Crypto News Roundup for Jan. 21, 2020

markets Litecoin’s price hit its highest level in over a year on Monday. The world’s fourth largest cryptocurrency as per market capitalization rose to $128.07 at 12:00 UTC on Coinbase – the highest level since May 23, 2018 – and was last seen trading at $126, representing a 10 percent gain on a 24-hour basis.…

Sep 23, 2020 at 00:30 UTCMatt Liu, co-founder; Tom Linton, OUSD head engineer; and Josh Fraser, co-founder (Origin)Origin Debuts OUSD, a Stablecoin That Works Like a Savings AccountPeer-to-peer commerce company Origin is announcing Origin Dollars, or OUSD, a stablecoin whose reserves leverage decentralized finance (DeFi) so that balances grow wherever it resides, no staking or…

The U.S. is one step closer to having a spot market bitcoin exchange-traded fund (ETF), the holy grail of white glove crypto financial products. On Tuesday, a three-judge panel for the U.S. Court of Appeals delivered a crushing interpretation of the Securities and Exchange Commission’s logic for denying an ETF, finding the agency acted “capriciously”…

Coinbase (COIN) and the Securities and Exchange Commission will meet in court this week. The hearing – the questions asked and the answers given – should provide some hints on how the case may go (for now, anyway).You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here…

Renewed hopes for U.S.-listed ether ETFs drive the crypto market higher and liquidate bearish short positions.Bloomberg analysts raised the approval odds to 75%, boosting market sentiment.Bitcoin (BTC) surged over $71,000 early Tuesday, its highest since early April, as ether surged over 19% to $3,700 after Bloomberg analysts raised the probability that spot ETH exchange-traded fund

news Ripple co-founder and executive chairman Chris Larsen, his wife Lyna Lam and nonprofit foundation Rippleworks have donated $25 million in XRP cryptocurrency to San Francisco State University. The university announced the news on Friday, saying that the donation is the “largest gift ever made in a digital asset” to a university in the U.S. The funding…

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.James Rubin is CoinDesk's U.S. news editor based on the West Coast.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Good morning. Here’s what’s happening:Prices: Bitcoin…

Developers and companies researching blockchain technology are looking to the U.S. government to help spur adoption, a new report by IBM claims. Written by Thomas Hardjono, director of the MIT Trust: Data Consortium, the report summarizes the results of a series of roundtable meetings held by the Congressional Blockchain Congress – a group of lawmakers…

Crypto usage has reached record levels, according to venture capital firm Andreessen Horowitz (a16z) in its annual “State of Crypto” report released Wednesday. The report highlights a dramatic increase in blockchain activity, with 220 million addresses interacting with the technology at least once in September, triple the number in late 2023. 01:11 Private Transactions Surge