Ethereum Classic Tops $2 Billion to Set 3-Month Price High
The price of ether classic, the cryptocurrency that powers ethereum classic, is on the rise at press time amid news of major exchange listings.
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NYDFS: Why We Rejected Bittrex’s Application for a BitLicense
opinion UPDATE (April 18 20:30 UTC): This article has been updated to include a response from Bittrex at the bottom. Shirin Emami is the executive deputy superintendent for banking at the New York State Department of Financial Services. Bittrex purportedly aims to get the facts straight about the denial of its license applications by the New…

Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3
Bitcoin ETFs saw outflows of $242.6 million on Tuesday amid escalating tensions in the Middle East. BTC fell to a low of $60,300, erasing almost all of its gains since the Fed's rate cut last month. Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. saw outflows of $242.6 million on Tuesday in their worst day

Meme Coins Going Legit Is the Worst Thing for Meme Coins
When Elon Musk semi-ironically endorsed dogecoin during the last bull run, most people saw it as a joke: a high-profile business guy playing with the funny money. Nobody is laughing anymore. These days, there are real institutions — from the Avalanche Foundation to Franklin Templeton — willing to say that meme coins are a legitimate

President Biden Thanks Nigerian President for Binance Exec’s Release: White House
President Joe Biden made a call to the Nigerian president on Tuesday to share his thanks for the release of detained Binance executive Tigran Gambaryan. Biden also spoke of the agreement between the nations to cooperate on law-enforcement matters, including illicit financial and cryptocurrency issues. U.S. President Joe Biden called Bola Tinubu, the President of

Ethereum Fees Plummeted 65% in October as DeFi Volumes Fell Back to Earth
Nov 3, 2020 at 16:18 UTCUpdated Nov 3, 2020 at 16:40 UTC(SunnyGraph/Shutterstock)Miners’ income from processing transactions on the Ethereum blockchain more than halved in October as the mania for decentralized finance (DeFi) cooled.Ethereum users paid $57.49 million in transaction fees in October – down 65% from September's record monthly tally of $166.39 million, according to…

Examining dYdX’s Path to Profitable DeFi
If you were in New York last week for the Mainnet conference and asked anyone you met to name the most admired companies in the cryptocurrency category, they’d likely mention an exchange. If you took a 10-minute cab ride to Wall Street and asked the same question about traditional finance, the answer would probably be

Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool
Sep 23, 2020 at 13:30 UTCPresident Nicolas Maduro (StringerAL/Shutterstock)Venezuela’s government has given cryptocurrency miners mixed news this week. Firstly, the government department responsible for regulating cryptos has legalized the mining industry, local industry news site CriptoNoticias reported Tuesday.The new decree was published in the Official Gazette on Monday and authorized by by Joselit Ramirez, head…
First Mover Americas: Bitcoin Falls Below $67K as ETFs’ Inflows Streak Ends
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest Prices(CoinDesk)Top StoriesBitcoin fell below $67,000 during the European morning, extending a drop from $72,000 that commenced on Friday. The decline follows $65 million in cumulative outflows from