As bitcoin continues surging toward record highs, bitcoin mining companies ride its coattails. Shares of the publicly traded bitcoin mining company Riot Blockchain rose 50% this week, trading hands…
Category: Altcoin
Altcoin
Market Wrap: Bitcoin Hits $18.8K as Total Crypto Locked in DeFi Passes $14B – CoinDesk
The price of bitcoin hit new 2020 highs as the “alternative to gold” narrative increases. Meanwhile, smaller crypto tokens might be helping push DeFi to new heights. Bitcoin (BTC)…
CBDCs Have Global Implications on Privacy, Politics – CoinDesk
Central bank digital currencies (CBDCs) can have broad implications for the global balance of power in both finance and politics, but the optimal scenarios for adoption have yet to…
10 Metrics Where Bitcoin Has Already Hit New All-Time Highs – CoinDesk
While we haven’t achieved the elusive $20,000 spot price all-time high yet, these other metrics show where bitcoin has grown far beyond previous peaks. In this piece, NLW goes…
US Taps Circle’s USDC for ‘Foreign Policy’ Goals in Venezuela – CoinDesk
Payments startup Circle is getting political. The stablecoin issuer is working with the U.S. government to bypass Nicolás Maduro and support the Bolivarian Republic of Venezuela led by Juan…
Chainalysis Sees Raising $100M in Venture Capital at $1B Valuation: Report – CoinDesk
Cryptocurrency investigation firm Chainalysis expects to raise $100 million venture capital at a $1 billion valuation as early as next week, the company told Forbes. The Series C is…
MicroStrategy Wants to Be in the Bitcoin Business, Not Just an Investor – CoinDesk
MicroStrategy executives are on the hunt for blockchain experts who could help the publicly traded firm build a suite of bitcoin data services. Exactly what those services might be,…
Blockchain Bites: BlockRock Exec Says Bitcoin Is ‘Here to Stay,’ Investors Load Into BTC Puts – CoinDesk
Major bitcoin miners are signaling their support for the network’s Taproot upgrade. Institutional buyers are loading up on BTC puts, Deribit analysts say. Goldman Sachs thinks the “digital yuan”…
Michael Casey: Bitcoin Is the Biggest Big Short – CoinDesk
Short-sellers, who make money when the price of a targeted financial instrument declines, aren’t always popular with corporate or government leaders. Those on the receiving end of contrarian bets…
First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18K – CoinDesk
Bitcoin reached fresh 35-month highs above $18,400 during the European trading hours. The cryptocurrency has failed to keep gains above $18,000 in the previous two trading days. It will…