Bitcoin Dominance Rate Hits 50% For First Time in 2018

opinion Carlos Domingo is the founder and CEO of Securitize, an end-to-end platform for issuers seeking to tokenize assets. He is also the founder and crypto capitalist of SPiCE VC. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  2018 was a tumultuous year for cryptocurrencies, but for those of us who work…

BLUR, the native token of non-fungible token (NFT) platform Blur, surged by 22% on Friday after being listed on Binance's convert feature.The convert feature is aimed at Binance's retail customers. It allows customers to buy and sell assets without going through a traditional order book.The token rose from $0.55 to as high as $0.64 after

U.S. President Joe Biden unveiled his proposed fiscal year 2025 budget proposal, which included a crypto mining excise tax and addressing crypto in wash-sale rules.These are similar taxes to those proposed last year, which ultimately weren't taken up by Congress.U.S. President Joe Biden will once again pitch a wash trading rule, crypto mining tax and

Dec 3, 2020 at 7:00 p.m. UTCUpdated Dec 3, 2020 at 7:18 p.m. UTCTerra Brings 24-Hour Trading to Synthetic Versions of Stocks Like TSLA and AAPLThe creators of stablecoin platform Terra announced the launch of the Mirror Protocol Thursday, a way to mint crypto assets that mimic the value of shares in publicly traded companies…

news A popular payments network running atop the bitcoin blockchain suffered from a long-standing code vulnerability – one where attackers could drain users’ of their money. While initially flagged to the public on Aug. 30 by bitcoin developer Rusty Russell, the full disclosure detailing how this vulnerability could be exploited by an attacker was released…

Oct 12, 2020 at 12:38 UTCThe U.K.'s prohibition on retail trading of cryptocurrency futures looks too have limited impact and might be misconceived. (Unsplash, modified by CoinDesk)First Mover: Bitcoin’s Best Week Since July Shows Limited Toll of U.K. Retail Crypto Futures BanNot everyone is happy with the U.K. Financial Conduct Authority’s decision to ban individual investors from…

news Coinbase’s legal chief is calling for private sector leadership in developing America’s digital currency. Brian Brooks, in a Fortune essay published Monday, argued private corporations are best positioned to build a much-debated digital U.S. dollar, and that the government should stand back and let them, doing little, if anything, to regulate their underlying blockchains.…

news One ethereum community member is about to begin what one might call a “friendly fork” of the ethereum blockchain. Called “Alternateth,” James Hancock, project team lead at ethereum startup ETHSignals, told CoinDesk in interview that he hopes the network will act as “a sister chain” to ethereum validating ideas and proof-of-concepts before adoption on…

Since launch, MicroStrategy-tracking ETF MSTU has surged 235% and rival MSTX has gained 176%. MSTX raised the leverage on its ETF from 1.75x to 2x to match MSTU's. MicroStrategy reports third-quarter earnings after the close of U.S. markets. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 00:57