Square Sees Profits From Bitcoin Sales Double in Q2

“We are calling upon the Government to find a path forward,” CryptoUK’s Director of Operations Su Carpenter told financial services minister Andrew Griffith in a Mar. 21 letter. "Blanket bans and restrictions of transfers from UK banks to crypto asset platforms… will have the effect of fundamentally undermining the Government’s ambition to become a crypto…

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 PricesTop StoriesA change to the mechanics of BlackRock's proposed spot bitcoin (BTC) ETF opens the door for Wall Street banks, which face restrictions holding cryptocurrencies, to play

Crypto bank Anchorage is adding custody support for tokens on the Solana blockchain, CEO Nathan McCauley told CoinDesk. The federally chartered custody company will initially allow its customers – ranging from venture capital firms and hedge funds to the treasuries of protocols – to stash a handful of tokens that follow Solana's SPL standard. 14:37

The crypto market may seem like a foreign world to many, with no real rhyme or reason for how it trades.Just like traditional markets, though, crypto goes through its own cycles – and these price cycles are remarkably consistent, including their timing between peak-to-trough bottoms, price recoveries and subsequent rallies to new cycle highs.You're reading

news The U.S. arm of cryptocurrency exchange Binance is opening for registration and deposits on Wednesday. The platform will go live supporting just six cryptocurrencies initially – bitcoin, (BTC), ether (ETH), XRP, bitcoin cash (BCH), litecoin (LTC) and the tether stablecoin (USDT). The platform expects more to be added in “coming weeks,” providing they pass…

feature Having traded cryptocurrency with his own money since 2014, software engineer Alex Wachli made a difficult choice when he joined the institutional crypto startup Seed CX. He had to give up trading. Seed CX forbids cryptocurrency trading by its roughly 40 employees. So Walchli effectively locked up his crypto holdings by handing the compliance team…

Thursday, Oct. 31 Termina, SVM-as-a-Service Platform by Nitro Labs, Raises $4M in Seed Round 01:22 Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions 00:56 Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 Termina, the SVM-as-a-Service platform

Grayscale is rolling out a new single-asset fund for MakerDAO's governance token. The new closed-end fund will be accessible to eligible individual and institutional accredited investors. 00:56 How NEAR Enables Multichain Access From One Account 00:52 Why Injective's INJ Has Surged 3,000% in 2023 11:05 How Spool Is Aiming to Help Institutions Enter DeFi 00:46

Major stablecoin USD Coin (USDC) will no longer be supported on the Tron blockchain, issuer Circle said in an announcement early Wednesday.“Circle is discontinuing support for USDC on the TRON blockchain in a phased transition. Effective immediately we will no longer mint USDC on TRON,” it said.Customers’ transfers of USDC to other blockchains will be