Crypto ICO Metronome Raises $12 Million in Unconventional Auction
An initial coin offering for Metronome let the market find its price with a reverse auction that sold 8 million tokens.
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Tech Retailer Newegg Expands Bitcoin Payments to Another 73 Nations
news Online electronics and software retail giant Newegg has expanded its bitcoin payments option to a host of new countries. In an announcement on Wednesday, the U.S.-based firm said it will accept bitcoin in 73 additional of its country-specific stores. The news means that the cryptocurrency can be used to pay for purchases in nearly…
GSR and Wealth Manager St. Gotthard Execute Options Trade Tied to CoinDesk 20 Index
GSR announced Wednesday the completion of a first options transaction tied to the CD20 index. The CD20 index was introduced earlier this year and is a broad-based market index for crypto, similar to the Dow Jones average for U.S. equities. Crypto trading firm GSR said today it completed an options transaction based on the CoinDesk
XRP, Litecoin Fall to Lowest Prices Yet Seen in 2018
The price of XRP and Litecoin, two of the world's largest cryptocurrencies, fell to new 2018 lows on Wednesday.
Crypto Traders Flock to OTC Markets as Exchange Liquidity Dries Up Amid Regulatory Clampdown
Crypto traders are turning to over-the-counter (OTC) markets to source elusive liquidity following a regulatory crackdown that has resulted in a substantial decrease in market depth on centralized exchanges.OTC demand has been steadily on the rise since the collapse of FTX in November, with subsequent spikes being attributed to the collapse of several crypto lenders…
Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs
On-chain statistics for May show a mixed picture regarding bitcoin (BTC) and ether (ETH) adoption, Goldman Sachs (GS) said in a report on Monday.Changes to ether balances across cohort groups have been largely unchanged, but bitcoin addresses with balances of more than 100,000 BTC seeing a monthly decrease of 31%, the report said.The spent output…
Cardano’s ADA Rockets 35% as Hoskinson Says He’s Helping U.S. Crypto Policy
Cardano’s ADA tokens surged 33% in the past 24 hours, outperforming bitcoin and other majors, as founder Charles Hoskinson revealed plans to help shape U.S. crypto policy under the Trump administration — boosting speculative bets on the token. ADA rose above 58 cents for the first time since April, extending 7-day gains to over 77%
Bitcoin Approaches $30K, Reaching Highest Price Since June
Featured SpeakerDeep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.James Rubin is CoinDesk's U.S. news editor based on the West Coast.Featured SpeakerDeep Dive: EthereumProtocol VillageAustin Convention CenterJoin an hour long exploration of the advancements defining the Ethereum community in 2023.For a while Monday, even as…
Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Blockchain risk management firm Gauntlet has broken off its four-year-long relationship with the decentralized lending platform Aave, citing difficulty working with the decentralized autonomous organization (DAO) that governs the protocol.In a post in the Aave forums, Gauntlet co-founder John Morrow said it was terminating its relationship with the lender because his team "found it difficult