The Stablecoin Surge Is Built on Smoke and Mirrors
Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist.
Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist.
The post-Bretton Woods system is on the ropes, but what's driving interest into bitcoin is price volatility and the upcoming halving event.
Bitcoin has again rallied sharply in the weeks leading up to the impending halving event, but if historic patterns are anything to go by the cryptocurrency could suffer a temporary price pullback following the event.
Bitcoin's underlying technology and monetary system make it one of the few investable assets that is immune to the economic fluctuations we have ahead.
In a significant deviation from the norm, bitcoin miners just produced 16 blocks in 63 minutes.
Traditional markets continue to get whalloped on terrible economic numbers while bitcoin holds ground ahead of the halving.
On Thursday, hourly trading volume in Tether Gold climbed to over $13 million, up from roughly $1 million the day before.
Bitcoin beats the markets while wallet demand rises. It's CoinDesk's Markets Daily podcast.
Spot and futures markets reflect the strong bullish sentiment of American investors.
Tezos is outstripping the usual crypto leaders on the outside track, possibly down to an increase in the number of exchanges offering staking as a service.
Bitcoin is rising so far on Friday but the price rally looks overstretched and gains may be transient.
Bitcoin cooled off after jumping to its highest levels in nearly two months, when it was up as much as $9,478. Yet, stakeholders say crypto interest remains strong.
Large crypto investors, popularly known as “whales,” seem to be accumulating bitcoin amid the ongoing price rally.
Here comes the BTC price bump while Telegram pulls back on its token sale. This is CoinDesk's Markets Daily podcast.
BTSE, a Dubai-based cryptocurrency exchange, has upped the limit for its over-the-counter request for quote (RFQ) due to April's surge in bitcoin demand.
"Digital gold" has surged past the yellow metal to become one of the year's best performing assets, up more than 20% in 2020.
Call options on bitcoin are drawing higher prices following the cryptocurrency's quick move to two-month highs.
Fear of missing out, or FOMO, ahead of the halving, along with strength in stocks despite bad economic data, appear to be driving bitcoin’s ascent.
"It's clear that the effects on the economy are severe," said Federal Reserve Chair Jerome Powell. "We won't run out of money. It's an unlimited pot."
Coinbase experienced a temporary outage as daily volume spiked to over $320 million amid bitcoin’s rally to $8,900.
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Prices jumped above $8,100 on Wednesday, making an April gain for the fifth consecutive year all but certain.
Money printer goes brrr, but does it necessarily mean big inflation?
The firm says it's implemented "volatility interruptions" to protect traders from having all their stops triggered in a flash crash.
Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches.
New data support the idea that small bitcoin investors are multiplying rapidly. Anecdotal evidence suggests much of that growth is happening in the U.S.
A planned upgrade that would allow token holders to earn staking income is bringing out users in droves to Kyber Network, a decentralized exchange.
Invented by white shoe New York City law firms, the two-step Simple Agreement for Future Tokens (SAFT) was supposed to keep crypto companies out of trouble. Now, the SEC is coming full bore for startups like Kik and Telegram.
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Bitcoin’s third halving is less than two weeks away. Some traders are less than bullish ahead of the event.