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Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December

Wrapped Bitcoin ‘Burns’ Outpaced Minting for the First Time in December

BitGo “unwrapped” over 11,600 WBTC last month.

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When Binance IPO? CZ explains how his firm’s ‘path’ forward is different from that of rival Coinbase

Quick Take

  • The world’s largest crypto exchange Binance doesn’t have IPO plans like rival Coinbase, CEO Changpeng “CZ” Zhao told The Block.
  • Binance wants to take a more crypto-native “path” forward, said Zhao, i.e., expanding the utility of its “utility token” BNB. 
  • Zhao said he’s spending most of his time growing the BNB ecosystem. 

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A guide to The Block’s data dashboard

The Block provides an overview of its comprehensive crypto data dashboard, covering markets, DeFi and more.

The post A guide to The Block’s data dashboard appeared first on The Block.

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Long-Desired Bitcoin ETF Could Actually Hurt Price in Short Term: JPMorgan

An ETF could draw institutional money from the Grayscale Bitcoin Trust, a support for the price of the cryptocurrency, the report said.

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December was a record volume month for Ethereum options

Deribit held more than 80% of December’s trading volume for Ethereum options

The post December was a record volume month for Ethereum options appeared first on The Block.

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Bitcoin mining difficulty adjusts to a new record high above 20 trillion

Bitcoin’s mining difficulty sets a new record high in 2021’s first adjustment, following mining revenue highs not seen since September 2019.

The post Bitcoin mining difficulty adjusts to a new record high above 20 trillion appeared first on The Block.

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Bitcoin Mining Difficulty Hits Record High Amid Miner Revenue Surge

Mining difficulty passed 20 trillion Saturday morning.

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Was This The Craziest Week in Bitcoin History?

Transformative regulatory guidance, important macro tailwinds and, of course, a stunning run-up past $40,000.

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Exchange eToro Seeks to Deter New Users in Sign of Surging Retail Demand for Crypto

The platform, which mainly caters to “social” or beginner traders, raised its required deposit level to $1,000 from $200.

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Think How Well Bitcoin Would Be Doing if You Could Actually Buy It

Bailey Reutzel on the frustrations many newbie investors must be facing right now.

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