Bitcoin Dominance Rate Hits 50% For First Time in 2018

Venture studio Thesis is announcing Mezo, a bitcoin layer 2 network, out of stealth.Mezo closed a $21 million fundraising led by Pantera Capital.The blockchain allows bitcoin owners to hold their tokens while earning yield.00:36Bitcoin Will 'Definitely' Reach $100K in Current Cycle, Bitget Exec Says01:58Bitcoin Price Shot Past $71K; Do Kwon and Terraform Labs Liable for

Oct 2, 2020 at 05:46 UTCUpdated Oct 2, 2020 at 05:59 UTCDonald Trump in 2016(Mark Makela/Getty Images)The cryptocurrency and Asian stock markets sold off early Friday after U.S. President Donald Trump announced he and his wife had tested positive to COVID-19.In a tweet on Friday, Trump said he and First Lady Melania Trump had tested…

This week’s launch of the ProShares Bitcoin Strategy Exchange-Traded Fund (stock ticker BITO) may have aided the cryptocurrency’s recent price surge to an all-time high, though the perception of bitcoin as an inflation hedge over gold is probably a bigger factor, a JPMorgan strategist wrote Thursday.In its first two days of trading, BITO amassed assets…

MicroStrategy Orange will provide "trustless, tamper-proof and long-lived" decentralized identities using the Bitcoin blockchain, founder Michael Saylor said.The company pitched itself as a "bitcoin development company" earlier this year, saying it would work on development of the Bitcoin network through financial markets, advocacy and innovation.MicroStrategy (MSTR), the largest corporate holder of bitcoin, unveiled plans to

Apr 23, 2020 at 17:29 UTCUpdated Apr 23, 2020 at 17:37 UTCImmunity passes may feature a QR code, or PDF, that could be scanned or reviewed on your smartphone. (Credit: Unsplash)As governments look to lift restrictive measures put in place for the coronavirus, one genre of proposals is to give people who have recovered from…

Jun 24, 2020 at 19:00 UTCUpdated Jun 24, 2020 at 19:03 UTC(Nataletado/Shutterstock)Bull vs. Bear: Who Has the Economy Right?From markets to real estate to the dollar to retail, the data on whether the economy is recovering or not is hella confused. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe…

Dec 14, 2020 at 6:43 p.m. UTCUpdated Dec 14, 2020 at 7:01 p.m. UTCBloccelerate VC Raises $12M Fund to Bet on Enterprise Blockchain AdoptionSeattle-based venture capital firm Bloccelerate closed a $12 million fund on Nov. 30 to bet on both enterprise blockchain adoption and Ethereum-based financial applications.The firm’s general partners, Kate Mitselmakher and Sam Yilmaz,…

Feb 10, 2020 at 15:00 UTCUpdated Feb 10, 2020 at 15:29 UTCCity of London. Credit: ShutterstockA London-based startup says it wants to become the "first digital assets merchant bank" in the U.K.According to its website, DAG Global aims to "deliver next-generation merchant banking solutions to the underserved fintech, digital and SME sector." That is, however,…

MicroStrategy is hosting a two-day “Bitcoin for Corporations” event. Here’s what to watch for. This episode is sponsored by Nexo.io.Today on the Brief:An update on Ant and Jack MaBezos stepping down as CEO of Amazon Miami’s play to become a crypto hubOur main discussion: MicroStrategy’s “Bitcoin for Corporations” event Michael Saylor and MicroStrategy opened a…