Bitcoin News Roundup for April 9, 2020

Oct 20, 2020 at 11:21 UTCUpdated Oct 20, 2020 at 11:23 UTCBitcoin prices Oct. 20(CoinDesk BPI)Bitcoin is on the rise toward $12,000, but may face a stiff challenge to cross the price hurdle. The leading cryptocurrency by market value is currently trading near $11,900, a 1.2% gain on the day. Prices broke out of a…

Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin (FIL) Trust product, the asset manager revealed Wednesday.Grayscale said in a press release that it had received a comment letter…

Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), is updating the trust’s agreement for the first time since 2018, according to a filing on Wednesday.The aim is to optimize GBTC’s structure for an anticipated uplisting to a spot bitcoin exchange-traded fund (ETF) and level the playing field when it comes to other applicants such

Kraken announced that PoliFi tokens BODEN and TREMP are now available on its Kraken Pro platform, making it the first U.S. exchange to list the PoliFi themed tokens.BODEN appeared to be the winner, up 10% versus 5% for TREMP.Kraken announced today that it has listed the PoliFi tokens BODEN and TREMP on its Kraken Pro

Jun 5, 2020 at 11:53 UTCUpdated Jun 5, 2020 at 11:59 UTCFirst Mover: Bloomberg’s Pie-in-the-Sky Bitcoin Call Looks Directionally DefensibleBased on a slew of recent predictions, bitcoin prices could more than double this year to $20,000. Or go to $250,000 by early 2023. Or $300,000 within five years. What’s confounding cryptocurrency traders now is the wide gap between…

Brandy covers crypto-related venture capital deals for CoinDesk. Hamilton Lane (HLNE), an investment-management firm with $824 billion in assets under management and supervision, is offering tokenized access to a second fund. The access is provided through a feeder fund from Securitize on the Polygon blockchain.The firm is making a portion of the Senior Credit Opportunities…

May 18, 2020 at 16:48 UTCUpdated May 18, 2020 at 17:36 UTCCredit: Stephane YAICH on UnsplashBlockchain Bites: a16z’s Cyclic Crypto Thinking and Grin’s Grim OutlookFalconX raised an inflation-adjusted equivalent to Facebook's 2005 Series A, Bakkt has unveiled $600 million in total insurance cover and Andressen Horowitz anticipates another age of growth. Crypto trading platform FalconX…

An engaged NFT community that holds the original ‘doge’ meme is working with local governments to install an actual statue that pays homage to Kabuso, the dog that inspired the meme.The statue will be unveiled on Nov. 2 in Sakura, Japan, on Kabuso’s birthday in collaboration with the City of Sakura, community members told CoinDesk.

A beach on Efate Island, Vanuatu (Shutterstock)Oxfam Ireland, a Belfast-based charity fighting global poverty, has received a €1 million ($1.1 million) grant to fund the next phase of a blockchain aid distribution project. Oxfam is piloting the Ethereum-based platform with Ethereum venture studio ConsenSys and Australian tech firm Sempo in the South Pacific Ocean nation…