3 Charts Suggest Bitcoin Prices Could Be Headed Higher
The technical charts continue to call a rally to $7K despite bitcoin showing signs of exhaustion around $6,500.
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Follow, a New Social Protocol for Web 3.0
The internet is currently an oligopoly, where social media giants make huge profits by monopolizing users’ social identities and data. They can also change the rules of the game whenever they want, which negates the original spirit of the internet where openness and sharing are the core principles. When it comes to building Web 3.0…

Is Hamas Using Crypto to Attack Israel? We Don’t Know
This Tuesday, Oct. 10, the Wall Street Journal put out a report claiming that Hamas and other Palestinian terrorist groups were using crypto to finance their operations. “Hamas Militants Behind Israel Attack Raised Millions in Crypto” read the headline.The piece, based on analysis from blockchain forensics groups, claimed that, between August 2021 and June this

These Hot Crypto Tokens Beat Bitcoin Gains in Q2. Here’s What Drove Prices and What’s Next
BRETT, TON and KAS Shine in a lame quarter for the broader crypto market. TON's surge stemmed from messaging giant Telegram's involvement, while KAS benefitted from sentiment around its technology stack. BTC mining stocks, artificial intelligence (AI) and the gaming sector might stand out in the third quarter. The second quarter saw three tokens –

High-Frequency Trading Is Newest Battleground in Crypto Exchange Race
feature The Takeaway High-frequency trading (HFT), a longtime and controversial practice in traditional markets, is becoming commonplace in crypto, too. Placing trading servers physically close to exchanges’ matching engines can win an edge on speed. This helps HFT firms make large profits in the legacy markets. Crypto exchanges such as ErisX, Huobi and Gemini are…

What Still Needs to Happen Before Spot Ether ETFs Can Trade
There's a lot of excitement over the possibility that a spot ether exchange-traded fund (ETF) may be around the corner. Here's what still needs to happen before one may launch. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Following

‘Buy the Rumor, Buy the News,’ on Spot BTC ETF, Says One Expert, While Another Warns on Coinbase
The approval of a spot bitcoin ETF could have a huge impact on the crypto industry, more so than other previous milestones.Analysts at JPMorgan say that the nearly 50% increase in the price of bitcoin over the last two months speaks to the potential.Coinbase may be a long-term beneficiary but could face more immediate negative

NEAR Pushes ‘Signatures’ on Mainnet, in Growing Trend of Chain Abstraction
NEAR Foundation, the non-profit behind the NEAR blockchain, announced on Thursday that a new feature designed to make it easier to seamlessly transact between networks is live on mainnet – adding to a growing trend of projects working on a design concept known as "chain abstraction." The feature, Chain Signatures, was introduced in testnet in

Bitcoin Usage Among Merchants Is Up, According to Data From Coinbase and BitPay
BTC ACCEPTED HERE: Lola Luna lingerie saw a steady stream of bitcoin payments in 2019. (Courtesy photo)Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips. According to BitPay CMO Bill Zielke, the payment processor facilitated $1 billion worth of cryptocurrency transactions in 2019, with bitcoin leading the…