SoFi to Go Public Through SPAC Merger at $8.6B Valuation

Jan 30, 2020 at 18:00 UTCUpdated Jan 30, 2020 at 19:24 UTCTwo Social Networks Announce Plans to Integrate YouNow’s Props TokenWhen YouNow launched the props token on ethereum in July, the company’s goal was always for other companies to use it.Now, YouNow says two other peer-to-peer sites are integrating the crypto token: Camfrog and Listia.…

May 26, 2020 at 13:09 UTCUpdated May 26, 2020 at 13:30 UTCEmployers struggling to meet the conditions set by the U.S. government’s loan program may find salvation in an unlikely place: a new bitcoin 401(k) plan from Bitwage. Calling the product a world first, the crypto payroll company said Tuesday it had successfully trialed its…

Tokens built on the Solana blockchain are getting a bit more programmable, with their developers now able to implement rules around who can hold them and what they can do with them.The Solana Foundation, a key group in managing the Solana blockchain said Wednesday that its "token extensions" upgrade to Solana's SPL token standard is

The U.S. is one step closer to having a spot market bitcoin exchange-traded fund (ETF), the holy grail of white glove crypto financial products. On Tuesday, a three-judge panel for the U.S. Court of Appeals delivered a crushing interpretation of the Securities and Exchange Commission’s logic for denying an ETF, finding the agency acted “capriciously”…

Bullish bitcoin (BTC) undercurrents lurk below the boringly calm crypto waters, setting the stage for a potential outsized price rally.The percentage of bitcoin's circulating supply active onchain within the last month fell to a record low of 5.4% early this week, according to Blockware Solutions and Glassnode. In other words, fewer coins are changing hands

Oct 30, 2020 at 16:53 UTCBlockchain Bites: Ripple’s MoneyGram Pump, OKEx’s Bitcoin Cash Plan, Bitcoin’s BirthdayRipple has invested over $50 million in remittance firm MoneyGram over the course of the firms’ working relationship. Forbes published an investigation detailing the byzantine corporate structure Binance may have created to avoid U.S. regulations. Ether grew as a share…

markets View Bitcoin printed a 10-month high of $8,390 earlier today only to fall back quickly below $8,000, strengthening the bearish divergence of the 4-hour chart relative strength index (RSI). The daily RSI is also teasing bearish divergence. BTC risks falling to a potential double-top neckline at $7,619. A break lower would open the doors…

This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesCD prices (CoinDesk)Top StoriesThe bitcoin (BTC) price was little changed Monday, in line with subdued weekend volatility, with one trader saying it could drop to as low

Nov 24, 2020 at 8:18 a.m. UTCCrypto.com Takes Steps Toward Financial Licensure in MaltaCrypto.com is trying to bulk up its Maltese financial licenses in search of a competitive edge across Europe.The Hong Kong-based crypto firm received preliminary approval from the Malta Financial Services Authority (MFSA) for two financial licenses that govern how payment companies operate…