Robinhood Adds Ethereum Classic to Crypto Trading App

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

Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether’s reserves. These documents were released two years after our original filing in 2021 and only after a full-blown legal fight with Tether, which CoinDesk won in February.You’re reading State of Crypto, a CoinDesk…

Jan 11, 2021 at 6:31 p.m. UTCUpdated Jan 11, 2021 at 6:36 p.m. UTCThe bear returns(Wellcome Library, London)Bitcoin Erases Most of New Year’s Gains Amid Short-Term Profit TakingBitcoin’s prices have surrendered much of 2021’s eye-popping gains in an equally breathtaking plunge, a drop traders and analysts said was mostly due to short-term profit taking by…

The crypto market has struggled since the launch of spot ether ETFs, the report said. Citi noted that spot bitcoin and ether ETFs have seen net outflows in the past month. Stablecoins have been the outlier, with market caps continuing to grow, the bank said. The cryptocurrency market has struggled since the launch of trading

While the market didn't like the SEC's bitcoin ETF delay decision, observers on social media weren't surprised at all.

Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...The U.S. Securities and Exchange Commission's (SEC)…

The bitcoin (BTC) hashrate continues to hit new all-time highs as competition between miners escalates ahead of the next halving event, expected second-quarter 2024, JPMorgan (JPM) said in a research report Thursday.The halving will reduce issuance rewards to 3.125 BTC from 6.25 BTC, “implying a reduction in miners’ revenues, effectively increasing bitcoin’s production cost at…

Shares of Applied Digital Corporation (APLD), a Texas bitcoin mining and data center firm, surged 12% on Friday, as the firm announced its third deal in the field of artificial intelligence (AI).Under the partnership, Applied Digital's AI cloud service will use supercomputers designed by Hewlett Packard Enterprises (HEP) and built using NVIDIA H100 graphics processing…

Defunct crypto lender Celsius has filed an updated bankruptcy plan to reflect a successful bid for assets by the Fahrenheit consortium.Fahrenheit, a consortium of buyers that includes venture capital firm Arrington Capital and miner US Bitcoin Corp, was announced as successful bidder in May, ousting an attempt by NovaWulf to claim the company whose assets…