California Is Open to Allowing Crypto Political Donations

The CoinDesk Market Index of 183 assets – a broad-based indicator of crypto market sentiment – is down 1.4% for the last week. But that is just a blip in its 60.1% growth year to date.Let’s take a look at the bigger picture of the top-10 and bottom-10 assets based on their performance month on…

Bitcoin prices dropped nearly 4% in the last 24 hours, moving from $72,500 to just above $69,000, with the overall crypto market cap decreasing by 5.5%. The Fear and Greed Index indicated "extreme greed" on Thursday, potentially signaling a market top. By Friday, the index showed "greed," suggesting further price corrections might occur. Nearly 90%

Alert readers of The Protocol will remember our smart feature last month on the concept of “restaking” on Ethereum – essentially a way of sharing the blockchain’s security among other protocols and networks. For today’s issue, our Margaux Nijkerk sat down for an interview with Sreeram Kannan, the University of Washington computing professor who now

news Cryptocurrency exchange Bitfinex has raised $1 billion through its native token in a private sale, according to its chief technology officer. Paolo Ardoino‏ tweeted Monday that Bitfinex has achieved the target in just 10 days, with participation from “giant” firms from both within the cryptocurrency industry and outside. Some of the investors, which were…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Bitcoin mining firm Sphere 3D (ANY) is suing its business partner Gryphon Digital Mining for losing…

Jul 3, 2020 at 17:11 UTCUpdated Jul 3, 2020 at 17:15 UTCFormer U.S. Treasury Secretary Lawrence SummersFormer US Treasury Secretary Larry Summers Expects ‘A Ton of Innovation’ Around StablecoinsFormer U.S. Treasury Secretary Lawrence Summers praised stablecoins, but said he would be surprised if a global digital currency became a reality in his lifetime. During a…

As expected, the Federal Open Market Committee of the U.S. Federal Reserve Wednesday held its benchmark fed funds rate range at 5.25%-5.50%, but its economic outlook now calls for just one 25 basis point rate cut this year."In recent months, there has been modest further progress toward the Committee's 2 percent inflation objective," said the

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.ARK Invest bought COIN low and sold it high this week.On Tuesday, Cathie Wood’s fund sold 160,887 shares of COIN for $13.5 million when the…

Paxos, the startup behind the Paxos Standard (PAX) stablecoin, said it has so far issued a total of $50 million-worth of the U.S. dollar-pegged cryptocurrency since its official launch last month. Dorothy Jean Chang, vice president of marketing and communications for Paxos, announced in a tweet on Monday that in the month since the company rolled…