Ethereum Classic Tops $2 Billion to Set 3-Month High

Dec 5, 2020 at 10:38 p.m. UTCCardano to Launch Hard Fork Before Next Major Development PhaseIOHK, the development team behind public blockchain project Cardano, said it is set to launch a hard fork in December as part of the transition to the third development phase of the protocol. Dubbed “Goguen,” the third phase will be focused…

The community governing MakerDAO, the decentralized autonomous organization (DAO) behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S. government bonds via crypto asset manager BlockTower Capital.Voters unanimously favored opening a new real-world asset (RWA) vault named BlockTower Andromeda, according to a vote concluded on Thursday. The vault…

Digital bank Revolut is suspending access to cryptocurrencies through its platform for U.S. customers citing an uncertain regulatory environment, the platform confirmed to CoinDesk.U.S. customers will not be able to buy crypto via Revolut starting Sept. 2 but can continue to sell for 30 more days before access to crypto is fully disabled, according to…

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.The…

Bitcoin fell below $66,500 during the Asian hours as the dollar index rose above 105.00 for the first time since mid-November.Data released on Monday shows that U.S. manufacturing activity unexpectedly picked up the pace in March.June Fed rate cut probability dipped below 50% after the manufacturing data.Bitcoin (BTC) faced selling pressure during Asian trading hours

Dec 24, 2019 at 13:00 UTCReuben Youngblom currently co-runs the RegTrax initiative through Stanford UniversityLooking Backward to Build the Future: How Academia Is Shifting Its Blockchain FocusThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Reuben Youngblom is…

Hong Kong regulators said they are ready to consider applications for spot crypto exchange-traded funds (ETFs).In a joint statement, the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA) said the virtual asset environment has changed since 2018, when the SFC formulated a "professional-investors only" regulatory approach.Hong Kong has been loosening its approach

A bill to set out a regulatory regime for U.S. cryptocurrency markets will finally get a vote from the overall House of Representatives, said Rep. Patrick McHenry.The House Rules Committee approved the legislation for a vote next month, potentially pushing it toward a high-water mark for crypto legislation in the U.S.The most comprehensive U.S. cryptocurrency

news Cboe Futures Exchange (CFE) is putting its bitcoin futures market on hold. The unit of Cboe Global Markets said Thursday that it would not add a new bitcoin futures market for March, citing a need to review how it approaches the space. “CFE is not adding a Cboe Bitcoin (USD) (“XBT”) futures contract for…