The Latest News about Cryptocurrency

Find the latest, and the most interesting, cryptocurrency news collected from around the net.

Jill Carlson: Crypto and Fintech Share Goals: They Should Talk
On one team, cryptocurrency entrepreneurs are taking a first-principles approach, starting with completely new assets and new infrastructure in order to get "Programmable money." On another team, fintech builders are tackling the problem by building around the systems that already exist: Simple APIs will grant us "Autonomous finance." Both approaches promise a new day for the retail experience of finance, but they are taking very different paths to get there.
Casa Rolls Out 'Bank-to-Wallet' Bitcoin-Buying Services for US Customers
Oct 29, 2020 at 15:00 UTCUpdated Oct 29, 2020 at 16:02 UTC.Cryptocurrency custody platform Casa's users can now purchase bitcoin on the platform using their bank account.
Up or down? These Bitcoin price levels hint at the next move from $13K
Bitcoin price has had a tremendous month as the price rallied from $10,500 to $13,800.
CZ: Why the Days of Centralized Exchanges Are Numbered
DeFi is booming, and today the market is filled with all kinds of borrowing and lending protocols, many of which compete with one another on the basis of providing users with meteoric yields.
Huobi Beefs Up Venture Arm With Former DragonFly Partner Leading DeFi Investments
Oct 29, 2020 at 14:00 UTC.Alex Pack, a former managing partner at crypto investment firm Dragonfly Capital, has joined Huobi Group as a corporate investment advisor to help the firm behind the world's top centralized exchange by derivatives trading volumes to invest in decentralized finance, of DeFi."When I left DragonFly earlier this year, Huobi was also ramping up its internationalization efforts and its corporate investment practice," Pack told CoinDesk in an interview.
Iran Amends Law to Allow Imports to Be Funded With Cryptocurrency
Oct 29, 2020 at 13:52 UTCUpdated Oct 29, 2020 at 14:57 UTC.Strapped for international currencies, Iran is turning to cryptocurrency to allow imports to continue to flow.
Trump or Biden? Bitcoin wins regardless of US election
Whether it is a Democratic sweep led by Joe Biden or a Donald Trump reelection, Bitcoin would likely thrive.
New York's Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks
Oct 29, 2020 at 13:30 UTC.New York state's financial regulator is urging firms to pay closer attention to financial risks associated with climate change.
Blockchain Firm Figment Raises $2.5M in Funding Round Led by Bonfire Ventures
Oct 29, 2020 at 13:06 UTCUpdated Oct 29, 2020 at 15:01 UTC.Canada-based blockchain infrastructure provider Figment has completed another multi-million dollar funding round.
Fidelity Investments' crypto arm expands custody to Asia
Asian Bitcoin investors now have a new custody option.
First Mover: Bitcoin Falls as COVID-19 Surges, ECB's Lagarde Steps Up, US GDP Hits 33%
Cryptocurrency analysts looked for solace in bitcoin's October-to-date return, still at an impressive 22%, during a month when the Standard & Poor's 500 Index of U.S. stocks has declined by 2.7%."The sell-off in equities and gold due to rising COVID infections and restrictive lockdowns had only a limited impact on the digital asset," Lennard Neo, head of research for the cryptocurrency-focused firm Stack Funds, wrote Thursday in a report.
Binance exchange partner Simplex to roll out Tether to euro offramp
Over 200 firms in Simplex's network can enable euro cashouts from Tether.
Finance Redefined: The curious case of Harvest Finance, Oct. 21-28
Harvest Finance collected as much as $1 billion in total value locked before an "Economic exploit" sent it tumbling down.
U.S. megafund Fidelity targets Asian family offices wanting Bitcoin
US-based Fidelity Investments, a trillion-dollar fund manager with a deep interest in the cryptocurrency market, is targeting rich Asian investors by way of a new partnership with a fund in Singapore, financial publication Bloomberg reported Thursday.
Fidelity Digital Assets Expands Crypto Custody Service to Asia
Oct 29, 2020 at 12:04 UTCUpdated Oct 29, 2020 at 15:52 UTC.The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia.A new partnership will bring Stack's regional clients access to the secure custody services provided by Fidelity Digital Assets, according to a Bloomberg report Thursday.
Winklevoss' Gemini exchange to count crypto taxes in real time
TaxBit's tool will allow Gemini customers to increase their tax refund.
Visa powers one more crypto card amid ongoing antitrust charges
The latest in a series of ongoing antitrust charges and investigations on corporate giants is the one being considered by the U.S. Department of Justice against Visa.
Will they or won't they? Central banks eye each other's digital currency moves
Canada doesn't want any "Surprises" regarding central bank digital currencies.
Voyager Digital Revenue Rises Over 1,000% on Increased Crypto Adoption
Oct 29, 2020 at 10:55 UTCUpdated Oct 29, 2020 at 16:00 UTC.Publicly traded digital-asset brokerage Voyager Digital registered four-digit revenue growth in the fiscal year ended June 30, 2020.In an announcement Thursday, the Canada-based firm said revenue rose to roughly $1.1 million, marking a 1,159% rise from the previous fiscal year's tally of $87,318.
Gold drops to 7oz per BTC as Peter Schiff calls Bitcoin 'biggest bubble'
Bitcoin hit seven ounces of gold for the first time in over a year this week as the precious metal comes off all-time highs.
Bank of Canada Governor Says Digital Dollar Project Moving Past Trial Stage
Oct 29, 2020 at 10:13 UTCUpdated Oct 29, 2020 at 16:10 UTC.The chief of Canada's central bank has said its national digital currency initiative is progressing past the experimental phase.
Cred officially confirms suspension of fund inflows and outflows
Cred, a United States-based cryptocurrency lending service, has officially announced the temporary suspension of operations due to an ongoing investigation.
Bitcoin's Options Market Sees Just 6% Chance of $20K Before Year's End
Oct 29, 2020 at 10:00 UTC.While bitcoin's rally over the past month has revived talks of its price reaching new record highs above $20,000 by the end of the year, the cryptocurrency's options market continues to assign a very low probability of that scenario playing out.
Chainlink oracles to bolster AML measures for Coinfirm's DeFi solution
London-based Coinfirm will now utilize Chainlink's market-leading oracle service to provide anti-money laundering tools for DeFi projects, it said in a release Wednesday.
FTX Launches Bitcoin Pairs for Top Stocks Like Amazon, Apple and Tesla
Oct 29, 2020 at 09:30 UTCUpdated Oct 29, 2020 at 16:17 UTC.Crypto derivatives exchange FTX has launched a novel way to trade the world's most popular stocks.
Tesla meets crypto as FTX launches fractionalized stock trading
The innovative cryptocurrency futures exchange FTX has launched fractionalized trading in stock derivatives.
Circle CEO Jeremy Allaire seems to already be using PayPal to buy Bitcoin
The CEO tweeted a screenshot of an apparent $100 purchase of Bitcoin using the service well ahead of its official rollout date.
Bitcoin fundamentals drop may delay $14K
Bitcoin could see further downward price pressure this week as network difficulty is set to drop the most in five months.
Australia's first crypto-friendly IPO will accept Tether
An Aussie company operating an aquaculture farm in Malaysia is conducting the first initial public offering to accept crypto assets in Australia.
DeFi needs more fixed-rate lending protocols: Messari researcher
DeFi lending protocols have attracted billions of dollars in liquidity provision by offering huge returns, however the sector badly needs more fixed rate lending options according to one researcher.
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