Robinhood Limits Cryptocurrency Trading Citing ‘Extraordinary Market Conditions’

Bitcoin crossed above $59,000 Wednesday, registering a 40% rise in four weeks.Some traders have started adding puts to protect against a potential steep drop, according to Greeks.Live.Bitcoin's (BTC) recent near-vertical rise has some traders seeking protection against a potential leverage washout and price pullback.The leading cryptocurrency by market value topped $59,000 on Wednesday, marking a

The Bitcoin network hashrate is now back to pre-halving levels, the report said. The bank noted that U.S.-listed miners' share of the network hashrate increased for the fifth straight month to a new record. The fall in the hashprice, coupled with seasonal trends, could limit hashrate growth in the near term, JPMorgan said. Bitcoin (BTC)

Apr 14, 2020 at 08:09 UTCUpdated Apr 14, 2020 at 08:14 UTCCredit: Shutterstock/natmac stockOne of the world's largest video platforms, iQiyi, hopes to improve its user experience after joining forces with a public blockchain that enables bandwidth sharing.The freshly inked deal will see the Beijing-based video platform use the peer-to-peer infrastructure from New Kind of…

Stablecoin issuer Circle Internet Financial on Friday rolled out a smart contract codebase called Perimeter Protocol that aims to serve as an open-source foundation to build tokenized credit markets.The company said in a blog post that Perimeter can support a variety of credit use cases, including invoice factoring, payroll advances, instant settlement for merchants and

Dec 1, 2020 at 5:53 p.m. UTC(Guillaume Périgois/Unsplash)Why Europe Bests the US at Attracting Crypto StartupsFor years lawyers have warned of the risks associated with running a cryptocurrency business in the United States, especially when a token is involved. Regrettably, those risks are more apparent than ever. As New York- and Austrian-licensed attorneys, we’ve talked…

Lyra’s new offering allows liquid restaking token holders to automate and package any yield-bearing strategy into an ERC-20 token, which can be used elsewhere.Initially, users will be allowed to tokenize basis trade, followed by a covered call strategy later.Decentralized options platform Lyra Finance now allows holders of liquid restaking tokens (LRT) to generate an additional

Major token prices were little changed over the weekend as bitcoin (BTC) and ether (ETH) held above support levels in the absence of a catalyst that could help sway prices, though interest-rate decisions due later this week may introduce downward pressure.Markets remained generally tepid, with overall capitalization growing just 0.4% in the past 24 hours

news Bakkt may not be able to launch its planned bitcoin futures exchange this month as planned, but that isn’t stopping the company from developing its projects. CEO Kelly Loeffler announced Monday that the New York Stock Exchange–backed startup was acquiring “certain assets” belonging to Rosenthal Collins Group (RCG), an independent futures commission merchant. RCG had…

Through each stepchange in technology, marketing has continually evolved. What started in the early days of Mesopotamia and Egypt, with merchants advertising their goods using symbols and signs on stalls, has become a complex global industry, constantly adapting to communications innovation.This op-ed is part of CoinDesk's Web3 Marketing Week.When it comes to Web3, the latest