Browsing: CoinDesk

Ether futures volumes on CME slipped in August as bitcoin volumes rose. Globally, there has been a shift from alternative cryptocurrencies and into bitcoin. Exchange-traded funds (ETFs) tied to the ether (ETH) price debuted in the U.S. late July, opening doors for investors seeking exposure to the cryptocurrency while bypassing the hassle of storing it.

Robinhood’s crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California. The California Department of Justice settled its investigation into what Robinhood’s chief lawyer called “historical

A Coinbase (COIN) executive appears to have misspoken – or been imprecise – when she said Vice President Kamala Harris is accepting crypto donations. Harris “is accepting donations,” Coinbase Chief Financial Officer Alesia Haas said at a Citigroup event Wednesday. Fortune first reported that news. “She’s using Coinbase Commerce now to accept crypto for her

The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank’s trigger solution for settlement. The issuance was part of a European Central Bank’s trial to settle central bank money on blockchains. 02:15 Inside Trump’s Crypto Project; Ripple’s Upcoming Stablecoin To Launch in ‘Weeks’: Garlinghouse 01:03 Crypto Saw Lowest Monthly Losses to

Bitcoin, ETH, SOL and other cryptocurrencies modestly reversed their losses from earlier in the day. The Crypto Fear & Greed Index sentiment indicator sank to deep fear levels similar to the lows in early July and August. Investor sentiment is so negative that a “tradable local bottom” could be close, Lekker Capital’s Thompson said. Continuing

A broad weekend selloff in crypto accelerated during Sunday evening U.S. hours, sending bitcoin (BTC) plunging to levels not seen since February and ether (ETH) back to prices not seen since December. Bitcoin is lower by 12% over the past 24 hours and 20% on a week-over-week basis. Now down 21% over the past 24

Bitcoin slumped under $60,000 in early U.S. hours Sunday as a market sell-off continued into its fourth day, with bullish futures bets losing nearly $200 million in the past 24 hours. Ether (ETH) fell under $2,900, retracing all gains from its run to $3,400 in July as spot ETH exchange-traded funds (ETFs) were approved for

Cryptocurrencies sharply tumbled on Wednesday as rising geopolitical risks captivated investors’ attention after the conclusion of the July Federal Reserve meeting. Bitcoin (BTC) dropped to $64,500 from around the $66,500 level where it traded following Federal Reserve Chair Jerome Powell’s press conference, and was down more than 2% over the past 24 hours. Altcoin majors

Last week’s Bitcoin Nashville conference dominated crypto news headlines – largely due to former U.S. President Donald Trump’s campaign speech (and lots of promises) as well as Senator Cynthia Lummis’s call for a national “Bitcoin Strategic Reserve.” (We’ve got the draft legislation .) We wandered around the event for four days while scrambling to cover

A nice thing about watching Olympic swimming is that it’s not too complicated to determine who’s the fastest. Everyone dives into the same pool, there’s some paddling, and at the end of the final lap, one person touches the wall first. The same can’t be said for blockchains, where engineers are always releasing ever more