Bitcoin News Roundup for Feb. 16, 2021

Ether (ETH), the world's second-largest cryptocurrency, has outperformed its larger rival bitcoin (BTC), with a 33% gain year-to-date. This rally is being driven by catalysts other than the potential approval of a spot exchange-traded fund (ETF), broker Bernstein said in a research report on Monday. Firstly, the ether supply is deflationary and has not increased

We’ve bounced back having found support last week (see previous Vibe Check), with the CoinDesk 20 Index outperforming bitcoin (BTC) narrowly and ether (ETH) significantly.CoinDesk 20 Index outperforming BTC and ETH. (CoinDesk Indices)So what’s providing the source for the dramatic bounce in the market? In addition to Bitcoin’s rebound, Solana's (SOL) 25% gain and Avalanche's (AVAX)

Ether saw a 10% increase in the last 24 hours, reaching over $2,800, while other cryptocurrencies experienced profit-taking. This surge is linked to optimism around DeFi following Trump's presidential win, where expectations of pro-crypto policies and deregulation are boosting investor confidence. Trump’s potential policies might ease regulatory burdens, allowing DeFi projects more freedom and possibly

Jul 20, 2020 at 08:10 UTCUpdated Jul 20, 2020 at 08:17 UTCMoscow, Russia (Viacheslav Lopatin/Shutterstock)A former board member of Wirecard, sought by authorities over the company’s missing $2.1 billion, has reportedly surfaced in Russia. According to a report in German new source Handelsblatt on Sunday, Jan Marsalek is now staying in a property in the…

news The Senate Banking Committee will hold a hearing on regulatory frameworks for cryptocurrencies and blockchain next week. The committee said in a press release that it would hold an open session titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” on July 30, though it is unclear if this would be a fact-finding mission…

If the distribution goes without a hitch, it may validate a corporate gambit whose creator, former Overstock CEO Patrick Byrne, considered revolutionary. (Image via CoinDesk archives)Overstock.com is planning to distribute its long-delayed "digital security" shareholder dividend on May 19.Shareholders will receive one Digital Voting Series A-1 Preferred Stock (OSTKO) for every 10 of the online…

How Does Kraken’s New Crypto Bank Work?This week Kraken Financial became the first crypto company to receive a banking charter under Wyoming’s Special Purpose Depository Institution statute. Join CEO David Kinitsky for a look at what it all means and how it’ll work with hosts Adam B. Levine, Andreas M. Antonopoulos and Stephanie Murphy. From…

Digital asset investment manager Grayscale’s CEO Michael Sonneshein said that fees of its bitcoin (BTC) exchange-traded fund (GBTC) will decrease over time, CNBC reported on Tuesday.Since January, GBTC has seen $12 billion in outflows due partly to its high fees compared to its competitors. The fund earlier had the largest volume of assets among the

Bernstein notes that six out of the top ten revenue-generating protocols are DeFI applications.With real yields and regulatory clarity, global asset managers could consider a DeFi ETF, Bernstein said.The crypto market recovery is expected to be broad-based with decentralized finance (DeFi) leading the charge, broker Bernstein said in a research report Monday. “We expect a