Texas Bitcoin reserve hearing ‘symbolic move’ for crypto — Analyst
While the hearing represents a positive step forward, the Fed’s monetary policy remains the main driver of Bitcoin’s trajectory, analysts told Cointelegraph.
Related Posts


New node certification could coax more institutions into Ether staking
A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS.

Union of European Football Associations Implements Blockchain-Based Ticketing System
The Union of European Football Associations (UEFA) has successfully deployed a new ticketing system via mobile phones based on blockchain technology, according to an August 16 press release. After the “successful implementation” of the blockchain ticketing system for 50 percent of the tickets for the 2018 UEFA Europa League final in Lyon in May, the…

Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment
The operator of now-defunct Bitcoin (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry news outlet FinanceFeeds reported on July 12.The proceedings against Montroll began last year. In July 2018, Montroll pleaded guilty to obstruction of justice, admitting…

OpenAI reportedly considering shift to for-profit as CEO stacks board
The reported discussions come as the company adds a former NSA director to its board.

DeFi projects rush towards Layer 2 as Ethereum clogs up
Leading DeFi protocols are rushing to implement Layer 2 to ease the burden of high gas fees. Decentralized finance (DeFi) protocols are racing to implement Layer 2 scaling solutions as Ethereum gas fees skyrocket and the network struggles under the demand.Popular DeFi platforms including Uniswap, Aave, and Synthetix are gettin closer to rolling out the…

DOGE soars 80% on the day to become 10th largest crypto by market cap
Being a "cute" and meme-like cryptocurrency has not prevented Dogecoin from seeing some serious, record-breaking price action amid the crypto market rally this week. 2115 Total views 12 Total shares Dogecoin (DOGE), the notorious meme-like cryptocurrency that continues to invite both affectionate hype and thinly-concealed derision, has posted some of the highest gains in the cryptocurrency…

Polkadot unveils $770M development fund ahead of parachain auctions
Polkadot (DOT) founder Gavin Wood has unveiled a $777 million development fund ahead of the network’s parachain lease auctions. Wood tweeted on Oct. 17 that Polkadot’s treasury has allocated more than 18.9 million DOT (worth roughly $777 million at the time of writing) to a development fund that will be disbursed through community governance. Wood…

Bitcoin price hits new all-time high as crypto market matures
Bitcoin (BTC) price has officially reached a new all-time high on Dec. 1 above $19,892 after nearly three years, according to data from Coinbase and Tradingview.BTC/USD weekly chart (Coinbase). Source: Tradingview.comDespite the Thanksgiving crash last week, BTC price has managed to rebound throughout the weekend. BTC then easily passed the $19,000 mark on Monday to reach…