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Bitcoin shoots past $40,000 for the first time ever

Bitcoin shoots past $40,000 for the first time ever

Bitcoin’s price has exceeded the $40,000 mark for the first time.

The post Bitcoin shoots past $40,000 for the first time ever appeared first on The Block.

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Coinbase Acquires Routefire to Beef Up Institutional Bitcoin Offering

Leading U.S. crypto exchange Coinbase has acquired trade execution startup Routefire. The terms of the deal were not disclosed.

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ETH’s market capitalization hits a new all-time high

Ethereum’s market capitalization has broken its previous all-time high, according to market data from TradingView.

The post ETH’s market capitalization hits a new all-time high appeared first on The Block.

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Blockchain Bites: Sustainability and Uncertainty as Crypto Crosses $1T Benchmark

Amid political chaos and global uncertainty, one bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion.

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Ignoring Outages, Coinbase Futures Set Record Highs as Bitcoin Rally Continues

CBSE futures on FTX hit $311 Thursday afternoon.

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65K Comments and Counting: Crypto Industry Fights ‘Arbitrary’ Treasury Rule

The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.

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Bitcoin News Roundup for Jan. 7, 2021

With the price of bitcoin up another $2K and the cryptocurrency sector now valued at more than a trillion dollars, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.

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Coinbase Suffers ‘Connectivity Issues’ Again as Bitcoin Hits Another Record

Leading U.S.-based cryptocurrency exchange Coinbase is suffering connectivity issues for the second consecutive day amid bitcoin‘s parabolic price rally. The story is developing and will be updated as more information is available.

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Bank of England governor on Facebook-backed Diem: ‘Where’s the business model?’

Andrew Bailey, governor of the Bank of England, has questioned the business model behind Diem, the Facebook-backed stablecoin initiative.

The post Bank of England governor on Facebook-backed Diem: ‘Where’s the business model?’ appeared first on The Block.

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Crypto Investment Firm Grayscale Names New CEO, Plans to Double Staff in 2021

Grayscale’s managing director, Michael Sonnenshein, has now been appointed CEO.

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