Bitcoin News Roundup for April 24, 2020

This has been a year of triumphs and not a few tribulations for Barry Silbert's Digital Currency Group (DCG).Under his leadership, the company has cemented its position as a key player in the crypto industry despite facing a series of challenges related to last year's epic scandals. Not least of these was FTX, whose downfall

Restrictive monetary policy will continue to be needed until inflation is sustainably slowing, said U.S. Federal Reserve Chairman Jerome Powell in his keynote speech at the Kansas City Fed's Jackson Hole Symposium.The central bank, said Powell, is ready to raise rates further if appropriate, though will proceed carefully.The price of bitcoin (BTC) initially slipped a…

news Security token platform Polymath has partnered with digital securities fundraising platform seriesOne to offer an “end-to-end” solution for security token issuance. SeriesOne announced the news Tuesday, saying the new product will enable issuers to create and manage security tokens that are “compliant throughout their entire lifecycle,” that is, from initial offering to trading on a…

Sep 25, 2020 at 12:54 UTCBitcoin price over 24 hours(CoinDesk BPI)Bitcoin (BTC) is taking a breather after Thursday’s sharp rally that took prices back above a widely tracked technical line. On Thursday, bitcoin jumped almost 5% to levels above $10,750, confirming its biggest single-day gain since July 27, according to data source Coin Metrics.With the…

Plans by prediction market Kalshi to let users bet on which party will control the chambers of Congress have been turned down by regulators at the Commodity Futures Trading Commission (CFTC).The regulator said the contracts would involve unlawful gaming and activity and would be "contrary to the public interest" after KalshiEx LLC made a submission

Binance, the world’s largest cryptocurrency exchange, is leaving the Netherlands, after failing persuade the Dutch regulator to issue a virtual asset service provider (VASP) license, which attests that it meets anti-money laundering (AML) guidelines.As of July 17, Dutch residents will only be able to withdraw their funds from the platform, according to a statement from…

Boyaa Interactive, a Chinese gaming company listed on the Hong Kong Stock Exchange, unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin (BTC) and ether (ETH) within a year."The purchase and holding of cryptocurrencies is a pivotal move for the Group to path its business layout and development

Apr 16, 2020 at 04:00 UTCCrypto Finance AG CEO Jan Brzezek. (Credit: Crypto Finance AG)Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage LicenseSwiss holding company Crypto Finance AG has closed a $14.5 million Series B funding round co-led by Swiss investor Rainer-Marc Frey, Beijing-based private equity firm Lingfeng Capital and joined by…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesThe Bitcoin market dominance rate, which tracks the largest cryptocurrency's share of the total digital asset market, rose to 51.2% on Tuesday, near a 26-month high