Stablecoin Reserves Need to Be Diverse, EU Bank Agency Chief Says
The bloc’s Markets in Crypto Assets rules, known as MiCA, are set to take effect as of 2024, but crypto market players should start adjusting their operations now, said José Manuel Campa, whose agency will play a key role in its implementation by drafting subsidiary legislation.
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Bitcoin Volatility Hits Longs and Shorts as $175M Liquidated, $1B in Open Interest Wiped
Bitcoin climbed to over $30,000 during the Asian evening hours on Wednesday on hopes of favorable monetary policies in the U.S, some market analysts opined. That move didn’t last long, however, as sudden sales drove prices to the $27,700 level following the U.S. market open.

William Shatner Defends Ethereum Creator Vitalik Buterin in Cryptic Tweets
Eighty-seven-year-old Canadian actor and producer William Shatner has just made some mysterious tweets supporting ethereum creator Vitalik Buterin. Shatner, a popular figure for his role in the Star Trek TV series, first tweeted a "thumbs up" to Buterin on Wednesday, which was quick to turn into a discussion thread. In a reply to Shatner's tweet, one…
First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists
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 Prices (CoinDesk) Top Stories Bitcoin regained $66,000 following Tuesday's dip below $65,500, but ongoing Mt. Gox-related selling pressure has tempered chances of a sustained

India Won’t See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps up to mid of 2025, said one of India's senior politicians, who oversees the financial evolution of the nation.Jayant Sinha, Chair of the Standing Committee on Finance in India's Parliament and a Minister of Parliament from the ruling Bharatiya Janata

Bitcoin Fund Holdings Hit All-Time High as Spot ETF Excitement Entices Crypto Investors
Bitcoin investment funds hold an all-time high of 863,434 BTC, according to ByteTree.Digital asset funds overall attracted large inflows over the past weeks as spot bitcoin ETF optimism spread to the broader crypto markets.Bitcoin (BTC) investment fund BTC holdings have risen to the highest ever alongside the token's continuing rally thanks in part to optimism

Gemini Clears New Deloitte Audit in Bid to Appeal to Wall Street
Apr 22, 2020 at 08:00 UTCChecking AICPA's audit boxes have become a regular feature of Gemini’s compliance and regulatory strategy. (Tyler and Cameron Winklevoss image via Wikimedia commons)Gemini’s exchange and custody services have cleared yet another systems design check.Cameron and Tyler Winklevoss’s crypto business announced Tuesday that it had completed the SOC 1 Type 1…

Post COVID-19, Companies Must Be Resilient, Not Just Efficient
Apr 13, 2020 at 15:02 UTCUpdated Apr 13, 2020 at 15:30 UTCPost COVID-19, Companies Must Be Resilient, Not Just EfficientPreston Byrne, a CoinDesk columnist, is a partner in Anderson Kill's Technology, Media and Distributed Systems Group. He advises software, internet and fintech companies. His biweekly column, “Not Legal Advice,” is a roundup of pertinent legal…

DeFi Platform Pendle Nears $1B in Total Value Locked
Pendle has almost reached $1 billion in total value locked, with most of that value locked in within the last six months.This surge in interest comes as the market looks for more opportunities for liquid restaking tokens.Pendle recently added support for the BNB chain and real-world assets (RWA)Pendle, a decentralized finance (DeFi) platform that offers