Coinbase Moves to Improve Ethereum's 'Client Diversity' by Adding Nethermind, Erigon

CryptoX – Cryptocurrency Analysis and News Portal The publicly traded U.S. crypto exchange said it would add support for the additional Ethereum “clients” – computer programs used to access and run the distributed network – to help reduce dependence on the dominant Geth software. Source The post Coinbase Moves to Improve Ethereum's 'Client Diversity' by Adding Nethermind, Erigon appeared first on CryptoX. CryptoX Portal

Coinbase (COIN) Snafu Shows $0 Balances for Customers Amid Huge Bitcoin (BTC) Price Rally

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin’s Swift Climb Triggers Soaring Premium in South Korea During Worldwide Rally

On Wednesday, bitcoin’s value ascended past the $60K threshold, peaking at a 24-hour high of $61,389 by 10:45 a.m. (ET). Concurrently, South Korea observed a pronounced premium over the international exchange rate, with local platforms such as Upbit and Bithumb displaying prices that are $2,251 higher. In a Worldwide Bitcoin Frenzy, South Korea and 30+ […] Original

Craig Wright to Face New Allegations of Forgery in COPA Trial Over Ontier Emails

Counsel for both COPA and Wright this week tried to undermine expert witnesses for the other party, particularly questioning their “independence.” Wright’s team on Monday questioned COPA expert witness Patrick Madden on why he’d enlisted the help of COPA’s counsel at Bird & Bird LLP to organize the findings of his investigation into Wright’s claims instead of seeking independent help. On Wednesday, the COPA camp, in turn, asked Wright’s expert witness ZeMing Gao, who has authored multiple essays asserting Wright is Satoshi, whether he was truly an objective expert. Source

MicroStrategy’s Bitcoin Holdings Balloons Above $10 Billion, Here’s How Much Profit It Has Made

MicroStrategy recently revealed that they had acquired an additional 3,000 BTC this month, bringing its Bitcoin holdings to 193,000 BTC. Interestingly, BTC’s recent price surge caused these holdings to cross the $10 billion mark, with the software company currently sitting on a tremendous amount of unrealized profits.  MicroStrategy’s Unrealized Profit Reaches $5 Billion As disclosed in the company’s filing with the Securities and Exchange Commission (SEC), its BTC holdings have now been purchased for an average price of $31,544. That means that MicroStrategy’s Bitcoin investment is now at an unrealized…

VanEck Starts Digital Asset Management Platform and NFT Marketplace

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Blackrock Bitcoin ETF Shatters Inflow and Volume Records — Holdings Exceed 141K BTC

Blackrock’s spot bitcoin exchange-traded fund (ETF) has had a second consecutive record-breaking day with over $1.3 billion in trading volume. The world’s largest asset manager’s Ishares Bitcoin Trust (IBIT) also saw a record net inflow on Tuesday. The fund’s total bitcoin holdings have now surpassed 141K bitcoins. Another Record Day for Blackrock’s Bitcoin ETF Nine […] Original

Binance expands VIP program to attract traditional asset holders

Binance is changing its VIP program to attract investors from conventional trading sectors, offering them lower fees and other exclusive privileges.  Under the new program, prospective users can qualify for VIP status on Binance by combining trading volumes from cryptocurrencies and traditional assets, such as stocks, across various external trading platforms.  Binance continues efforts to captivate significant traders following a trend where notable financial institutions from Wall Street have scaled back their cryptocurrency dealings in the U.S. due to increasing regulatory scrutiny. Previously, to achieve VIP status, Binance clients were…