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Blockchain Bites: Capital-Constraining Compliance and Tether’s ‘Interoperability Bridge’
Apr 27, 2020 at 17:53 UTCUpdated Apr 27, 2020 at 18:28 UTCBlockchain Bites: Capital-Constraining Compliance and Tether’s ‘Interoperability Bridge’Dutch regulations are causing capital constraints among crypto startups, a crypto exchange is extending credit lines and Kentucky is looking to blockchain to manage its critical infrastructure. Last week, Bittr, a Dutch crypto exchange announced it would…

Luno to Halt Some UK Clients From Investing in Crypto as Regulation Looms
Crypto exchange Luno plans to stop some U.K. clients from investing in crypto, Nick Taylor, head of public policy at the company, told CoinDesk in a statement.These changes will come into effect by Oct. 6, two days before the U.K.’s new crypto promotion rules are set to come into force. CoinDesk and Luno are both

Bitcoin Price Pattern Suggests a Bounce May Be Coming
NEWS If past events are a guide, bitcoin (BTC) could in for a recovery rally in the short-term. Following Wednesday’s 10 percent slump, the leading cryptocurrency printed an intraday low of $5,188 on Thursday, before closing largely unchanged on the day (as per UTC) at $5,580. The price swing formed what’s termed a “long-tailed doji”…

Bitcoin Whale Michael Saylor Might Buy a Lot More BTC
MicroStrategy, the software developer that’s amassed a giant bitcoin (BTC) stash in recent years, may raise up to $750 million by selling more stock and plans to use the proceeds to buy more bitcoin, among other things.The announcement was made in a U.S. Securities and Exchange Commission filing late Tuesday. Bitcoin’s price rose noticeably in…

Crypto World Cautiously Hopeful as California Acts in Absence of U.S. Feds
Even after crypto firms' struggled with New York’s BitLicense, industry representatives see some positives in California's version of the licensing system and praise the listening skills of Governor Gavin Newsom's administration.Industry lobbyists say they'll keep trying to make changes to California’s new law before it’s implemented in 2025.Crypto insiders feel they've been burned before in

Eventually, We Are All Ethereum
Ethereum is eating all the blockchains. That’s fine.If history is a prologue, then Ethereum is going to eat the entire blockchain sector and everything that is not Ethereum will eventually become an Ethereum Layer 2. I believe the recent decision by CELO stakeholders to shift into operating as an Ethereum Layer 2 is just the

Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data
Jocelyn Yang is a markets reporter at CoinDesk. She is a recent graduate of Emerson College's journalism program. Bitcoin (BTC) rose during U.S. trading hours on Tuesday as investors contemplated the latest banking unrest and seemed to regain interest in crypto and other assets that hold value.The largest cryptocurrency by market capitalization was recently trading…

XRP Trading Volumes Surges to Billions of Dollars on South Korean Crypto Exchanges
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April…