The SEC Is Weighing a Bitcoin Futures ETF – Here’s What That Means
The distinction between a physical and futures-backed ETF is worth unpacking given that one may or may not have a better shot at SEC approval.
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Crypto-Powered Internet Helps Work From Home During Coronavirus
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OKEx Token Price Tumbles Added 20% in Wake of Suspended Withdrawals
Oct 17, 2020 at 18:21 UTCOKB and other exchange tokens percentage change in wake of OKEx withdrawal suspensionOKB, the native exchange token for OKEx, has lost nearly an additional 20% of its market value Saturday, bringing its total drop to roughly 30% since the second-largest cryptocurrency derivatives exchange suspended withdrawals early Friday morning due to…
Bitcoin Miner Riot Platforms’ Second-Quarter Loss Widens to $84.4M as Costs Surge
Riot attributes the increase in losses to selling, general and administrative expenses of $61.2 million compared with $41.4 a year ago. The bitcoin "halving", which cuts the reward miners receive for adding new blocks to the network, lower number of bitcoin that Riot produced during the quarter. 00:38 Rep. Ro Khanna on Division Between Parties
Why the CFTC’s Questions About Ethereum Matter
news Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. ————————–————————–————————–————————–————————–————————– Are ether futures just around the corner? Last week, the US Commodity Futures…
Airstack Raises Over $7M for AI-Backed Web3 Developer Platform
Brandy covers crypto-related venture capital deals for CoinDesk. Web3 developer platform Airstack has raised over $7 million after closing the second half of a pre-seed funding round that was led by Superscrypt. The startup allows developers to access and utilize cross-chain data using natural language requests backed by artificial intelligence (AI), an increasingly popular albeit…
Research Firm Favors Bitcoin ‘Covered Strangle’ Strategy to Enhance Portfolio Yield by 17%
10x Research suggests selling out-of-the-money (OTM) call and put options tied to bitcoin while holding the cryptocurrency in the spot market.The so-called covered strangle strategy will generate a 17% yield, in addition to the upside from the spot market holdingBitcoin (BTC) investors looking to generate extra income in addition to their spot market holdings should
DBS Bank Looks to Be Launching a Digital Asset Exchange
Oct 27, 2020 at 10:48 UTCUpdated Oct 27, 2020 at 11:04 UTCDBS Bank(S3studio/Getty Images)DBS, the Singapore-based bank and financial services corporation, appears to be planning to launch a digital assets trading platform. According to a cached web page, apparently posted in error and taken down again, DBS Digital Exchange will offer access to "an integrated…
Banking Giant State Street Cuts Ties With Crypto Custody Firm Copper
State Street will continue to work on “a multi-faceted solution for both tokenized securities as well as native tokens,” the bank said, adding that the “regulatory environment for digital assets has continued to evolve, as has the requirements for servicing this asset class.”