Coinbase Is Boosting Its Crypto Buying Limit to $25K a Day
Cryptocurrency exchange Coinbase announced it was opening instant trades and increased trading limits Tuesday.
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Crypto-Friendly Signature Bank Raked In $4B in Deposits in Q3 2020
Oct 20, 2020 at 13:51 UTCUpdated Oct 20, 2020 at 13:53 UTCSignature Bank Chairman Scott A. Shay(Signature Bank)Deposits at crypto-friendly Signature Bank grew by $4.11 billion, an 8% increase, in the third quarter of 2020.Over the past year, deposits have grown by $15.28 billion or nearly a 40% increase, according to the bank's earnings release.…

Market Wrap: Bitcoin Briefly Breaks Below $9K, but Markets Remain Comatose
Bitcoin broke below $9,000 Thursday afternoon as the leading cryptocurrency has continued to trade in a tight range just above $9,000 for several weeks. Bitcoin at $9,060 as of 20:00 UTC (4 p.m. ET), down 2% over 24 hoursBTC trading range (past 24 hours): $9,300 - $8,900Ether down 3% trading, at around $225Institutional investment continues…

Ben McKenzie, the Hollywood Hypocrite Crypto Critic
Ben McKenzie, the former teen heartthrob who starred in “The O.C." and "Gotham,” jokingly refers to his somewhat recent career pivot as going from a “mid-level celebrity” to part-time crypto critic. A few years ago, at a time when many of McKenzie’s actor peers were shilling things like EthereumMAX and FTX, he started building a…

Spain Working on Bill to Force Crypto Holders to Disclose Assets, Gains
Please consider using a different web browser for better experience.Please enable JavaScript in your browser for a better site experience.Oct 13, 2020 at 11:20 UTCUpdated Oct 13, 2020 at 11:27 UTC(Shutterstock)Spain Working on Bill to Force Crypto Holders to Disclose Assets, GainsSpain’s cryptocurrency users may soon have to disclose their holdings to country’s tax agency.…

This Virginia Lawmaker Argues Blockchain Can Boost Local Elections, Economy
Jan 23, 2020 at 10:20 UTCDelegate Hala Ayala, the new chair of the Virginia House of Delegates' Tech and Innovation subcommittee, is pushing her state government to study blockchain. Hala Ayala image via Delegate's officeA Virginia lawmaker is pushing her state’s government to study how blockchain could shape the future of local elections and commerce. On…

DeFi ‘Vampire’ SushiSwap Still Hemorrhaging Liquidity
Sep 30, 2020 at 12:27 UTCJustinc / Wikimedia CommonsDeFi trading protocol SushiSwap, which threatened to sap the life out of rival Uniswap just two weeks ago, is still losing crucial liquidity. Data from DeFi Pulse shows total value locked (TVL) in SushiSwap has dropped nearly 8% in the past 24 hours.TVL represents the dollar value…

Bitcoin News Roundup for Jan. 18, 2021
With bitcoin hovering around $36,000 and Iran’s government blaming crypto miners for recent blackouts, CoinDesk’s Market’s Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories: Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since…

BitMEX Parent Names Höptner as New CEO
100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Höptner as the new chief executive officer, effective in January 2021. Höptner comes from Börse Stuttgart GmbH and Euwax AG, where he has been CEO since 2018. This story is developing and will be…