CoinTelegraph News

Former Citi banker launches $1.5B crypto fund, taps Algorand as first partner

The crypto economy continues to lure top talent from Wall Street. Matt Zhang becomes the latest industry veteran to jump ship. A Wall Street veteran with over 14 years of experience has launched a new venture fund dedicated to cryptocurrency and blockchain startups,...

Law Decoded: India ponders going full China on crypto, Nov. 22–29

The world's sixth-largest economy could adopt a hardline stance against decentralized cryptocurrencies as soon as this winter. Are big emerging economies more likely to gravitate toward blanket crypto bans? China has set a precedent, and now it appears as if India...

MicroStrategy purchases $414.4 million worth of Bitcoin, with total BTC balance eclipsing $3.5 billion

The business data analytics firm has been investing in BTC since August 2020. Michael Saylor, CEO of enterprise data analytics company MicroStrategy, announced Monday via a Twitter post and company filing that the firm purchased an additional 7,002 Bitcoin (BTC),...

Lines in the sand: US Congress is bringing partisan politics to crypto

Cryptocurrency is now a hot topic in United States politics. It wasnt always like this, however, especially since just a small percentage of U.S. politicians seem to have a baseline understanding of digital currencies.Nonetheless, its now a wedge issue poised to morph...

Jack Dorsey plans to step down as Twitter CEO: Report

It’s unclear if Dorsey plans to leave the social media company to focus on operations at Square and the platform’s initiative to develop a decentralized Bitcoin exchange. Twitter chief executive officer Jack Dorsey is reportedly planning to resign his position at the...

MELD’s $1B ISPO highlights emerging use cases for Cardano, crypto fundraising

Roughly 40,000 participants staked nearly 620 million ADA as part of MELD’s first-ever initial stake pool offering, which concluded on Oct. 27. DeFi banking protocol MELD recently made headlines for attracting more than $1 billion worth of staked Cardano (ADA) to its...

Bitcoin holds $57K amid warning weak hands could fuel a fresh BTC price dip

Markets rebound but Bitcoin is still not out of the woods when it comes to sell-offs, analysis warns. Bitcoin (BTC) showed signs of strength into the Wall Street open on Nov. 29 as macro markets shed some of last week’s fear.BTC/USD 1-hour candle chart (Bitstamp)....

Invesco launches spot Bitcoin ETP on Deutsche Borse

Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC...

Bitcoin transaction fees are down by over 50% this year

Transaction fees have dropped this year, after a spike earlier this summer. According to YCharts data, the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%. This rise may be attributed to a variety of...

India’s crypto unicorn CoinDCX has no immediate plans for IPO

CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August. India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain.CoinDCX...

Jack Dorsey plans to step down as Twitter CEO: Report

It’s unclear if Dorsey plans to leave the social media company to focus on operations at Square and the platform’s initiative to develop a decentralized Bitcoin exchange. Twitter chief executive officer Jack Dorsey is reportedly planning to resign his position at the...

Invesco launches spot Bitcoin ETP on Deutsche Borse

Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC...

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