Captainz 55.29 ETH 49 ethereum…

Winklevoss twin-led Gemini is the latest crypto firm to shake off the U.S. Securities and Exchange Commission’s scrutiny, as the agency closed its probe after nearly two years. According to co-founder Cameron Winklevoss, the commission has decided not to pursue enforcement action against Gemini nearly 700 days after launching its investigation and 277 days after issuing a Wells Notice. On Monday, the SEC informed our litigation counsel @JackBaughman27 that it has closed its investigation into @Gemini and will not be pursuing an enforcement action against us. This comes 699 days after the start of their investigation and 277 days after…

Bitwise Asset Management, a leading crypto-specialist asset manager with more than $12 billion in client assets, has closed a $70 million equity funding round successfully. The round was led by Electric Capital, with notable support from MassMutual, Highland Capital, MIT Investment Management Company, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors, and Nikesh Arora, among others. Strengthening Crypto Asset Management in a Booming Market: This capital arrives at a critical juncture for Bitwise as well as the wider crypto asset management sector. The industry is seeing fast growth, driven by regulatory certainty, the rising popularity of decentralized finance…