Bitcoin Traders Say Options Market Understates Likelihood of Chaotic US Election

Analysts warn against reading too much into the complacency suggested by the volatility metrics.

Execs Managing $78B in Assets Say Institutional Investors Plan to Allocate More Cryptocurrencies

New research from the digital currency insurance firm, Evertas, shows that a surveyed group of investors managing roughly $78 billion in collective assets believes that during the next five years, institutional investors will “dramatically” increase their crypto asset holdings. This week the crypto asset insurance company Evertas published a...

The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders

Bitcoin miners have successfully survived the 2020 Halving and COVID-19, and the network is now seeing some of its highest hash rates ever as these operations power up new equipment and reach new levels of decentralization going into the second decade of bitcoin mining. Bitcoin Mining Is Decentralizing China...

Institutional investors plan to buy every Bitcoin price dip, data suggests

A new survey commissioned by crypto asset insurance company, Evertas, a cryptocurrency insurance firm, found that institutional investors plan to significantly increase their stakes in Bitcoin (BTC) and other digital assets in the future. After surveying 50 institutional investors that collectively manage over $78 billion in assets in the...

Bitcoin price hits $11,100 wall and drops 6% — Relief rally to follow?

The price of Bitcoin (BTC) brutally rejected the $11,100–$11,300 resistance range with a 6% drop. Following the steep pullback, analysts remain cautiously optimistic toward BTC and the rest of the cryptocurrency market. Analysts have generally attributed the short-term fall of Bitcoin to the uncertainty around the COVID-19 pandemic. On...

Crypto​.com reverses ‘illegitimate trades’ amid prolonged downtime for the exchange

A database issue has led to prolonged downtime for the Crypto​.com exchange. According to a series of tweets published by platform’s CEO, Kris Marszalek, the exact cause of these issues remains unknown. Marszalek did confirm, however, that some users had taken advantage of the situation by manipulating the ETH/USDT...

Blockchain Bites: OCC’s Stablecoin Guidance, EU’s Digital Euro Plans, Chamath’s Bitcoin

The OCC published guidance allowing U.S. banks to work with stablecoin issuers. Meanwhile, the ECB thinks the term stablecoin can be “misleading.”

Meet Turkey’s ‘unexpected winners’ of Uniswap’s UNI giveaway

Students enrolled in the class “Introduction to Cryptocurrencies” at Turkey’s Kadir Has University were the unexpected winners of Uniswap’s UNI token distribution on Sept. 17. İsmail Hakkı Polat, one of two lecturers of the class, told Cointelegraph Turkey that all students who, as part of a class project, participated...

Startup Behind Siacoin Storage Platform Raises $3M, Rebrands as Skynet Labs

Skynet Labs has raised a $3 million funding round led by Paradigm, aiming to offer developers decentralized storage solutions for all types of applications.

Bitcoin News Roundup for Sept. 22, 2020

With bitcoin at risk of falling to four figures and new guidance from the OCC, CoinDesk’s Markets Daily is back for your latest crypto news roundup!