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

Good morning. Here’s what’s happening:Prices: Positive events spurred a crypto market boost and altcoin rally, although the subsequent corrections were to be expected, a crypto fund manager said. BTC is holding comfortably above $30K.Insights: The robust influx into Toronto's Purpose Bitcoin ETF indicates a high retail demand for such products, signaling promise for U.S. companies…

You’d expect big-name traders to ensure high levels of security and steps in place to protect against phishing attacks and hacks, both of which plague the crypto ecosystem.But not Alameda Research. The beleaguered Sam Bankman-Fried run trading company lost at least $200 million to a variety of common attack vectors that run amok in the

R3's Mike Hearn, image from CoinDesk archivesEnterprise software vendor R3 has won a patent for a blockchain-based record system designed to make corporate information-sharing more efficient.Awarded Tuesday by the U.S. Patent and Trademark Office, the patent describes a "system and method for managing transactions in dynamic digital documents" that would provide companies with a shared…

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.

Good morning. Here’s what’s happening:Prices: Regulatory clarity is required for bitcoin to push past $30,000.Insights: Crypto options traders are betting against price turbulence, and BTC is unlikely to get a bullish catalyst.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily…

news Blockchain-based mobile voting platform Voatz has raised $7 million in a Series A round led by Overstock’s Medici Ventures and Techstars. Urban Innovation Fund and Oakhouse Partners also participated in the funding, according to an announcement provided to CoinDesk Thursday. Voatz said it will use the investment to develop the accessibility and usability of its…

Unveiling his 2024 price target, 10X Research's Markus Thielen expects bitcoin (BTC) to rally about 65% from current levels to hit $70,000 by the end of the year.“Supported by the macro environment, monetary tailwinds, the U.S. election cycle, and gradually increasing demand from TradFi investors allocating to bitcoin ETFs, a bitcoin rally to $70,000 appears

Sep 15, 2020 at 07:55 UTCUpdated Sep 15, 2020 at 07:57 UTCBinance CEO Changpeng Zhao (CoinDesk archives) Japanese Crypto Exchange Accuses Binance of Helping Launder $9M From 2018 HackA Japanese cryptocurrency exchange that suffered from a $60 million hack in 2018 is suing Binance for “aiding and abetting” the laundering of some of the stolen…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin continued its subdued start to the week, having traded below $26,000 for the past 24 hours. BTC held between $25,500 and $25,750 during the Asian