The Creator of the Internet Signed Up for Blockstack – And ‘Shit Got Real’

U.S.-listed crypto companies rose Wednesday as bitcoin {{BTC}} climbed past $51,000 for the first time since December 2021, taking its market cap to $1 trillion.Bitcoin, the largest cryptocurrency by market value, added about 2.9% in the last 24 hours, while the CoinDesk 20 Index, a measure of the largest digital assets, rose around 2.1%. Ether

Galaxy Digital's venture team has long invested its own money in crypto companies. Now, it's planning to do that with outside investors' capital, too.The crypto investments giant is putting together a $100 million fund that will invest in early-stage crypto companies, according to an investor email shared with CoinDesk. Galaxy moved its venture capital franchise

This is the third version of this headline I've published in this newsletter. And the answer may finally be yes: A spot bitcoin exchange-traded fund (ETF) may begin trading in the U.S. in the coming weeks.You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign

Crypto exchange Bybit is integrating a ChatGPT-based artificial intelligence (AI) tool in its trading platform to automate market data analysis.The new feature, called ToolsGPT, is an AI chatbot that users can query for "technical analysis, backtested price data, and other essential metrics," the firm said in a press release on Thursday. For example, Bybit traders…

The U.S. SEC has delayed a decision on a proposed bitcoin ETF, pushing its final determination ahead by more than a month.

Key team members behind NovaWulf, the digital asset investment firm that bid for bankrupt crypto lender Celsius, have formed a new firm called Valinor, according to an email reviewed by CoinDesk.“We are excited to share the news that we are launching a new investment entity, Valinor, to pursue investment opportunities related to blockchain and financial

Nov 4, 2020 at 14:00 UTCUpdated Nov 4, 2020 at 14:07 UTCDecentralized oracle platform Razor Network has raised $3.7 million in a seed funding round from NGC Ventures, Alameda Research, Spark Digital Capital and private investors including Mariano Conti, former head of oracles at MakerDAO.“Mariano really understands what we’re doing,” said Razor Network founder and…

Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) has won the blessing of the U.S. Securities and Exchange Commission.The new ETF is set to start trading on Friday, after the bitcoin-linked fund cleared the final regulatory hurdles, a Valkyrie spokesperson said. It will trade on Nasdaq under the ticker BTF on Nasdaq, despite short-lived plans to…

Aug 27, 2020 at 14:22 UTCUpdated Aug 27, 2020 at 14:31 UTCBitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.  The leading cryptocurrency jumped from $11,400 to $11,594 in 20 minutes to 09:30 EDT only to give up gains in the next few minutes. At press, bitcoin is…