Browsing: Bitcoin news

Bitcoin-focused life insurer Meanwhile raised $37.5 million in a Bain Capital Crypto-led investment round, bringing its total funding to $180 million. The Bermuda-based company offers life insurance with premiums and death benefits denominated in bitcoin, including a product that accepts a single bitcoin premium. Meanwhile has signed 15 brokers serving wealthy clients in Switzerland, Singapore,…

Omkar Godbole is a Co-Managing Editor and analyst on CoinDesk’s Markets team. He has been covering crypto options and futures, as well as macro and cross-asset activity, since 2019, leveraging his prior experience in directional and non-directional derivative strategies at brokerage firms. His extensive background also encompasses the FX markets, having served as a fundamental…

The crypto bull run debate just got a hard number behind it. Bitcoin printed a golden cross for the first time this year, with the 50 day average crossing above the 200 day line. BTC hit $87,000 on September 24, its best price in eight months, per KuCoin. That kind of signal brings fresh money…

The top crypto story today starts with a move that has never happened on a major chain. Cronos rolled back its own blockchain on September 8 to recover $111 million stolen in a lending hack, per CoinDesk. The same day, Tom Lee’s Bitmine bought another $69 million of ETH, making it one of the largest…