Bitcoin Dominance Rate Hits 50% For First Time in 2018
Bitcoin (BTC) now makes up 50 percent of the entire cryptocurrency market capitalization.
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New York AG Directs 2 Crypto Lending Platforms to Cease Activities
New York Attorney General Letitia James ordered two crypto lending platforms to cease their activities, which were determined to be unregistered and unlawful.The platforms are in violation of offering securities and/or commodities without having registered with the Office of the Attorney General (OAG), according to a statement that didn’t identify the companies.Three other platforms were…
Stupid Things Craig Wright Said in His Latest Stupid Trial
Over the course of nearly 30 hours of cross-examination, Craig Steven Wright, the Australian man who claims to be Bitcoin’s pseudonymous creator, Satoshi Nakamoto, has been raked through the coals. The self-described computer scientist, economist, cryptographer, patent writer, author, lawyer, pastor, master of martial arts and mathematician (in other words: fabulist) has been accused of
Novogratz: Galaxy Digital Will ‘Suck’ if Bitcoin Fails to Become an Institutional Asset
Jun 18, 2020 at 16:21 UTCUpdated Jun 18, 2020 at 16:26 UTCMichael Novogratz of Galaxy Digital (CoinDesk Consensus archives)Novogratz: Galaxy Digital Will ‘Suck’ if Bitcoin Fails to Become an Institutional AssetWith Galaxy Digital now working on an educational course for financial advisers, founder Mike Novogratz told CoinDesk he hopes it will help finally kick-start the…
Liquidity and Options Pave the Way for Bitcoin ETF Market Expansion
Bitcoin ETFs have recorded a total net inflow of $18.9 billion and currently hold around 869k BTC. Bitcoin ETFs account for approximately 3% of the total bitcoin trading volume. A portion of the inflows into bitcoin ETFs is driven by the "basis trade", where investors seek to profit from the price difference from the spot
US House Committee to Hold Hearing on Blockchain Benefits for Small Businesses
Feb 28, 2020 at 10:00 UTCUpdated Feb 28, 2020 at 10:03 UTCUS Capitol Building. Credit: ShutterstockThe U.S. House of Representatives Committee on Small Business is set to discuss the benefits blockchain technology can bring to entrepreneurs.Slated for March 4 at 16:30 UTC, the "Building Blocks of Change: The Benefits of Blockchain Technology for Small Businesses"…
Major Crypto Companies Form DC Lobbying Group
NEWS Sep 11, 2018 at 21:05 UTC | Updated Sep 11, 2018 at 21:45 UTC A number of blockchain funds, exchanges and startups plan to lobby Washington, D.C. lawmakers with the new Blockchain Association. The Washington Post reported Tuesday that this new organization would focus on both education and legal changes as part of an effort…
Crypto Inspired by ‘Moo Deng’ Zooms to $100M as Hippo Meme Takes Over Internet
Moo Deng, a baby pygmy hippo, has become an internet sensation, leading to the creation of a Solana-based memecoin that has surpassed a $100 million market cap. One trader notably turned $1,331 into $3.4 million by investing in the Moo Deng memecoin. Her appeal has transcended individual internet users to encompass corporations including Dreamworks and
Sam Bankman-Fried Maybe Hasn’t Escaped Campaign Finance Charges
Sam Bankman-Fried won’t face a campaign finance charge when he goes to trial in October, but that doesn’t mean he’s out of the woods.The FTX founder will face seven charges in October, and another five during a second trial next year.Prosecutors just withdrew a campaign finance charge ahead of Sam Bankman-Fried’s criminal trial this October.That…