HODLers Are ‘In the Money’ Despite Bitcoin’s Drop to Six-Month Lows

Circle's USDC dollar-pegged stablecoin fell to as low at $0.74 on three separate occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin (BTC) ETF will be approved this month.Between 12:10 and 12:21 UTC, USDC suffered three spikes down to $0.74, $0.80 and $0.79 against its tether (USDT)

NEWS U.S.-based cryptocurrency exchange Coinbase opened its over-the-counter (OTC) crypto trading desk earlier this month. In an interview with news source Cheddar on Tuesday, Coinbase head of sales Christine Sandler said that the firm launched the OTC desk as a complement to its exchange business because institutions are using OTC as an “on-ramp for crypto…

Tokenized versions of U.S. Treasuries grew nearly seven-fold so far in 2023 as competition between investment offerings and blockchain venues intensified.According to real-world asset (RWA) monitoring platform RWA.xyz, the tokenized Treasury market surged to $698 million as of Monday from around $100 million at the start of the year. The expansion was spurred by new

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As blockchains push for more decentralization, the crucial component known as the "sequencer" is becoming a bigger focus.Espresso is one of the leading projects working on "shared sequencing." The project relies on permissionless network nodes.Andreessen Horowitz's a16z Crypto is viewed as one of the top venture capital firms. Polygon Labs was also an investor. Espresso

WASHINGTON, D.C. – A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Monday.Rather, Magistrate Judge Zia Faruqui urged the two parties to work on the various discovery requests

NEWS Sep 6, 2018 at 14:30 UTC  |  Updated  Sep 6, 2018 at 14:44 UTC Circle Internet Financial has announced the hiring of a former U.S. Department of Homeland Security (DHS) official as its chief legal officer. As reported on the company's blog, the cryptocurrency startup has welcomed former DHS acting general counsel Gus Coldebella to…

Feb 12, 2020 at 05:00 UTCBitcoin miners image via CoinDesk archivesBitcoin’s Mining Difficulty Stagnates as Coronavirus Outbreak Delays New EquipmentAfter posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.The slowdown in the growth of so-called…

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Trading volumes on Binance of bitcoin (BTC) denominated…