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Market Wrap: Bitcoin Rises to $35.8K, Ether Hits New High and DeFi Crosses $28B Locked

Market Wrap: Bitcoin Rises to $35.8K, Ether Hits New High and DeFi Crosses $28B Locked

The last time bitcoin’s closing price was under $30,000 was Jan. 1, according to CoinDesk 20 data.

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ETH price hits new all-time high above $1,500 days after previous record

The price of ETH, the native cryptocurrency of the Ethereum network, hit a new all-time high on Tuesday.

The post ETH price hits new all-time high above $1,500 days after previous record appeared first on The Block.

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Crypto asset manager 21Shares is launching an exchange-traded product for Polkadot’s token

Cryptocurrency asset manager 21Shares, formerly known as Amun, is launching Polkadot exchange-traded product (ETP).

The post Crypto asset manager 21Shares is launching an exchange-traded product for Polkadot’s token appeared first on The Block.

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Is This the End of the Reddit Retail Investor Dream?

As GME plummets and traditional financial media turns its attention elsewhere, where does the retail trading insurgency go from here?

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Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs

Buying in these stablecoins may foretell where the crypto market is going.

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Bitcoin Miners Saw Revenue Rise 62% in January From December

Miners earned over $1.1 billion in January.

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The path to a bitcoin ETF, according to a data exec from one of the world’s biggest stock exchanges

Cboe is a Wall Street powerhouse.  On a typical trading day, the exchange operator handles about a third of U.S. equity volumes. In derivatives, major Wall Street products such as the VIX and S&P 500 options trade hands every day through its venue.  Cboe is now trying its hand at the crypto market — again, […]

The post The path to a bitcoin ETF, according to a data exec from one of the world’s biggest stock exchanges appeared first on The Block.

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A Big Year for Decentralized Identity and Infrastructure

The World Economic Forum’s head of blockchain highlights four trends to look out for in the year ahead.

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California Pension Fund Loaded Up on RIOT Shares During Bitcoin’s Q4 Rally

The largest public pension in the U.S. bought more RIOT shares for the first time since 2017.

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Two former Coinbase employees are building a DeFi lending protocol for emerging markets

A pair of former Coinbase employees are launching a new protocol that aims to advance one of DeFi’s primary use cases — decentralized lending — in the world’s emerging markets.

The post Two former Coinbase employees are building a DeFi lending protocol for emerging markets appeared first on The Block.

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