Ether Trades Above $500 for the First Time Since July 2018

news Ohio Congressman Warren Davidson thinks crowdfunding may provide a solution to the controversial proposal of building a wall on the Mexican border. And, perhaps more notably, he suggested using a cryptocurrency to do so. During an interview with NPR’s Steve Inskeep, the U.S. lawmaker explained that he has already proposed letting the American public…

The battered crypto market awaits the Bitcoin (BTC) blockchain's fourth mining reward halving, due in April 2024, in hopes it would kickstart a major run higher, living up to its past reputation as a major bullish catalyst.Traders, however, should note that previous halvings did not necessarily catalyze bull runs single-handedly. Macro likely also played a

Dec 1, 2020 at 2:18 a.m. UTCUpdated Dec 1, 2020 at 3:35 a.m. UTCParent of Troubled BitMEX Names a Former Stock Exchange Chief Its New CEO100x Group, the holding group for HDR Global Trading Limited, owner and operator of the embattled BitMEX cryptocurrency derivatives platform, named Alexander Hoptner as the CEO.Announced Tuesday, Hoptner will become…

Bitcoin cash open interest surged to over $400 million.Rising open interest indicates higher inflows and improved sentiment.Plans for scaling system 'CashTokens' have also added to renewed interest.Open interest in futures tracking Bitcoin Cash (BCH) tokens has surged to May 2021 levels as the Bitcoin offshoot network experiences a revival of activity and value.BCH prices have…

Computing power on the Bitcoin network, known as hashrate, could drop by as much as 30% as unprofitable miners shut off their rigs after the next halving event, expected in April 2024, experts said in a Twitter Spaces on Wednesday hosted by CoinDesk as part of its Mining Week 2023.Lucas Pipes, Managing Director at investment…

Flowdesk, the crypto market maker that recently became a liquidity provider for Grayscale's bitcoin (BTC) exchange-traded fund (ETF), has raised $50 million in a Series B.The investment round was led by venture capital firm Cathay Innovation and included contributions from Cathay Ledger Fund, Ripple, Eurazeo, ISAI, Speedinvest and BPI.Flowdesk will use the funding to grow

The U.K. released its results from its digital pound consultation on Thursday, and privacy was a key worry.The idea to tackle privacy concerns by having a platform model and releasing legislation should help, experts told CoinDesk.The U.K.'s approach to handling privacy concerns posed by a digital pound should help quench concerns, according to interviews with

The investment in the XRP product was canceled due to crypto investment rules in Ireland.The asset manager had to quickly scrap the investment at a loss of $834.Jupiter Asset Management (JUN), the London-listed firm with assets under management of over $65.8 billion, had to scrap an investment in one of the crypto exchange-traded products (ETP)

Countries should set up legal frameworks that support the deployment of central bank digital currencies (CBDC), Agustin Carstens, general manager of the Bank for International Settlements, an international bank said on Wednesday.Around 80% of central banks are either not allowed to issue a CBDC under existing laws or they have legal frameworks which lack clarity