It’s unclear if Dorsey plans to leave the social media company to focus on operations at Square and the platform’s initiative to develop a decentralized Bitcoin exchange. Twitter chief executive officer Jack Dorsey is reportedly planning to resign his position at the social media firm. According to a Monday CNBC report, Dorsey is expected to step down as the CEO of social media giant Twitter, which he helped co-found in 2006. It’s unclear if Dorsey plans to leave Twitter behind to focus on operations at Square and […]

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Roughly 40,000 participants staked nearly 620 million ADA as part of MELD’s first-ever initial stake pool offering, which concluded on Oct. 27. DeFi banking protocol MELD recently made headlines for attracting more than $1 billion worth of staked Cardano (ADA) to its protocol through a novel funding mechanism called an initial stake pool offering, or ISPO, marking an important innovation in how early adopters support blockchain startups. Cointelegraph had the opportunity to connect with MELD CEO Ken Olling to discuss the significance of the ISPO as well […]

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Markets rebound but Bitcoin is still not out of the woods when it comes to sell-offs, analysis warns. Bitcoin (BTC) showed signs of strength into the Wall Street open on Nov. 29 as macro markets shed some of last week’s fear. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crypto edges out of “extreme fear” Data from Cointelegraph Markets Pro and TradingView confirmed BTC/USD holding $57,000 as trading began Monday. Despite a weak start in Asia, U.S. markets were in the mood for making amends after Friday’s rout, […]

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Invesco’s spot Bitcoin ETN joins 25 other similar products on Deutsche Boerse’s digital exchange, Xetra. Soon after dropping a filing for a Bitcoin (BTC) futures exchange-traded fund (ETF) in the United States, asset manager Invesco is launching a spot BTC exchange-traded note (ETN) in Europe. On Nov. 29, German stock market operator Deutsche Boerse officially announced the listing of the Invesco Physical Bitcoin ETN on its digital stock exchange, Xetra. The new product will trade under the ticker symbol BTIC. Admitted to the regulated market of the Frankfurt […]

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Transaction fees have dropped this year, after a spike earlier this summer. According to YCharts data, the average transaction fee of Bitcoin (BTC) has dropped from $4.40 to $1.80 this year, a decrease of 57.97%. This rise may be attributed to a variety of factors.  One explanation is that the fast expansion of the Bitcoin Lightning Network, in which transactions are off the blockchain, may have been a catalyst. For perspective, the Bitcoin network charges a fee for each transaction. This payment is then divided between miners. […]

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CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August. India’s largest cryptocurrency exchange, CoinDCX, has no immediate plans for a public listing as the regulatory environment in the country remains uncertain. CoinDCX has no definitive route or clause as to when to go ahead with a potential initial public offering (IPO), the firm told Cointelegraph in an official statement on Nov. 29. “Any growing company aspires to take an IPO route in due course. We at CoinDCX also […]

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