BBVA Can’t Hold Cryptocurrency – And That’s a Problem
The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.
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Veteran Commodities Trader Chris Hehmeyer Goes All In on Crypto
Jun 24, 2020 at 12:00 UTCVeteran commodities trader Chris Hehmeyer is steering his firm to full-time market making for the crypto space. (Courtesy Chris Hehmeyer)Veteran Commodities Trader Chris Hehmeyer Goes All In on CryptoHehmeyer Trading + Investments, the commodities investment firm, is pivoting to crypto full-time. The Chicago-based company, which began offering cryptocurrency services in…

Tetras Capital Shuts Down Crypto Hedge Fund After 75% Loss
Jul 28, 2020 at 01:20 UTCUpdated Jul 28, 2020 at 01:47 UTCAlex Sunnarborg, managing partner at Tetras Capital (CoinDesk archive)Cryptocurrency hedge fund Tetras Capital is calling it quits. The New York-based fund is shutting down and returning investors’ money after quarters of low returns, according to a person with direct knowledge of the matter who…

Threats Fly As Fight Over $200 Million Siacoin’s Crypto Code Intensifies
A cryptocurrency community is devolving into infighting amid a controversy that has ensnared its creator and the founder of two of its key startups.

U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show
An address labeled "U.S. Government: Ryan Farace Seized Funds" moved BTC worth nearly $4 million to Coinbase 11 hours ago, according to Arkham Intelligence. The potential selling pressure represents less than 1% of BTC's 24-hour trading volume. The U.S. government transferred 58.742 bitcoin (BTC), worth nearly $4 million, to Coinbase (COIN) on Monday, according to

Hive Blockchain Buys, Deploys 1,240 Bitcoin Mining Machines, Nearly Doubling Hash Power
Nov 6, 2020 at 16:06 UTCUpdated Nov 6, 2020 at 16:42 UTCHive Blockchain ASIC purchases in 2020Publicly traded mining company Hive Blockchain purchased and immediately deployed its largest batch of new ASIC miners Friday, bringing 1,240 MicroBT WhatsMiner M30S machines online.The firm’s aggregate operating hashrate nearly doubles with the addition of the new M30S miners,…

‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill
Mar 24, 2020 at 14:15 UTCUpdated Mar 24, 2020 at 14:25 UTCU.S. Speaker of the House Nancy Pelosi introduced the latest version of the relief bill on Monday. (Credit: Michael Candelori / Shutterstock)‘Digital Dollar’ Stripped From Latest US Coronavirus Relief BillMentions of a "digital dollar" in a coronavirus-related relief bill before the U.S. House of…

Bottom In? Bitcoin Makes 4.5% Gain as Sellers Lose Steam
Mar 3, 2020 at 11:30 UTCUpdated Mar 3, 2020 at 11:32 UTCViewA bullish doji reversal pattern seen on the daily chart indicates scope for a stronger recovery rally to resistance lined up at $9,075 and $9,312. If the flag breakout seen on the hourly chart fails, a pullback to $8,500 may be seen. A UTC…

Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the Last Quarter
Jul 27, 2020 at 14:51 UTC(Silvergate Bank, modified using PhotoMosh)Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the Last QuarterSilvergate Bank continued to add a steady drip of crypto customers in the second quarter of 2020 but its issuance of bitcoin-collateralized loans grew by $10 million, outperforming the growth of its real estate loan book by…