What ETF? There’s a Wall Street Stock That’s Already Tracking Bitcoin

Bitcoin fell to $25,530 on Wednesday, as investors shrugged off the U.S. central bank’s widely expected halt to a more than year-long diet of interest rate hikes. Major altcoins took a late afternoon dive to sink into negative territory.The largest cryptocurrency by market capitalization was recently trading down about 1.2% over the past 24 hours…

Relative richness of ether's short-term options-induced implied volatility suggests a pick up in hedging activity. The U.S.-listed ether ETFs are expected to begin trading next week. The impending debut of U.S.-based exchange-traded funds (ETF) tied to ether's (ETH) spot price has investors scrambling to the options market to hedge or protect existing market positions from

news A stablecoin project for the marijuana industry has joined a Arizona fintech sandbox. According to Arizona’s Attorney Generals Office, startup Alta was accepted into the office’s fintech program. The seventh startup to join to date, Alta is looking to address the banking needs of a $350 million statewide industry. Current federal regulations prohibit bank…

Jun 26, 2020 at 16:49 UTCUpdated Jun 26, 2020 at 17:06 UTCMoney Reimagined: Crypto’s Diversity ProblemA few years ago, when MIT Media Lab researcher Joy Buolamwini was leading an interactive digital art project, she found the facial recognition technology it employed was far better at recognizing her lighter-skinned MIT colleagues.   The discovery sent Buolamwini on…

Exiled Russian opposition leader Mark Feygin is launching an anonymous, blockchain-powered referendum on the legitimacy of Vladimir Putin’s victory in Russia’s election.The vote will be conducted on an app called Russia2024, built using Rarimo’s Freedom Tool.Vladimir Putin just won his fifth term as Russian president, though the 87% landslide election victory has been labeled preordained

Sep 28, 2020 at 12:44 UTCUpdated Sep 28, 2020 at 13:08 UTCBlockchain provides uncanny transparency into crypto-market data, lately indicating that investors have taken their bitcoin off of cryptocurrency exchanges. First Mover: Bitcoin Low Exchange Balance Looks Bullish but Chart Looks Bearish as $11K NearsThere’s a degree of transparency in cryptocurrencies that doesn’t exist in…

Worldcoin, the blockchain identity project founded by the duo behind OpenAI, has integrated with Okta and is launching its identity protocol, World ID, in Germany, the firm said in a Thursday press release shared with CoinDesk.World ID verification is coming to Germany, such that users will be able to get fully verified using custom-designed hardware…

Aug 26, 2020 at 16:00 UTCBitcoin News Roundup for Aug. 26, 2020With bitcoin’s silver lining and Ribbit’s $350 million “Blank Check,” CoinDesk’s Markets Daily is back for your latest crypto news roundup! For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. Today's Stories:Bitcoin’s latest…

Crypto companies should watch out for customers using privacy coins or self-hosted wallets as they try to spot potential money laundering activity, the European Banking Authority said in draft guidance published Wednesday.The plans, open for comment until August 31, follow a series of crackdowns on crypto tools which can enhance online privacy, but which lawmakers…