With millions of active Bitcoin users and millions more interested in the ancillary industry of altcoins that claims its roots in Bitcoin, the mainstream attention made sense. Panel after panel of principled, level-headed and thoughtful developers, open-source enthusiasts and designers spoke clearly about where we’ve been, where we are now and where we are going. […]
MIAMI — For the mining industry, Bitcoin 2022 was a moment to take center stage after spending previous conferences more in the shadows. “Last year, it wasn’t that , they’ve got speakers that are more engaging, drawing in the crowds. And there were plenty of them, including the top three mining rig makers, at least […]
Standing 11 feet tall and glistening in the southern sun, “The Miami Bull” statue has been called both “a crime against god” and “pretty cool.” The robotic reimagining of the Wall Street landmark is 3,000 pounds, made of chrome and fiberglass and sports blue laser eyes. Almost immediately after it was unveiled outside the Miami […]
Bitcoin is stuck in a tight range, albeit with occasional price swings. Resistance at $48,000 and $50,000 have capped price rallies over the past four months, which means sellers are in control. Still, the current pullback appears to be temporary, similar to what occurred in September of last year. The leader in news and information […]
Good morning, and welcome to First Mover, our daily newsletter putting the latest moves in crypto markets in context. Macroeconomic fears resurfaced this week, putting pressure on risk assets, including bitcoin . Many Fed officials said they were prepared to raise interest rates in half-percentage point increments in upcoming meetings to control inflation – a […]
Bitcoin is stabilizing after a near-10% drop from the $48,000 resistance level earlier this week. The relative strength index on intraday charts are rising from oversold levels, which could keep short-term buyers active into the Asia trading day. BTC will need to make a decisive move above above $45,000 in order to yield upside price […]
Bitcoin broke below a recent uptrend, price charts show, failing to breach the $48,000 level this week. central bank planned to shrink its balance sheet by up to $95 billion each month, or upward of a trillion dollars over this financial year, as it seeks to combat inflation. Europe’s Stoxx 600 rose 0.46% and Germany’s […]
On intraday charts, BTC broke below a monthlong uptrend. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial […]
Notably, Teucrium and NYSE Arca filed the application under the Securities Exchange Act of 1934, filing a 19b-4 form with the SEC. An approval under the Securities Act of 1933, under which Teucrium’s filing falls, may potentially open the door for a spot bitcoin ETF, Bloomberg analyst James Seyffart said on Twitter earlier this year. […]
This led to a sell-off in the market as investors feared a restrictive environment could lead to an economic downturn. Weakness in the top cryptocurrency led to a broader fall in the crypto market. Bitcoin’s slump comes a week after the asset touched three-month highs of $48,000. Data shows crypto exchanges saw significant cryptocurrency outflows, […]
In crypto markets, dogecoin CEO Elon Musk joining its board of directors. And for ether, FundStrat noticed that funding rates have been positive for 10 consecutive days. Still, the average volume of BTC supply held in long-term holder addresses has plateaued. Sector classifications are provided via the Digital Asset Classification Standard , developed by CoinDesk […]
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the […]
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the […]
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the […]
The “crypto is for criminals” narrative was built into the assumption that led the European Parliament to vote in favor of advancing strict new anti-money laundering rules with regard to crypto wallets. “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional […]
At the time, analysts at GlobalBlock said such initiatives by a $200-plus billion technology company would lead to increased mining efficiency and help more institutional investors to enter the sector and more people to adopt bitcoin because their ESG concerns would be allayed. ESG, particularly the “E” or environmental part of crypto mining has become […]
The maximalist ethos broadly resists change to Bitcoin itself, while also arguing that more complex blockchain systems have inherent and inevitably fatal flaws. In his post, Buterin frequently seems to echo these critiques of the system he conceived, including taking shots at Ethereum proposals to print money for developers. As he details with examples like […]
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the […]
Bitcoin traded as low as $44,200 on Thursday night after a two-month-high of $48,000 on Wednesday. Long-term targets are even grander: Strategists at institutional fund VanEck said in a recent note that each bitcoin could be worth as much as $4.8 million if it becomes the global reserve asset. However, there could be some reason […]
It is building a bitcoin-denominated reserve as an additional layer of security for UST, the fourth-largest stablecoin in circulation, as reported. Price charts show bitcoin continues to hold above its 200-day moving average at $47,200, building up strength ahead of a likely move to over $53,000, according to some traders. The leader in news and […]