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Crypto card issuer Wirex becomes a principal member of Visa in Europe

Crypto card issuer Wirex becomes a principal member of Visa in Europe

Wirex, the London-based cryptocurrency card issuer, has been made a Visa principal member in Europe.

The post Crypto card issuer Wirex becomes a principal member of Visa in Europe appeared first on The Block.

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2020 Macro Overview: Traditional & Digital Asset Market Behavior, Part III

Quick Take

  • The following is the final excerpt from the ‘2020 Macro Overview’ section of the Block Research’s forthcoming year-end report.
  • We examine both digital and traditional asset market performance, the labor market, real gross domestic product, monetary policy, and more economic data throughout the last three quarters of 2020. 

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A brief performance analysis of Bitcoin against its popular hard & code forks

Quick Take

  • In USD performance terms, Bitcoin, Litecoin, Bitcoin Cash and Dash have returned 760%, 165%, 6% and -40% respectively since August 1, 2017 — the date of the Bitcoin Cash hard fork.
  • Moreover, despite Bitcoin recently breaking past its 2017 high, Litecoin, Bitcoin Cash and Dash are all still trading 68%, 91% and 92% respectively below their 2017 USD all-time highs.
  • Bitcoin is also leading its forks from a price performance perspective in 2020.

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FTX lists Coinbase pre-IPO futures contracts

Crypto exchange FTX has listed futures contracts of Coinbase ahead of its initial public offering (IPO).

The post FTX lists Coinbase pre-IPO futures contracts appeared first on The Block.

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Indian crypto exchange CoinDCX raises $13.9 million in Series B funding

Indian cryptocurrency exchange CoinDCX has raised $13.9 million in Series B funding. The round was led by Block.one, with participation from Temasek, Coinbase Ventures, Jump Capital, and others. 

The post Indian crypto exchange CoinDCX raises $13.9 million in Series B funding appeared first on The Block.

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Ripple says it will be sued by SEC: report

The U.S. Securities and Exchange Commission (SEC) is set to sue Ripple, the firm said Monday evening.

The post Ripple says it will be sued by SEC: report appeared first on The Block.

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Coinbase asks FinCEN to extend comment period for proposed wallet rule to the traditional 60 days

In a new letter to the regulator, Coinbase is calling for FinCEN to extend the comment period for its proposed self-hosted wallet rule to the traditional 60 days. 

The post Coinbase asks FinCEN to extend comment period for proposed wallet rule to the traditional 60 days appeared first on The Block.

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Congressional researchers: Lawmakers may want to consider how digital currency legislation could impact USD’s reserve status

Congress’s research service says there’s no evidence the dollar is losing its place as the dominant reserve currency.

The post Congressional researchers: Lawmakers may want to consider how digital currency legislation could impact USD’s reserve status appeared first on The Block.

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Coinbase has promoted its COO ahead of its public market debut

Former LinkedIn M&A executive Emilie Choi has been promoted to become president and COO of Coinbase.

The post Coinbase has promoted its COO ahead of its public market debut appeared first on The Block.

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The number of bitcoin wallets holding more than $10 million rose above 4,500 this weekend

We’re in record-breaking times for Bitcoin

The post The number of bitcoin wallets holding more than $10 million rose above 4,500 this weekend appeared first on The Block.

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