Coinbase asks Congress to grant CFTC spot market authority

The price of Ethereum (ETH) has reached a new yearly high at $322, surpassing the previous high achieved in February 2020. Three key catalysts are seemingly behind the ETH rally.Since early 2020, the anticipation of Ethereum 2.0, which would enable staking for users, pushed the demand for ETH upward. Staking allows users to receive incentives…

An apparent “glitch” on PDAX temporarily dropped BTC prices by 88% and saw trading suspended. The exchange held a press conference yesterday to explain what happened. 4385 Total views 16 Total shares One of Southeast Asia’s biggest crypto exchanges is blaming a technical glitch for the price of Bitcoin dropping down to 300,000 PHP, roughly…

Chinese authorities arrested fifteen men suspected of corrupting an internet café administrator to mine cryptocurrency.Local crypto industry news outlet 8BTC reported on Sept. 3 that police in Henyang, a city in south central China’s Hunan province, arrested the man for cryptojacking. Over 9,000 computer administrators were reportedly involved in helping the unauthorized mining operation.A profitable…

Did you know that between 2012 and 2020, over 3,000 blockchain venture capital deals occurred across the world? Cointelegraph Consulting has built the most comprehensive data set of all blockchain venture capital to date. Covering over $16 billion invested by 928 different angels, VCs, incubators and corporates, the new 75-page report is the most in-depth…

The coronavirus pandemic is the “black swan of 2020”, leading financial markets into a level of decline not seen since the 2008 recession. However, blockchain may still have a chance to flourish during these times of crisis.Financial crisis presents an opportunity for blockchain developersOn March 19, Yu Jianing, Huobi University Principal gave a live broadcast…

Bitcoin (BTC) has been taking the spotlight in recent months, but altcoins have started to finally follow the number one cryptocurrency. Several large caps have been making double digits runs in the previous days, resulting in a mini altseason.Not only has Ether (ETH) soared above $500, but Litecoin (LTC) also gained 40% in the previous…

Bitcoin's (BTC) quick run-up above $40,000 during the early New York trading session Thursday lost momentum midway as traders decided to secure short-term profits.The benchmark cryptocurrency shed up to 12.08% after topping out at $40,440 on Coinbase. It reached an intraday low of $36,410 ahead of the London opening bell on Friday, showcasing upside resilience…

Blockchain finance company Circle will use digital financial services company Nice Actimize’s market monitoring tools to fight manipulation, a press release confirmed on Feb. 27.Nice Actimize, which forms a branch of Israeli enterprise software giant Nice Ltd., offers professional client tools in the areas of financial crime, risk and compliance.Circle will use Actimize’s Cloud Markets…