Bulls Get Relief as Bitcoin Price Beats $6.5K Resistance

news Longtime bitcoin advocate Bruce Fenton has created a new broker-dealer for digital asset firms and financial advisors called Watchdog Capital. The firm is registered with the U.S. Securities and Exchange Commission and a member of the Financial Industry Regulatory Authority, public filings show. It’s a subsidiary of digital securities firm Chainstone Labs, also led…

Decentralized finance (DeFi) lending protocol MakerDAO’s community has voted to ditch $500 million Paxos Dollar (USDP) stablecoin from its reserves, impacting half of the token’s supply.Voters unanimously favored to decrease the debt ceiling for USDP to zero from $500 million, according to a vote concluded Thursday.The decision has a significant impact on embattled stablecoin issuer…

Sale of the Century: The Inside Story of Ethereum’s 2014 PremineThe following is excerpted from Camila Russo’s “The Infinite Machine,” an in-depth history of Ethereum, which goes on sale July 14. The sale started on July 22 at midnight in Switzerland. The website they put together for the sale had a real-time counter of the…

Feb 27, 2020 at 15:25 UTCUpdated Feb 27, 2020 at 15:43 UTCRed Swan CEO Ed Nwokedi. (Credit: Red Swan)Commercial real estate marketplace Red Swan has tokenized $2.2 billion in real estate through security token platform Polymath. According to Red Swan CEO Ed Nwokedi, $780 million of that is available to investors in pre-sale, while the company…

First Mover: Crypto.com’s Chain Token Dominated Markets in June With 33% GainCredit-card lender and wallet provider Crypto.com’s Chain (CRO) token surged 33% in June, dominating digital-asset markets as bitcoin, ether and XRP from Ripple all declined. The CRO token’s gains made it the top performer during the month among digital assets with a market value of…

Aug 11, 2020 at 12:32 UTCUpdated Aug 11, 2020 at 12:33 UTCCEO Michael J. Saylor said bitcoin is now the "principal holding" in his business intelligence company's revamped treasury reserves strategy. (MicroStrategy/Wikimedia Commons)MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’Publicly traded business intelligence firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring…

news Online lender SoFi announced its crypto trading platform will go live next Tuesday. Bitcoin, ethereum and litecoin will be the first digital assets available to trade on its SoFi Invest platform, CEO Anthony Noto told Fortune in an interview published on Wednesday. With the new platform, SoFi joins a number of digital-first trading firms –…

Ethereum's ether (ETH) has slumped to its lowest price versus bitcoin (BTC) since April 2021 as crypto investors obsess over the expected approval of bitcoin ETFs in the U.S.ETH has lost 43% of its value against BTC since Sept. 7, falling from a price of 0.08566 BTC to 0.0482 BTC. In U.S. dollar terms, ether

Jan 10, 2020 at 15:00 UTCUpdated Jan 10, 2020 at 15:08 UTCCredit: Spunky's Bitcoin Broadcasting/YouTubeA South Korean crypto YouTuber was assaulted at his home, with some suggesting the attackers may have been by upset investors. Kyu-hoon "Spunky" Hwang was beaten in an elevator in his apartment block at around 01:00 local time on Friday, according…