FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.

Market Wrap: Bitcoin Closes 2020 Near Record Highs

Market Wrap: Bitcoin Closes 2020 Near Record Highs
Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.

The Most Important Bitcoin Infrastructure Developments of 2020, feat. Alyse Killeen

The Most Important Bitcoin Infrastructure Developments of 2020, feat. Alyse Killeen
A look at privacy and infrastructure advances that will shape the bitcoin ecosystem in the years to come.

Crypto Dollars and CBDCs: The Battle to Come

Crypto Dollars and CBDCs: The Battle to Come
The future of money will be a tussle between algorythmic and fiat-pegged stablecoins and central bank digital currency experiments.

What Is a Satoshi?

What Is a Satoshi?
On today's holiday episode of Markets Daily, we take a look at the term "satoshi," its origin, what it means and why it matters.

Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World

Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World
2020 will be looked back on as the year that marks the present era from the past; the demarcation line separating the before and the after.

Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise

Bitcoin Mining Machine Maker Ebang to Launch Crypto Exchange in 2021; Shares Rise
Bitcoin mining equipment maker Ebang announced Thursday it is preparing to officially launch a cryptocurrency exchange in the first quarter of 2021.

Governments Will Start to Hodl Bitcoin in 2021

Governments Will Start to Hodl Bitcoin in 2021
Crypto assets not only are not going away. They will become integral to our financial and political lives.

EToro USA Becomes Latest Exchange to Suspend XRP Trading

EToro USA Becomes Latest Exchange to Suspend XRP Trading
The U.S. division of eToro is suspending XRP trading after an SEC suit alleging it is a security.

Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’

Number of People Holding Lots of Bitcoin Surges in Rare ‘Whale-Spawning Season’
The number of bitcoin whales rose to a new record high on Wednesday.

Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says

Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says
In its public response to the US Treasury Department’s proposed rule, the blockchain analytics firm has argued that they are likely to be ineffective and counterproductive.

Xapo to Discontinue Service to US Customers in March

Xapo to Discontinue Service to US Customers in March
Companies are being asked to transfer their bitcoins to other places, such as Coinbase.

Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s

Bitcoin Hits $29K for First Time Ever, Raising HODLer Hopes for $30K by New Year’s
"I would expect to see bitcoin charge past $30,000 as we enter the new year,” said one market observer.

Serbia Legalizes Digital Assets Trading and Issuance

Serbia Legalizes Digital Assets Trading and Issuance
Serbia will now permit the issuance and trading of digital assets under a law that went into effect this week.

What Is Proof-of-Stake?

What Is Proof-of-Stake?
Proof-of-stake is a method of maintaining integrity in a blockchain, ensuring users of a cryptocurrency can’t mint coins they didn’t earn.

Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet

Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet
Another day, another all-time high in bitcoin as the cryptocurrency changed hands as high as $28,871.78.

Democracy Demands a Say in the Future of Money

Democracy Demands a Say in the Future of Money
The U.S. Treasury’s decision to impose know-your-customer rules to private cryptocurrency wallets is flawed in more ways than one.

BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations

BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations
Bitgo failed to stop people in Cuba, Iran and Syria, among other sanctioned places, from using its non-custodial wallet service, the U.S. said.

Binance US Says It Will Delist XRP on Jan. 13

Binance US Says It Will Delist XRP on Jan. 13
Cryptocurrency exchange Binance announced that embattled token XRP will be delisted from Binance.US on Jan. 13, 2021, becoming the latest exchange to do so. The story is developing and will be updated.

Coinbase Sued for Allowing the Sale of XRP

Coinbase Sued for Allowing the Sale of XRP
A man from Missouri is filing a suit against Coinbase for its sale of XRP, a California court filing reveals.

What 2020 Taught Us About the ‘Dollar Milkshake Theory,’ feat. Brent Johnson

What 2020 Taught Us About the ‘Dollar Milkshake Theory,’ feat. Brent Johnson
The Santiago Capital investor takes a look at what 2020 taught us about his notable economic theory.

VanEck Proposes ETF for Bitcoin, Once Again

VanEck Proposes ETF for Bitcoin, Once Again
So far, the SEC has considered many applications for bitcoin-based ETFs and rejected them all.

Genesis to Suspend XRP Trading, Lending

Genesis to Suspend XRP Trading, Lending
In an email sent to clients Wednesday, Genesis announced it would be halting XRP trading and lending in the new year.

Bitcoin Prices in 2020: Here’s What Happened

Bitcoin Prices in 2020: Here’s What Happened
COVID-19 ravaged the world's economies but prompted mainstream financial markets to start taking bitcoin seriously. A look back at the year in bitcoin.

All Major Mining Pools Now Support Taproot, Bitcoin’s Biggest Upgrade in Years

All Major Mining Pools Now Support Taproot, Bitcoin’s Biggest Upgrade in Years
Binance Pool represents 11% of Bitcoin’s mining hashrate. Adding it to the “yes” column pushes mining pool support for Taproot to about 91%.

How DeFi ‘Degens’ Are Funding the Next Wave of Open-Source Development

How DeFi ‘Degens’ Are Funding the Next Wave of Open-Source Development
Gitcoin's Kevin Owocki coins the phrase "regenerative finance" to describe the future of funding open-source development.

LISTEN: Linda Lacewell, a Friendlier Regulator – Most Influential 2020

LISTEN: Linda Lacewell, a Friendlier Regulator – Most Influential 2020
In this special episode of Markets Daily, CoinDesk's Lyllah Ledesma reads Nikhilesh De's profile of Linda Lacewell, one of CoinDesk's Most Influential People in 2020.

CBDCs: An Idea Whose Time Has Come?

CBDCs: An Idea Whose Time Has Come?
Almost 50 monetary authorities and central banks are researching and developing wholesale or retail CBDCs. What does 2021 hold in store?

Ripple to Meet With SEC in First Pretrial Conference on Feb. 22

Ripple to Meet With SEC in First Pretrial Conference on Feb. 22
Ripple and the SEC will meet over video call, according to a court order from the US District Court of the Southern District of New York.

Statechains Scaling Solution Offers New Potential for Bitcoin Privacy

Statechains Scaling Solution Offers New Potential for Bitcoin Privacy
Statechains offer another way to scale bitcoin payments and could boost privacy as well.

Blockchain Developers Are Focused on the Wrong Problem

Blockchain Developers Are Focused on the Wrong Problem
If it's to reach its full potential, the decentralized economy needs to scale censorship resistance, say Solana's CEO and COO.

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy

Russian Oil Drilling Giant Opens a Crypto Mining Farm Run on Gas Energy
A unit of oil and gas giant Gazprom has opened a mining venue on an oil drilling site using gas produced as a byproduct to produce electricity.

Valid Points: A Year in Review by Your Ethereum 2.0 Staking Experts

Valid Points: A Year in Review by Your Ethereum 2.0 Staking Experts
In our year-end Ethereum round up, we feature 4 charts from 4 Ethereum 2.0 staking experts recounting the best highlights of 2020.

Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat

Bitcoin Sets New All-Time High Above $28.5K; Bulls Back in the Driver’s Seat
Institutional investors are perceived to be driving this record-setting run.

Coinbase Underpaid Women, Black Employees, NY Times Reports

Coinbase Underpaid Women, Black Employees, NY Times Reports
The Times' data included pay details for most of Coinbase’s roughly 830 employees at the end of 2018.

New Research Sheds Light on the Front-Running Bots in Ethereum’s Dark Forest

New Research Sheds Light on the Front-Running Bots in Ethereum’s Dark Forest
The report outlines how the researchers identified and isolated generalized front-running bots while evaluating their efficiency.

Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish

Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish
Bitcoin fell to the $26,000 level after it hit above $28,000 on Sunday, yet markets remain bullish on both retail and institutional interest.

Polkadot Surges After Binance Home Page Listing, $10M Endorsement

Polkadot Surges After Binance Home Page Listing, $10M Endorsement
Binance announced a $10 million fund to support projects that are built on top of the Polkadot ecosystem.

What Are Stablecoins?

What Are Stablecoins?
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.

SkyBridge Capital Has Already Invested $182M in Bitcoin

SkyBridge Capital Has Already Invested $182M in Bitcoin
“Bitcoin is digital gold,” SkyBridge says in its pitch to investors. “It is better at being gold than gold.”

Crypto.com to Delist, Suspend XRP in the US After SEC’s Ripple Suit

Crypto.com to Delist, Suspend XRP in the US After SEC’s Ripple Suit
The announcement came hours after Coinbase and OKCoin took similar actions.

Opyn Upgrade Aims to Add Capital Efficiency and Liquidity to DeFi Options Market

Opyn Upgrade Aims to Add Capital Efficiency and Liquidity to DeFi Options Market
Options marketplace Opyn is rolling out an upgrade that targets capital efficiency and liquidity in the decentralized financial options market.

The Devastation of Main Street Business, feat. Daniel Lacalle

The Devastation of Main Street Business, feat. Daniel Lacalle
The popular economist talks about the K-shaped recovery and why we could be in for more pain in 2021.

eToro Said to Be in Talks With Goldman About Possible $5B IPO: Report

eToro Said to Be in Talks With Goldman About Possible $5B IPO: Report
The crypto trading/investment management platform is also considering the possibility of a merger with a special purpose acquisition company.

Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York

Japanese Internet Giant Licensed to Issue First JPY-Pegged Stablecoin in New York
The charter makes GMO one of only 27 companies licensed in New York to engage in virtual currency activities.

LISTEN: Jesse Powell, Bitcoin Banker – Most Influential 2020

LISTEN: Jesse Powell, Bitcoin Banker – Most Influential 2020
In this special episode of Markets Daily, CoinDesk Podcasts editor Adam B. Levine reads Nathan DiCamillo's profile of Jesse Powell, one of CoinDesk's Most Influential People in 2020.

16 Ethereum Predictions From a Crypto Oracle

16 Ethereum Predictions From a Crypto Oracle
Andrew Keys has 16 reasons why crypto will take center stage economically, politically and socially in 2021.

The Fight for Consumer Adoption Is Just Beginning

The Fight for Consumer Adoption Is Just Beginning
In the next phase, blockchain networks have to find use cases beyond censorship resistance and permissionless access, says TRON's founder.

CME Tops in Bitcoin Futures Rankings Amid Rapidly Growing Institutional Interest

CME Tops in Bitcoin Futures Rankings Amid Rapidly Growing Institutional Interest
The CME has become the largest bitcoin futures exchange by open interest amid institutional onboarding.

Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin
Okung’s $13 million salary is being split 50-50 between bitcoin and fiat by way of Zap’s Strike product.