Bitcoin is nearing all-time highs in price and market cap last set three years ago. Anchorage has applied with the OCC for a national bank charter. Community members have proposed a vote to reinstate Unsiwap’s liquidity mining program.
Bitcoin traded above $17,000 Tuesday at 12:00 UTC for the first time since Jan. 7, 2018, according to the CoinDesk 20 price index. This move puts the cryptocurrency 15% below its all-time high of $20,000 set in December 2017, and up nearly 130% on the year. The rise also pushes bitcoin’s total market capitalization to over $315 billion, just short of its $335 billion record. Despite BTC’s strong performance, exchange trading volumes remain relatively unimpressive. Take Coinbase’s BTC/USD trading pair for instance, which has seen flat monthly volumes since June.
Stablecoin project Origin Dollar (OUSD) lost nearly $7 million worth of crypto in the latest sophisticated exploit of a decentralized finance (DeFi)