Announcements, Stories, Opinions And Ideas

A weekly digest of relevant news about digital assets and crypto, outlining crucial blockchain industry updates that you may have missed.

Bitcoin Price Hits $10,000 for the First Time in 2020 — Up 40% YTD
After almost six months of waiting, Bitcoin investors get treated to $10K once again, as BTC/USD caps year-to-date returns of nearly 40%
Weiss Ratings Upgrades Bitcoin to A- Ahead of Halving
American provider of investment data Weiss Ratings has ranked Bitcoin as “excellent” by assigning it an A- grade
Japanese Official Calls for Urgent Development of Digital Yen to Counter China
Japanese lawmaker Kozo Yamamoto said today that the government should include the digital yen plan in its mid-year policy
Open Positions in Bakkt’s Bitcoin Futures Jump to Record Highs - CoinDesk
While bitcoin hit fresh three-month highs on Wednesday, open interest in monthly bitcoin futures on the Intercontinental Exchange’s (ICE) Bakkt platform jumped to record highs.
Coinbase and Ripple Push for Regulatory Framework, US Congress Stalls
The Blockchain Association has launched a working group to push for a U.S.-wide regulatory framework… Will the legislators listen?
Former OKEx Exec to Raise $40M for Crypto Derivative Exchange - CoinDesk
The Seychelles-based exchange aims to provide retail crypto investors with futures, options, callable bull/bear contracts, warrant contracts and fixed coupon notes, which are traditionally only available to institutional clients.
Tron’s Justin Sun (Finally) Gets $4.5M Dinner With Warren Buffett - CoinDesk
Justin Sun finally had his $4.5 million charity dinner with Berkshire Hathaway chief Warren Buffett last month.
Platform Allowing Trading of Crypto in Custody Completes First $100K Transaction - CoinDesk
The platform provides a solution that allows trading of digital assets which they remain in secure custody.