With bitcoin surging to highs of $23K and Paxos raising a monster funding round, CoinDesk’s Market’s Daily is back with another crypto news roundup.
Bitcoin surged to new record highs above $23,000 earlier on Thursday, before quickly falling back by over $1,500.
Paxos has raised $142 million to facilitate mainstream adoption. “We think that opportunity is now,” said CEO Charles Cascarilla.
Banks joined the crypto conversation as bitcoin marched to $20,000. Here’s a list of recent crypto developments in the banking sector.
Litecoin hasn’t been in three figures since its second mining reward halving in 2019.