Bitcoin Back Over $8K as Traditional Markets Rebound
Bitcoin is witnessing recovery rally alongside stocks and oil, a day after hitting two-month lows.
Bitcoin is witnessing recovery rally alongside stocks and oil, a day after hitting two-month lows.
The announcement comes a week after the country's supreme court overturned a two-year banking ban for cryptocurrency firms.
Until the value investing revolution led by Graham and Dodd, investors often gambled rather than invest rationally. Crypto has yet to go through a similar change, but it's started, says Arca CIO Jeff Dorman.
As traditional markets undergo a level of anxiety not seen since the 2008 recession, the cryptocurrency industry showed few existential signs of distress.
“I don’t think any asset is safe right now – except cash, U.S. dollars.”
Motion sickness, but still.
Solana is looking to raise up to $12M at a $125M valuation, touting potential relationships with Dish and Kin in a pitch deck seen by CoinDesk.
IBM and Oracle are working on an interoperability project that could unite the business consortia on the companies' respective blockchain platforms.
Bitcoin’s recent price drop has caught many investors off guard. However, a key metric showing worry among the miners gave a warning several weeks ago.
The price of bitcoin dropped sharply over the past 24 hours as a confluence of events has led to traders hitting the sell button.
Markets crater as scams plague bitcoin. This is the Markets Daily Podcast from CoinDesk.
First Digital Trust has won backing from Taiwan-based Nogle for its upcoming Asia-focused crypto settlement solution for institutions.
CoinDesk's Noelle Acheson points out the real narrative shift is in the broader market, not bitcoin.
Thirty-eight banks have started using the platform since it entered the test phase in September 2018.
Bitcoin has quickly plunged to two-month lows, with some analysts suggesting an over-$100 million liquidation by PlusToken scammers as the cause.
As part of a $39.7 million investment in FAT Brands, DBRS Morningstar has for the first time rated securities issued on a blockchain.
The Boston Options Exchange modified its plan to launch a security token exchange, increasing its required market makers and bringing its listing standards closer to the NYSE's.
The gig economy is unfair to many workers. We need tokenized co-operatives, says Gys Hough, a Dutch VC.
The price of bitcoin has fallen to a one-month low below $7,900, amid a wider sell-off in the global financial markets.
The DeFi-friendly Argent wallet just raised $12 million.
The idea of everyone issuing their own tokens, and transacting freely without government involvement, is nothing but a lovely dream.
Micree Zhan, the ousted co-founder of Bitmain, has filed another lawsuit in his fight to regain control of the bitcoin mining giant – this time in China.
Stellar Foundation CEO: Blockchain offers financial on-ramps for women who previously have been excluded from systems of credit and wealth accumulation.
An only-partial court victory and the possibility of legislation banning crypto mean the industry’s legal status in India remains vulnerable.
The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing via a SAFE, the company confirmed to CoinDesk. But AlphaPoint would not say who provided the financing or its terms.
No new guidance is expected to come from Tuesday’s IRS Crypto Summit, but that the event happened at all is still a positive sign for the industry.
Bitcoin’s return above the $9,000 mark may have been driven by some of the same forces causing a rally in bonds – a desire for respite from a coronavirus-plagued markets.
The controversial proposed change to Ethereum’s mining algorithm failed to change status after meeting resistance during Friday’s core developers call.
A digital yen could have serious unintended consequences, the Bank of Japan's deputy governor warned.
GrainChain, a blockchain platform for tracing commodities, raised $8.2 million from Medici and Eden Block.