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Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report

Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report

Former CFTC Chair Gary Gensler, who’s leading Joe Biden’s financial oversight team, may be tapped as Deputy Treasury Secretary.

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Grayscale’s Bitcoin Cash and Litecoin products are trading at premiums of more than 1,000%

Grayscale’s Bitcoin Cash and Litecoin offerings are trading at a more than 1000% premium compared to underlying asset value, according to market performance data published on its website.

The post Grayscale’s Bitcoin Cash and Litecoin products are trading at premiums of more than 1,000% appeared first on The Block.

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Market Wrap: Bitcoin Loses Momentum at $19.4K; Ethereum Fees Increasing

Bitcoin’s price rise stalled out just before hitting $19,500 Wednesday. The Ethereum network’s fees are in an upswing.

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Canadian crypto exchange Coinsquare announces leadership changes

Canadian exchange Coinsquare has added two new executives to its board of directors.

The post Canadian crypto exchange Coinsquare announces leadership changes appeared first on The Block.

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Galaxy Digital Bitcoin Funds Raise $59M as Institutional Cash Flows In

Galaxy Digital’s institutional bitcoin fund raised an average of $1.6 million from its 33 unnamed investors.

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The Most Bullish Bitcoin Arguments for Your Thanksgiving Table

This year, come prepared to explain the asset that has everyone from famous financiers to political dissidents talking about a money revolution.

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Blockchain Infrastructure Firm BSN Adds Polkadot, Oasis, Bityuan to Network

China’s state-sanctioned blockchain infrastructure provider BSN is adding cross-chain protocol Polkadot, decentralized cloud data startup Oasis and China-based project Bityuan to its network.

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Despite New Incentives to Stay, Some of OKEx’s Chinese Users Are Determined to Leave

Some OKEx’s users in China are determined to leave the exchange despite new incentives designed to keep them.

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Eth2’s Phase 0 is set to roll out next week, but it’s only the first step in a years-long process

Quick Take

  • The initial phase of Eth2 — the next-generation of Ethereum — is rolling out next week. It represents the first step in Ethereum’s transition into a proof-of-stake network.
  • But there’s still a lot of work left to do for the full Eth2 upgrade, Justin Drake, Eth2 researcher at the Ethereum Foundation, told The Block.
  • The rest of the Eth2 journey won’t be without its challenges.

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Some Are Calling All-Time Highs for Bitcoin. Here’s Why CoinDesk Hasn’t Yet

In a fragmented global market, price quotes are all over the place. That’s why CoinDesk created the Bitcoin Price Index (BPI) and is standing by it.

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