Bitcoin’s Price Snaps Longest Monthly Losing Streak Since 2016
Bitcoin’s price rallied 21 percent over the course of July, snapping its first two-month losing streak since 2016.
Related Posts
ARK Amends Spot Bitcoin ETF Filing to Include Surveillance Sharing, Similar to BlackRock
Cathie Wood's ARK Invest has amended its filing for a spot bitcoin (BTC) exchange-traded fund (ETF) to include a surveillance-sharing agreement, similar to that of BlackRock (BLK).The agreement would be between the Cboe BZX Exchange, on which the ETF would be listed, and a U.S.-based spot BTC trading platform, according to ARK's amended 19b-4 filing.Surveillance-sharing…
Robinhood Raises $3.4B Amid Growth Surge
The round is the stock trading app's largest raise ever.Feb 1, 2021 at 6:09 p.m. UTCUpdated Feb 1, 2021 at 6:26 p.m. UTCRobinhood Raises $3.4B Amid Growth SurgeRobinhood has raised $3.4 billion total from investors since Jan. 29, infusing the stock trading app with record-setting finances as it races to scale amid recent market tumult.Existing…
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
Meld plans to offer lending and borrowing against real-world assets in partnership with DeFi platform Swarm.Swarm, which is licensed with the financial German regulator, set up an RWA trading platform in December last year.Meld has a VASP license in Lithuania.00:52Why Injective's INJ Has Surged 3,000% in 202301:11DeFi Market Rebounds to $50B as Speculators Hunt for
Bitcoin Bulls Buoyed by Report of FTX’s $1B GBTC Sale
At least partly to blame for bitcoin's (BTC) poor price performance since the Jan. 11 debut of U.S.-based spot ETFs are sizable sales of bitcoin from the mammoth Grayscale Bitcoin Trust (GBTC). According to the Grayscale website, GBTC held roughly 567,000 bitcoin as of Jan. 19, down from just shy of 620,000 prior to Jan.
South Korean Central Bank to Organize a CDBC Task Force
Dec 27, 2019 at 17:15 UTCSouth Korea’s central bank is organizing a task force to research central bank digital currencies (CDBCs). Announced in a Dec. 26 report titled "Monetary Policy for 2020,” the Bank of Korea will hire experts to study the effects of distributed ledgers, cryptocurrencies and CBDCs on financial settlements and security. The group…
You Can Now ‘Spedn’ Bitcoin at GameStop, Barnes & Noble and More
news On Monday, the payment processing startup Flexa announced the release of its new custodial crypto wallet SPEDN, which allows users to spend bitcoin, ethereum, bitcoin cash or GUSD at a variety of brick-and-mortar retailers. Although the merchants receive fiat in the end, the partnership enables new possibilities for people looking to spend crypto as…
Binance May Consider Pushing for Bitcoin Rollback Following $40 Million Hack
news UPDATE: After this article was published, Zhao said in a follow-up tweet that after speaking with various parties, the exchange decided it will not pursue the rollback approach. Crypto exchange Binance founder and CEO Changpeng Zhao said the team is deciding on whether it will push for a rollback on the bitcoin network following…
WATCH: Lukka CEO Believes in a Future Full of Corporate Tokens
news Jake Benson is a long-time industry entrepreneur and the CEO and Founder of Lukka, a comprehensive tool for calculating capital gains taxes for cryptocurrency. In this clip he and CoinDesk Editor Pete Rizzo talk about a future where corporate tokens aren’t a “surprise.” “It’s not a surprise to me that inevitably corporations they’re going…