Why Jay-Z’s Bitcoin Trust Matters

news Coinsource, a Texas-based bitcoin ATM operator, announced a partnership with the Maker Foundation to make the Dai stablecoin available on its machines this summer in preparation for the launch of a full remittance service. Coinsource will be updating all of its 230 machines in 29 US states and the District of Columbia to allow…

Plans by prediction market Kalshi to let users bet on which party will control the chambers of Congress have been turned down by regulators at the Commodity Futures Trading Commission (CFTC).The regulator said the contracts would involve unlawful gaming and activity and would be "contrary to the public interest" after KalshiEx LLC made a submission

German Chancellor Olaf Scholz called for a snap election after the collapse of his three-party coalition government. Scholz wants a vote of confidence to occur by January to bring the federal election forward to March from September. 02:31 Bitcoin Hits Record High as Donald Trump Wins U.S. Election 24:55 Crypto Under a New Administration: Regulatory

Miners earned over $1.1 billion in January. Monthly bitcoin miner revenue since January 2016Feb 2, 2021 at 7:31 p.m. UTCBitcoin Miners Saw Revenue Rise 62% in January From DecemberBitcoin miners generated an estimated $1.1 billion in revenue in January, up 62% from December, according to on-chain data from Coin Metrics analyzed by CoinDesk.The surge in…

An overview of key news, from a new DeFi Index fund for accredited investors to bitcoin shrugging off growing Treasury yields.This episode is sponsored by Nexo.io.Today’s episode of “The Breakdown” analyzes a number of topics across the bitcoin and crypto industry, including:Bitcoin reclaims $50,000 and looks towards a $1 trillion market capTreasury yields rise, hammering…

WazirX has been granted a four month moratorium under certain conditions. The Indian cryptocurrency exchange lost $234 million, some 45% of customers' funds, in a hack in July. A Singapore court has granted Indian cryptocurrency exchange WazirX a four-month moratorium based on certain conditions on Thursday, an industry source told CoinDesk. The conditions imposed on

news The U.S. state of Wyoming has passed several bills aimed to make the state a top destination for cryptocurrency and blockchain businesses. The Wyoming House of Representatives approved bill SF0125 last week, which recognizes digital assets as property and clears the way for banks to act as crypto custodians. The bill passed a House vote 54-2 and…

Feb 18, 2020 at 11:20 UTCUpdated Feb 18, 2020 at 11:24 UTCViewBitcoin is struggling to draw bids despite a confirmed "golden cross" pattern on the daily chart. That, coupled with bearish short duration indicators, suggests scope for a convincing break below the 2020 rising trendline currently near $9,700. That would expose the next support at…

Institutional crypto custodian BitGo is collaborating with CoinDesk Indices to offer custody of the 20 crypto tokens that make up the underlying assets of the CoinDesk 20 Index."We have seen demand for accessing a turnkey broad-based digital asset solution," said Adam Sporn, Head of Prime Brokerage and U.S. Institutional Sales at BitGo, in a press