Market Outlook

Around 5% of staff have left since CEO Brian Armstrong declared an apolitical stance at the company.

Talking at CoinDesk's invest: ethereum economy event, the Ethereum founder called for users of the second-largest blockchain to move over to scaling solutions that are “already here."

Other payment companies will also likely follow in Square's footsteps or risk getting shut out of a growing segment, JPMorgan wrote.

Binance’s latest experiment to integrate decentralized finance with its centralized platform, Binance Smart Chain, is not here to beat DeFi, said the company’s CEO during CoinDesk’s invest: ethereum economy program.

Ethereum's shift to proof-of-stake will take conventional ETH out of circulation, replaced by a tokenized version of itself, says the CEO of Staked.

Bitcoin's record hashrate indicates fundamentals are stronger than ever, according to Skew Markets.

Bitcoin's six-day run of gains has shifted the focus to psychological hurdle of $12,000. Some analysts are looking even higher.

NYDIG raised the $50 million from FinTech Collective, Bessemer Ventures and Ribbit Capital.

"In a world where benchmark interest rates globally are near, at, or below zero, the opportunity cost of not allocating to bitcoin is higher," the report said.

Bitcoin nears $12K after six-day winning streak, as analysts predict economy will need trillions of dollars of stimulus.

Bitcoin holds above $11K after biggest weekly gain since July, despite FCA ban on retail crypto futures trading and inventory drawdowns by miners.

The promotion is part of China's efforts to try out out and stimulate usage of its new digital currency.