CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

May 24

Bitcoin Markets Analysis, What Brian Brooks Will Bring to Binance.US

Another big crypto exchange is making big moves. Just one week after Coinbase made its Wall Street debut, Binance.US announces it has hired former acting Comptroller of the Currency Brian Brooks to be its new CEO. Brooks comments on his new role. Julian Sawyer, CEO of Bitstamp, one of the world's oldest exchanges, joins "All About Bitcoin" to weigh in on this and other industry news. Plus, Gerber Kawasaki's Brett Sifling with bitcoin markets analysis.

More episodes on All About Bitcoin

Learn

Buying Dogecoin on 4/20? 3 Fundamental Risks to Consider

Ollie LeechApr 20, 2021

Cut through the memes, celebrity endorsements and today's weed-themed marketing campaign and you'll find a coin with unlimited supply and sparse technical development.

Galaxy Digital

Mike Novogratz’s Galaxy Digital Said to Be in Talks to Buy Crypto Custodian BitGo

Ian AllisonApr 20, 2021

A deal between the asset manager and the crypto custodian is close to being finalized, sources tell CoinDesk.

Tether

During Bitcoin’s Latest Price Crash, ‘Tether Premium’ Shows Where Money Went

Muyao ShenApr 20, 2021

The stablecoin's price in dollars surged during the recent market correction to the highest since the "Black Thursday" sell-off in March 2020.

WeWork

WeWork Accepting Crypto as Form of Payment

Tanzeel AkhtarApr 20, 2021

The office-sharing provider will hold the cryptocurrency on its balance sheet and pay landlords and third-party partners in crypto.

Luxury

Louis Vuitton, Cartier, Prada to Use Bespoke Blockchain to Tackle Counterfeit Goods

Tanzeel AkhtarApr 20, 2021

A private network developed in partnership with ConsenSys will undergird the Aura Blockchain Consortium.

Brian Brooks

Binance.US Hires Former Bank Regulator Brian Brooks as CEO, Former Head Coley to Depart

Zack Seward Nate DiCamilloApr 20, 2021

The Trump administration's Acting Comptroller of the Currency has joined the U.S. affiliate of the world's largest crypto exchange.

Privacy

A16z Leads $28M Funding Round for Data Privacy Platform Aleo

Benjamin PowersApr 20, 2021

Aleo’s pitch is about building out a web platform that leverages zero-knowledge proofs (ZKPs).

Podcasts

Governments Banning Bitcoin? Not So Fast as Former Regulators Brooks and Giancarlo Join Crypto Companies

Nathaniel WhittemoreApr 20, 2021

Despite the FUD, the prospects for bitcoin and crypto in a broader regulatory context have never looked brighter.

Opinion

The Node: Dogecoin Is a Joke, Get Over It

Ben SchillerApr 20, 2021

Save the internet intellectualizing for another day.

News

Introducing CoinDesk Indexes

Galen MooreApr 20, 2021

CoinDesk is now the home for the industry standard in crypto benchmarks.

Consensus 2021

4 Ways to Stay Safe in Crypto

Ollie LeechApr 20, 2021

Online safety is paramount in this digital age, especially when investing and storing wealth in crypto assets.

Celo

Celo Network Adds Deutsche Telekom as Partner; German Telco Buys ‘Significant’ CELO Position

Ian AllisonApr 20, 2021

Big companies buying bitcoin for their balance sheets is so last year.

PayPal

PayPal-Owned Venmo Adds Bitcoin Buying and Selling

Jamie CrawleyApr 20, 2021

Customers will be able to buy and sell crypto on Venmo for a fee starting from $1.

Christopher Giancarlo

Ex-CFTC Chair Chris Giancarlo Joins BlockFi Board of Directors

Danny NelsonApr 20, 2021

The former top U.S. commodities regulator has joined BlockFi’s board of directors, the crypto lender announced Tuesday.

Recent

Media

Time Now Accepts Crypto as Digital Subscription Payment

Cameron Hood1 hour ago

The 98-year-old magazine is the latest media brand to expand into the cryptocurrency space.

Hacks

DeFi Protocol EasyFi Reports Hack, Loss of Over $80M in Funds

Jamie Crawley3 hours ago

A company blog post reveals that private keys to the project’s admin account had been compromised.

DOGE: The Good, Bad and Ugly; High-Profile Moves in the D.C.-Crypto Revolving Door and More

"The Hash" panel tackles today's hot topics: what investors need to know before jumping on ""Dogeday"" bandwagon, what Brian Brooks and Chris Giancarlo are now doing with the revolving door between the crypto industry and D.C. in full swing, PayPal extends its crypto offerings for Venmo users and what's the status of the Facebook-backed Diem stablecoin?

3 hours ago

India

Firms Like Ripple May Put ‘Competitive Pressure’ on Traditional Indian Banks: EY

Cameron Hood3 hours ago

The EY paper suggests that because Ripple is faster, less expensive and more transparent it could put “competitive pressure” on India’s traditional banking system.

Coinbase

State of Crypto: Unpacking Hester Peirce’s Newest Safe Harbor Proposal

Nikhilesh De3 hours ago

The revised Token Safe Harbor proposal defines what a successful project would look like.

Podcasts

Bitcoin News Roundup for April 20, 2021

Adam B. LevineLyllah Ledesma4 hours ago

With BTC pushing past $55K, dogecoin reaching record highs and a look at the coming era of consolidation, CoinDesk’s Market Daily is back with the latest news roundup.

Decentralized Storage

Multicoin Leads $2M Round in Storage Startup

Tanzeel Akhtar5 hours ago

Filebase wants to help developers tap into all those decentralized storage networks that keep popping up.

Ethereum

Swiss Exchange SDX Joins Enterprise Ethereum Alliance, Looks Beyond R3 Corda

Ian Allison5 hours ago

“You cannot ignore the Ethereum ecosystem as a driver of digital asset flow,” said SDX chief Tim Grant.

DeFi

Balancer Labs Offers $2M Bug Bounty to Spot Vulnerabilities

Sandali HandagamaToday at 1:00 p.m. UTC

Balancer Labs wants to know about any vulnerabilities in its V2 Vault architecture, available Tuesday.

Recent

Brian Brooks Discusses His New Job as Binance.US CEO, Hester Peirce on the Updated ‘Safe Harbor’ Proposal

The crypto world reacting to big breaking news today as it learns Binance.US has hired former acting Comptroller of the Currency Brian Brooks to be its new CEO. Brooks joins "First Mover" to discuss his new role. Also, SEC Commissioner Hester Peirce discusses the update she has made to her 'safe harbor' proposal. Charlie Morris of ByteTree with crypto markets analysis, and Riot Blockchain's Jason Les explains the significance of the drop in the Bitcoin network's hashrate.

Today at 1:00 p.m. UTC

DeFi

Conflux Launches Cross-Chain Bridge to Connect Asia’s Largest Crypto Exchanges

Sandali HandagamaToday at 1:00 p.m. UTC

Users on Ethereum, Binance Smart Chain, Huobi ECO Chain or OKEx Chain would be able to convert digital assets on one of these networks to an identical asset on a different chain.

Bitcoin

Bitcoin Traders Are Buying More Downside Protection, Options Data Shows

Omkar GodboleToday at 12:36 p.m. UTC

A steep drop in the Bitcoin blockchain's hashrate may have prompted some traders to hedge, after prices fell to a three-week low.

Stablecoins

Facebook-Backed Diem Aims to Launch Stablecoin Pilot in 2021: Report

Jamie CrawleyToday at 12:14 p.m. UTC

The pilot would see a single stablecoin pegged to the U.S. dollar.

Technical Analysis

Bitcoin Holds Support Around $53K; Resistance Zone Within Reach

Damanick DantesToday at 11:35 a.m. UTC

For now, the high-volume sell-off on April 17 suggests capitulation as buyers were quick to defend the price low just above $51,000.

Silvergate Bank

Silvergate Execs Pressed by Analysts on Yield From Crypto Customer Deposits

Nate DiCamilloToday at 11:08 a.m. UTC

In a low interest rate environment, CEO Alan Lane said he is more focused on keeping the Silvergate Exchange Network liquid with readily available deposits than in juicing short-term profit.