The SEC Is Weighing a Bitcoin Futures ETF – Here’s What That Means

Donald Trump is promoting "The DeFiant Ones," a new family-run decentralized finance (DeFi) platform, on Truth Social. This move is part of his broader appeal to the crypto community, positioning himself as a pro-crypto U.S. presidential candidate. However, specific details about the platform's functionality or launch date remain scant as of Friday. 02:07 Three Crypto

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Xapo Bank, a crypto-friendly institution based in Gibraltar, will allow customers to deposit and withdraw tether (USDT), the largest stablecoin by market cap, by the end of the month.The transactions will not incur fees,…

The brief rally in the cryptocurrency markets following Friday's U.S. jobs report quickly reversed in volatile action. Bitcoin (BTC) jumped to $57,000 earlier today following the key report, only to the erase its gains and tumble below $55,000. The largest crypto was down nearly 4% over the past 24 hours. The selloff was broad-based, with

Oct 14, 2020 at 12:00 UTCU.S. Attorney General William Barr unveiled the Department of Justice's cryptocurrency enforcement framework last week.(Drew Angerer/Getty Images)The US Crypto Enforcement Framework Is a Warning to International ExchangesThe Department of Justice (DOJ) just fired a warning to crypto exchanges worldwide: Comply with U.S. law or face the potential wrath of the…

Aug 20, 2020 at 21:00 UTC(Harold Mendoza/Unsplash)The Most Pro-Bitcoin Politicians in the USWhether fighting for reduced taxes for staking or regulatory sandboxes for tokens, these politicians break the mold when it comes to digital assets. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts,…

Mike Belshe, CEO of BitGo via CoinDesk archiveBitGo, one of the largest and oldest custodians for digital assets, is joining the fast-growing business of lending out bitcoin and other cryptocurrencies to big investors. The Palo Alto-based company announced Thursday it is now offering institutional digital asset lending services. Founded in 2013 by CEO Mike Belshe, BitGo…

news The owner of the New York Stock Exchange, Intercontinental Exchange (ICE), is reportedly eyeing a New York license for its long-delayed crypto exchange Bakkt. With Bakkt’s launch having been held up for five months, apparently over persuading the Commodity Futures Trading Commission (CFTC) to approve it to custody bitcoin for its planned physically-delivered futures contracts, ICE apparently…

Source: CoinDesk Bitcoin Price IndexMarket Wrap: $10,000 Remains Bitcoin’s Price to BeatIt was $10,000 or bust as bitcoin traded unremarkably for much of Monday.   Bitcoin (BTC) was trading around $9,706 as of 20:00 UTC (4 p.m. ET), slipping by less than a percent over the previous 24 hours.  At 00:00 UTC on Monday (8:00 p.m.…

Mergers Position Yearn Finance as the Amazon of DeFiYearn Finance looks like it could put together the Amazon of decentralized finance (DeFi). If it does it, it will get there like everything else in crypto: way faster.For context: At an event in 2012, Amazon founder Jeff Bezos sat on stage with his CTO, Werner Vogels,…