Large trading volumes in the bitcoin spot market are helping push prices upward to a fresh record high. Ethereum-based DeFi value locked is also setting records, with rising crypto values playing a part. Bitcoin (BTC (+3.68%)) trading around $39,143 as of 21:00 UTC (4 p.m. ET). Gaining 8.4% over the previous 24 hours. Bitcoinâs 24-hour range: $36,382-$40,324 (CoinDesk 20) BTC...
Bitcoin bulls pushed the leading cryptocurrency to fresh all-time highs above $35,000 Tuesday night after a couple days of choppy price action kept traders guessing which direction the market would head next. The price is rising, and fast. Bitcoin jumped nearly 12% Tuesday to top the previous record high of $34,544.94 set this past Sunday after a dizzying climb over...
Another day, another $1,000-plus increase in bitcoinâs price, bringing the leading cryptocurrencyâs combined gains this new year to about $5,000. The price of bitcoin surged past $34,000 for the first time ever early Sunday morning Eastern time, extending a record-setting holiday rally and adding an immediate exclamation point to the Bitcoin Network's 12-year anniversary. Once the price of the leading...
âPay me in bitcoinâ has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase after he first tweeted that demand in May 2019, Okung will be the first player from any major U.S. sports league to be paid in bitcoin. The arrangement comes by way of Zap, the bitcoin (BTC, +6.32%) startup...
A rampant bull run is punctuated by sellers above $28,000, with Bitcoin continuing to see wild volatility on Sunday. Bitcoin (BTC) hit all-time highs of $28,400 before crashing thousands of dollars on Dec. 27 â the latest chapter in its Christmas trading frenzy. BTC price dips $1,900 in minutes Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD gain and...
The U.S. Securities and Exchange Commission (SEC) ordered Tierion to pay back investors in its TNT tokens after finding the data verification startupâs $25 million initial coin offering (ICO) violated securities laws. TNT holders and ICO investors who sold their tokens at a loss have 60 days to ask Tierion for what is essentially a refund â at cost, plus...
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MoneyGram has yet to see any ânegative impactâ on its longstanding business arrangement with Ripple from the U.S. Securities and Exchange Commission (SEC)âs lawsuit against the latter company. âMoneyGram will continue to monitor the situation as it evolves,â a company spokesperson told CoinDesk in an emailed statement. âMoneyGram has continued to utilize its other traditional FX trading counterparties throughout the...
Cash App, the cash-transferal app of payments giant Square, is now allowing customers to get bitcoin back on every transaction. Previously, Cash App had only allowed clients to get U.S. currency back on transactions. In November, in the company's Q3 earnings report Square said Cash App generated $1.63 billion of bitcoin (BTC, +0.05%) revenue, up 11 times from the year-ago...
DeFi projects will form the foundation of the crypto economy in 2021 according to a report by DappRadar. DApp transaction volume has topped $270 billion so far in 2020, with 95% of this figure belonging to Ethereumâs DeFi ecosystem, according to DappRadar. Thatâs an astonishing 1178% increase from last yearâs total of $21 billion. The blockchain data provider revealed the...