Bitcoin Price Defends Key Support Despite ETF Rejections

Dec 8, 2020 at 3:01 p.m. UTCNEM in Final Stage Before Launch of Enterprise Blockchain ‘Symbol’NEM says it is now carrying out the last tests before sending its enterprise-focused Symbol blockchain platform live in early 2021.Announced Tuesday, the code for Symbol has now been "frozen" in its current iteration, marking the last step in preparing…

ProShares’ Bitcoin Strategy ETF (BITO) – a bitcoin futures fund offered in the U.S. – hit a high of $1.47 billion in assets under management (AUM) this week, surging past a record set in December 2021.The surge indicates renewed institutional demand for bitcoin (BTC) from regulated and accredited investors, as a flurry of bitcoin spot

news The first two real-world transactions have been conducted on Marco Polo, the trade finance blockchain built on R3’s Corda platform. Announced Thursday, the trades took place between two German companies: Voith, a manufacturer of machines such as turbines, generators and transmissions, and KSB SE, a supplier of pumps and valves.  One transaction involved the…

FTX founder Sam Bankman-Fried will testify in his criminal trial, directly appealing to jurors in his bid to prove he did not commit fraud or conspire to commit fraud at his once-giant cryptocurrency exchange FTX, his defense attorneys said during a Wednesday teleconference.The move comes as his defense team prepares to begin calling witnesses after

With prices trading sideways around $6,400 for the 10th day straight, bitcoin (BTC) risks reporting a yearly loss for its 10th birthday. The leading cryptocurrency, which turns a decade old this Wednesday, has been flatlined below $6,500 since Oct. 19 and is showing no signs of life with volatility readings at multi-month lows. At press…

The blockchain ecosystem today stands at a crossroads. It's an industry built on the backs of those who work relentlessly to create the future of finance, identity and more. However, it's also a space where recent financial constraints have pushed many stakeholders and businesses to exit prematurely.Tim Haldorsson is the founder and CEO of Lunar

Calastone, a London-based transaction network for investment funds, is looking to move its entire settlements system to a blockchain by May 2019. According to a Financial Times report on Sunday, Calastone, which provides services to over 1,700 firms including JP Morgan Asset Management, estimates the plan could help the industry save up to £3.4 billion (or $4.3 billion)…

Sep 30, 2020 at 08:00 UTCBitcoinACKs Lets You Track Bitcoin Development and Pay Coders for Their Work“If Bitcoin is decentralized, who funds its development?” This longstanding question, historically answered by the quiet work of volunteer Bitcoin developers, now has a new response: a website that allows Bitcoin users to pledge payment for protocol upgrades.The brainchild…

Sep 25, 2020 at 15:24 UTCDan Morehead, CEO Pantera Capital(CoinDesk)Pantera Capital Crypto Funds Report 100% Returns Amid DeFi CrazeA boom in decentralized finance (DeFi) has turbo-charged returns for Pantera Capital’s bitcoin and mixed cryptocurrency hedge funds this year.From Jan. 1 to Aug. 31, Pantera’s bitcoin (BTC) fund gained 61%, its digital asset fund 168%, its…