Interest from Wall Street in Bitcoin is growing, having tripled since the beginning of the year, DA Davidson’s analyst said. Analyst Christopher Brendler estimates that three times as many Wall Street brokers that cover the payments sector are taking bitcoin seriously now than in January. DA Davidson recently started researching the industry and is bullish on BTC miners in the…
Smart contract ecosystem Near Protocol has earmarked $800 million for new funding initiatives aimed at growing its decentralized finance capabilities, offering the latest evidence that the highly lucrative DeFi market is still in its infancy. The new funding, which includes the $350 million grants program announced by Proximity Labs last week, gives ecosystem developers added incentive to create new product…
In brief Solana (SOL) hit an all-time high price above $219 today, per CoinGecko. Last months network outage apparently slowed Solanas momentum after a massive price increase in August. Solanas late summer surge was interrupted by Septembers network outage, which appeared to slow the smart contract platforms upward momentum. But with the overall crypto market on the rise, Solana is…
Bitcoin (BTC) price hurtled towards $64,000 in a fresh round of bullishness on Oct. 25 as the market left a weak weekend behind. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin daily gains near 7% Data from Cointelegraph Markets Pro and TradingViewconfirmed solid 6.5% gains for BTC/USD in the past 24 hours to 4pm UTC Monday. The pair erased its…
In brief The price of Bitcoin hit an all-time high last week before dipping again on Friday. But today it is racing upwards againup 6% in the past 24 hours. Bitcoin is climbing againup 6% in 24 hoursafter having slowed down with its monumental climb last week. At the time of writing, it was trading at $63,609.41, according to CoinGecko.…
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project has privacy advocates reeling and whistleblower Edward Snowden slammed the…
About the author Nathan Tankus is Research Director at the Modern Money Network and writes the newsletter Notes on the Crises. He has also written for the Financial Times, Business Insider, The Guardian, The Appeal, The American Prospect and JSTOR Daily. The views expressed here are his own and do not necessarily represent those of Decrypt. Editor’s note: A longer,…
Crypterium, a self-described fintech startup that aims to bridge the gap between the crypto and traditional economies, has been registered with the Financial Conduct Authority (FCA). Becoming an FCA-registered firm is a fantastic opportunity. From now on, interested parties will view Crypterium in a new light, a company that puts user security and accessibility first, said Crypterium CEO Steven Parker…
By Coinbase Security Team As a part of our mission to build a safe and open financial system, we actively monitor for any security threats not only to Coinbase but to the crypto ecosystem as a whole. As we have discussed in our previous blog post on industry-wide crypto security threats, malicious threats against any crypto user or business are bad…
The biggest regulatory story of the week, if not the year, has been the United States Security and Exchange Commissions lack of opposition to the launch of the first-ever Bitcoin (BTC) exchange-traded funds, which tookeight long years to materialize. While the first ETFs are tracking CME-traded Bitcoin futures rather than the assets spot price, the crypto space is already anticipating…
