Bitcoin News Roundup for May 6, 2020

There's software ready to help ethereum scale – right now. Revealed exclusively to CoinDesk, the raw architecture of Turbo Geth has been completed – and is currently available to early adopters for testing. Alexey Akhunov, the independent software developer that built the software, told CoinDesk that unlike many other scaling solutions, Turbo Geth looks at tackling…

Throughout history, societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust and responsibility to each other.But, having lived through and reported on a variety of financial crises, I’ve become quite thankful for the court-driven process by which modern capitalism deals with this unpleasant problem. Even though it imposes

news Polish cryptocurrency exchange Bitmarket has just shut down without warning. According to a brief message posted late on July 8 on its website, Bitmarket – said to have been Poland’s second-largest crypto exchange – stated: “We regret to inform you that due to the loss of liquidity, [from] 08/07/2019, Bitmarket.pl/net was forced to cease its…

Things are going as expected, according to Standard Chartered Bank, reiterating its April forecast that bitcoin (BTC) would reach $100,000 by the end of 2024.The next catalyst, wrote the bank's Geoff Kendrick and team, will be the approvals of several U.S.-based spot bitcoin ETFs, which they expect “are likely to come sooner than expected."“We think

Money is flowing into the crypto market through stablecoins or the U.S. dollar-pegged tokens for the first time in over a year, according to data tracked by blockchain analytics firm Glassnode.The 90 day net change in the supply of the top four stablecoins – tether (USDT), USD Coin (USDC), Binance USD (BUSD) and Dai (DAI)

Cryptocurrency exchange OKX is targeting France as a regional hub in Europe with plans to hire around 100 people there in the next three years, looking to join 74 other companies that have so far won regulatory approval from the country's Financial Markets Authority (AMF).The Seychelles-based firm has filed an application to become registered as…

news The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday. The platform will go live supporting just six cryptocurrencies initially – bitcoin, (BTC), ether (ETH), XRP, bitcoin cash (BCH), litecoin (LTC) and the tether stablecoin (USDT). The platform expects more to be added in “coming weeks,” providing they pass…

Oct 27, 2020 at 20:25 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility Reverses CourseBitcoin made gains Tuesday toward its 2019 high while ether’s volatility rose after an October in decline.Bitcoin (BTC) trading around $13,668 as of 20:00 UTC (4 p.m. ET). Gaining 5% over the previous 24…

The sole exception is bitcoin, “which, by virtue of the decentralization stemming from the design of its blockchain protocol, the Securities and Exchange Commission (SEC) and other regulators characterize as a commodity rather than a security,” wrote analyst Mark Palmer.