Bitcoin Slips to One-Month Price Lows Below $8,000

Dec 2, 2020 at 3:37 p.m. UTCGrayscale Managing Director Michael Sonnenshein (CoinDesk archives)Grayscale Ethereum Trust Announces 9-for-1 Stock SplitGrayscale Investments announced on Wednesday that shares of its Grayscale Ethereum Trust (stock ticker: ETHE) will split 9-for-1, a move that will increase liquidity and perceived affordability of the shares.Effective Dec. 17, any shareholders as of Dec.…

May 29, 2020 at 17:45 UTCUpdated May 29, 2020 at 17:51 UTCCredit: Shutterstock/Tutti FruttiBehind ‘Prime Broker’ Buzzword Lies a Complex Strategy Game for Crypto FirmsIt’s probably no coincidence that three major crypto firms – Coinbase, Genesis Trading and BitGo – have almost simultaneously announced plans to become prime brokers, a kind of fixer when it…

Asian markets and U.S. stock futures experienced a downturn, with Bitcoin dropping over 2% to $56,300, reflecting a risk-off sentiment in financial markets following the presidential debate where Kamala Harris was perceived to outperform Donald Trump. Dogecoin led declines among major cryptocurrencies, while Trump-themed political finance tokens saw significant losses, contrasting with a gain in

news TokenSoft, a security token offering platform, has partnered with Coinbase to provide an alternative custody solution for clients. The firm announced Thursday that STO issuers can now choose between self-custody through its platform or third-party solutions, including Coinbase Custody. For clients choosing Coinbase, the exchange will handle custody, insurance and auditable control of their digital…

Jan 3, 2021 at 6:10 p.m. UTCUpdated Jan 3, 2021 at 6:36 p.m. UTCDOGE’s Gone Wild! Meme Coin Soars After Adult Star Says She’s a HODLerThe price of dogecoin (DOGE) has more than doubled since the start of the new year after an adult star tweeted she’s been a HODler, a price move that could stoke…

news The U.S. Securities and Exchange Commission (SEC) has begun proceedings to determine whether it should approve a proposed bitcoin exchange-traded fund (ETF). According to a public filing published Tuesday, the SEC has begun evaluating the proposed rule change to allow NYSE Arca to list and trade shares of Wilshire Phoenix’s Bitcoin and Treasury Investment…

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Bitcoin experienced profit-taking after a week of gains, dropping by up to 0.5% over 24 hours before recovering to stabilize just above $72,400. U.S. bitcoin ETFs saw significant inflows for a second day, with more than $893 million invested on Wednesday following $879 million on Tuesday. High ETF inflows indicate robust institutional interest in bitcoin

PayPal (PYPL) will let its business clients buy, hold and sell cryptocurrency directly from their accounts in the U.S., potentially opening up a larger market for the payments giant. After letting its retail users do the same via PayPal and Venmo accounts for several years now, the company also saw demand from business owners to