Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.
Psychology and selling pressures have kept bitcoin’s price below $20,000.
Since 1969, 34 out of 45 years have seen a late December rally. Here are 5 reasons why that might not happen this year.
Hinman’s departure was announced in late October, but the SEC did not disclose when the shift would take place at the time.
The post The SEC director who first spoke about ‘sufficient decentralization’ served his last day today appeared first on The Block.
Solana, a proof-of-stake (PoS) blockchain spearhead by FTX CEO Sam Bankman-Fried, is “stuck” due to an unknown issue.
Quick Take
- Crypto exchange FTX, launched last year, is already a unicorn.
- The Hong Kong-based exchange is now valued at $3.5 billion, according to CEO Sam Bankman-Fried.
- Here’s how it happened, according to Bankman-Fried.
The success of a store-of-value asset, like bitcoin or gold, isn’t just a matter of durability, fungibility or scarcity. It’s about whether people believe in it.
That’s up from about $570 million in 2019.
Congress is inching closer to approving a multi-billion dollar defense spending authorization bill which, according to lawmaker statements, will include several elements related to cryptocurrency and blockchain.
The post Lawmakers cheer crypto-related elements included in Congressional defense funding bill appeared first on The Block.
Traders have begun unwrapping tokenized bitcoins. The U.S. Treasury Department will keep a vigilant eye on digital innovations. And trading volumes on OKEx have plummeted.
