Bitcoin News Roundup for Feb. 17, 2021
With BTC surpassing $51K and analysts remaining bullish on the price, CoinDesk’s Market Daily is back with the latest news roundup.
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Ethereum’s ‘Unannounced Hard Fork’ Was Trying to Prevent the Very Disruption It Caused
Nov 11, 2020 at 11:01 p.m. UTCUpdated Nov 11, 2020 at 11:17 p.m. UTC(Atelie22/iStock/Getty Images Plus)Ethereum’s ‘Unannounced Hard Fork’ Was Trying to Prevent the Very Disruption It CausedThe Takeaway:The bulk of Ethereum’s DeFi ecosystem went dark earlier today after a latent bug in the Ethereum code split the network’s transaction history in two.The split resulted…
Web3 Foundation Funds Technical Bridge Connecting Polkadot to Bitcoin
The Web3 Foundation, the non-profit entity behind Polkadot, has financed a new bridge to link the multi-blockchain network to bitcoin. The effort will see London-based developer house Interlay receive funding from Web3 to build a "BTC-Parachain" to bring bitcoin-backed assets onto Polkadot. Using its proprietary XCLAIM framework, the parachain would be an "open and trustless…
CME Sees Record High Open Interest for Bitcoin Futures on Wave of Institutional Inflows
Nov 17, 2020 at 8:51 p.m. UTCUpdated Nov 17, 2020 at 9:09 p.m. UTCCME bitcoin futures open interest since Jan. 2020CME Sees Record High Open Interest for Bitcoin Futures on Wave of Institutional InflowsOpen interest for bitcoin futures traded on CME Group’s exchange has reached record highs of $976 million amid a surge of institutional…
Bitcoin Jumps to Near $28K As Bulls Bet on ETF Approval
Bitcoin (BTC) jumped some 4.5% in the Asian morning hours Monday amid hopes that a bitcoin exchange-traded fund (ETF) could get approved in the coming months, sparking bullish hopes.Bitcoin traded just under $28,000, reversing all losses over the past week. The jump seemed to be a continuation of Friday’s reaction to the U.S. Securities and
Blockchain Bites: ETH Pumps, Coins Leave Exchanges
With ether whales and small holders rising, some analysts speculate about a ETH supply crunch.Jan 25, 2021 at 5:20 p.m. UTCBlockchain Bites: ETH Pumps, Coins Leave ExchangesEthereum’s and Chainklink’s native cryptocurrencies, ether and link, have set new record highs while bitcoin is in motion to recover losses from its worst week in at least five…
How DeFi Could Disrupt Traditional Finance, Feat. Sergey Nazarov
Jul 29, 2020 at 19:00 UTCUpdated Jul 29, 2020 at 19:05 UTC(Metamorworks/Shutterstock)How DeFi Could Disrupt Traditional Finance, Feat. Sergey Nazarov“Imagine a world without counterparty risk…” – Chainlink’s co-founder shares why the move from brand-based contracts to math-based contracts is inevitable. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple…
CBDC Hating, Bitcoin-Friendly Presidential Candidate Francis Suarez Drops Out of Race
Bitcoin-friendly Miami Mayor Francis Suarez said on social media platform X (formerly known as Twitter) that he will be dropping out of the presidential race."While I have decided to suspend my campaign for President, my commitment to making this a better nation for every American remains," Suarez said in a tweet on Tuesday.Suarez, who was…
Crypto.com Receives UK Authorization as an Electronic Money Institution
Crypto.com received authorization to operate as an electronic-money institution in the U.K., the exchange said in a Monday press release.It will use the new license from the Financial Conduct Authority to offer e-money products in the U.K., the company said. Crypto.com, as Forisgfs UK, was registered as a crypto business by the FCA in August