Crypto News Roundup for Oct. 21, 2021
Markets Daily Crypto Roundup
With bitcoin paving the way for an altcoin breakout and a look at what makes NFTs so revolutionary, CoinDesk’s Markets Daily is back with the latest news roundup.
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Bitcoin Vaults Over $70K, Hits New Highs
Bitcoin (BTC) hit a fresh new high of $70,400 during the Asian trading hours on Monday.The leading cryptocurrency has been steadily rising since the approval of the spot bitcoin exchange-traded funds in the U.S.08:42Bitcoin Ecosystem Developments in 2023 as BTC Hits Fresh 2023 High01:10Bitcoin Extends Rally as $1B in BTC Withdrawals Suggests Bullish Mood1:02:43Why Financial
Multibillion Dollar Oracle Tool Chronicle To Expand Outside of MakerDAO Ecosystem
Chronicle, the second largest oracle provider that safeguards over $5 billion for MakerDAO and its ecosystem, said Tuesday it is expanding outside of the MakerDAO ecosystem with a new protocol that makes oracles available on various networks.The Chronicle Protocol will soon launch first on Polygon zkEVM to service the fast-growing ecosystem and lay the foundation
Radar Relay Raises $10 Million for Decentralized Token Exchange
Decentralized trading platform Radar Relay closed a $10 million Series A funding round led by Blockchain Capital, the startup announced Wednesday.
How the ‘Halving’ Could Impact Bitcoin
The new entrants coming into Bitcoin via the recently launched ETF and prices bounce back up towards $50,000, it’s a good time to dig a bit into the Bitcoin halving, as we’re expected to go into another halving event in mid-April.The Bitcoin halving cycle refers to the recurring event that reduces the blockchain rewards paid
BBVA Can’t Hold Cryptocurrency – And That’s a Problem
The bank wants to use ethereum as a notary, but regulators discourage holding even the tiny bit of ether needed to put data on the public blockchain.
Crypto Custodian Copper Eyes $2.5B Valuation in $500M Funding Round Talks: Report
Copper, a provider of crypto services for institutions, is in talks over a $500 million funding round that would give the firm a $2.5 billion valuation.The round would likely come together before the end of the year, Business Insider reported Thursday citing people familiar with the matter.The news emerges just five months after London-based Copper…
Maple Finance’s Tokenized Treasuries Available to U.S. Investors After Securities Exemption
Blockchain-based credit marketplace Maple Finance has opened its cash management pools backed by tokenized Treasuries (T-bills) for U.S. investors, the firm said Wednesday.Maple secured a Rule 506(c) of Regulation D (RegD) exemption from the U.S. Securities and Exchange Commission (SEC). Prior to this, only non-U.S. entities could access the Maple pool.The cash management pools on…
CME’s Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut
CME ether futures see record open interest as spot ETFs start trading in the U.S. Volumes surge as ETFs open door for both directional and non-directional traders. Activity in Chicago Mercantile Exchange's (CME) ether (ETH) futures reached new heights on Tuesday as the debut of spot ETH exchange-traded funds (ETFs) in the U.S. galvanized investor