Ethereum is struggling to keep the interest of investors and developers, having fallen out of step in an industry transformed by the embrace of Donald Trump
Bloomberg :
A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX
Ripple Co-Founder Jed McCaleb Is Betting $1 Billion To Replace The International Space Station Jason Nelson / Decrypt : Ripple, Mt. Gox Founder Bets $1 Billion That He Can Replace ...
A profile of Jed McCaleb, the billionaire who was behind Mt. Gox and XRP, as his aerospace startup Vast looks to build a private space station with SpaceX
Crafting and launching a space station that can keep humans alive comfortably in orbit is no easy feat. — Jed McCaleb made a fortune in cryptocurrency.
Singapore issued 13 crypto licenses in 2024, pulling ahead of Hong Kong, where authorities have been more cautious, in the race to become a regional crypto hub
- Both cities have tried to attract crypto firms to their shores — Hong Kong authorities have been cautious handing out permits
Kaiko: the share of BTC-USD trades in US market hours has now climbed to ~53% from 40% in 2021, with crypto liquidity back at levels seen before FTX's collapse
- Bitcoin trading versus dollar is more concentrated in US hours — Open interest in CME futures for Bitcoin, Ether scaled records
Bitcoin's 2024 price rally masks a bleaker picture in the wider crypto industry, with crypto VC investment remaining a far way off the 2021 bull market and more
On Wednesday, crypto exchange Kraken announced job cuts … Toby Lewis : Great to be featured in Bloomberg commenting on the rising Bitcoin price. Anna Irrera is right to point out ...
Bitcoin's 2024 price rally masks a bleaker picture in the wider crypto industry, with crypto VC investment remaining a far way off the 2021 bull market and more
On Wednesday, crypto exchange Kraken announced job cuts … Toby Lewis : Great to be featured in Bloomberg commenting on the rising Bitcoin price. Anna Irrera is right to point out ...
Six months after the bitcoin halving, some miners hold their bitcoin, while others spend more on developing AI data centers and see the largest stock gains
- Shares of firms keeping tokens they mint are lagging Bitcoin — Best performers are spending on developing AI data centers
BNY Mellon and other large custodial banks are interested in crypto custody but are hindered by US SEC rule SAB 121, which establishes accounting standards
Bloomberg :
Some of the largest custodial banks are interested in crypto custody but are hindered by the SEC rule SAB 121, which establishes accounting standards
- Coinbase, BitGo have been among the dominant service providers — SEC rule seen making it impractical for banks to do custody
South Korea unveils a monitoring system to find crypto exchange accounts linked to “suspected” trading activity, as a new law takes effect on July 19
Bloomberg :
Kaiko: the proportion of bitcoin traded over weekends has fallen to 16% in 2024 so far, down from a 28% high in 2019, a trend likely accelerated by bitcoin ETFs
Benjamin Taubman / Bloomberg :
Kaiko: the proportion of Bitcoin traded over weekends has fallen to 16% in 2024 so far, down from 28% in 2019, a trend likely accelerated by Bitcoin ETFs launch
- Weekend trading drops to 16% of total volume, Kaiko says — ETFs, dwindling volatility lessen appeal, researcher says
DefiLlama: crypto startup funding has crossed $100B since 2014; The Block Research: Coinbase Ventures has made 443 investments or ~4% of all deals since 2017
- Investment picked up amid a rebound in the crypto market — Tokens from startups are a potential bright spot for exits X: @crypto and @ryanjamesweeks X: @crypto : Crypto startups...
A look at OP_CAT, the front-runner in Bitcoin's software upgrade debate that could add new features, from better coin custody to DeFi apps common on ETH and SOL
Olga Kharif / Bloomberg : X: @crypto , @cryptobitsbtc , @base_gpt , and @avatrdapp X: @crypto : Bitcoin blockchain's reputation as a network that mainly supports digital gold may ...
April's Bitcoin halving will slash revenue for miners, who will likely move from the US to lower-cost countries like Ethiopia, Tanzania, Paraguay, and Uruguay
April's Bitcoin halving will slash revenue for miners, who will likely move from the US to lower-cost countries like Ethiopia, Tanzania, Paraguay, and Uruguay
- Outdated machines may be profitable in low-cost energy areas — Ethiopia, Paraguay among countries becoming mining ‘players’
DappRadar: monthly NFT trading volume fell 81% between January 2022 and July 2023, while monthly NFT sales dropped 61%; bitcoin is up nearly 55% in 2023
When you look at the charts, “everything is down.” — NFTs first crossed Daniel Maegaard's radar in 2018.
Unpacking Coinbase's flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can't apply to crypto”
Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.