Hoskinson reveals new code for Cardano, but $63M TVL exposes a gap

Hoskinson reveals new code for Cardano, but $63M TVL exposes a gap
Charles Hoskinson is developing a new programming language for Cardano as the blockchain approaches a pivotal test of commercial demand. The Cardano founder said he is working with developer Lucas Rosa, a software engineer at Input Output Global, on a language supporting intent-based transactions and proof-carrying data using Groth16 cryptographic proofs. The announcement follows Hoskinson's… … Read more

CryptoQuant CEO sees $30,000 Bitcoin floor even if ETFs and treasury firms exit

CryptoQuant CEO sees $30,000 Bitcoin floor even if ETFs and treasury firms exit
Bitcoin could find support near $30,000 even if institutional investors unwind their accumulated exposure, CryptoQuant's chief executive argues. The scenario would require reversing roughly $58 billion in net inflows to US spot Bitcoin exchange-traded funds (ETFs) and selling the 1.3 million BTC publicly traded companies have accumulated. Yet CryptoQuant CEO Ki Young Ju believes Bitcoin's… … Read more

The crypto privacy rule Trump’s Treasury proposed, and Trump’s Treasury buried

The crypto privacy rule Trump’s Treasury proposed, and Trump’s Treasury buried
On Dec. 18, 2020, with Christmas a week away and Donald Trump preparing to leave the White House, Steven Mnuchin's Treasury Department announced a plan that would require crypto exchanges and other financial institutions to collect more information about transactions involving wallets people controlled themselves. The public was given just 15 days to comment, with… … Read more

MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine

MSCI’s new rules could squeeze Strategy’s Bitcoin buying machine
MSCI approved rules threatening Strategy's index membership as its shares trade nearly 69% below their peak. On Oct. 15, the global index provider announced that it would adopt a new methodology excluding companies classified as non-operating businesses from its Global Investable Market Indexes. The changes take effect after the Nov. 30 market close, with the… … Read more