Another US County Hits Pause on Crypto Mining Power Requests

Dec 4, 2020 at 10:59 p.m. UTCUpdated Dec 4, 2020 at 11:07 p.m. UTCMicroStrategy CEO Michael Saylor (Charles Norfleet/Getty Images)MicroStrategy Buys Additional $50M in BitcoinMicroStrategy CEO Michael Saylor announced his company’s third bitcoin purchase on Twitter Friday evening, per SEC filings the same day. Saylor purchased 2,574 bitcoins for $50.0 million in cash bringing the…

May 15, 2020 at 14:40 UTCUpdated May 15, 2020 at 14:41 UTCCredit: New York Public LibraryCentral banks in 46 countries are considering creating a central bank digital currency (CBDC) using a constrained form of distributed ledger technology (DLT), according to a new survey. But they're leery of blockchain.London-based journal Central Banking, a specialized publication supported,…

For the first time in three months, bitcoin’s price is being quoted in five digits to the left of the decimal. The top cryptocurrency crossed above $10,000 at 04:10 UTC and printed a high of $10,176 during the early European trading hours. That was the highest level since Oct. 26, according to CoinDesk’s Bitcoin Price Index. At…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Bitcoin (BTC) quickly bounced back after tumbling to a three-month low of less than $25,500 on Tuesday following news that Coinbase (COIN), had been sued by the U.S.…

Oct 29, 2020 at 15:00 UTCCryptocurrency custody platform Casa’s users can now purchase bitcoin (BTC) on the platform using their bank account. The platform announced on Thursday that it is currently rolling out the service for its U.S. customers, and that the bought BTC would be directly deposited to a user’s wallet. Casa said users can…

opinion Kirk Phillips is an entrepreneur, certified public accountant (CPA) and author of “The Ultimate Bitcoin Business Guide: For Entrepreneurs & Business Advisors.” Adam B. Levine is the creator of the long-running Let’s Talk Bitcoin! podcast and founder of Tokenly Inc. At first glance, Facebook’s Libra cryptocurrency doesn’t make sense.  On its face, it is…

Users of the Coinbase crypto exchange can now access their Coinbase wallet through a standalone browser extension, bypassing the need to confirm transactions on their smartphones, the company said in a blog post Monday.Coinbase first introduced the extension in May, and now customers can use it to browse decentralized apps, access thousands of cryptocurrencies, trade…

Not long after the debut of BlackRock’s bitcoin exchange-traded fund (ETF), the asset manager’s CEO Larry Fink effectively began the marketing drive for a second spot ETF product with the underlying cryptocurrency of Ethereum, citing the value of that blockchain’s transformational utility.The Wall Street machine needs to be fed and pushing more crypto ETFs is

Dec 9, 2020 at 9:15 p.m. UTCUpdated Dec 9, 2020 at 9:18 p.m. UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total LockedBitcoin is holding just above $18,000 but analysts are mixed on where it will head, DeFi’s total value locked looks to have momentum but that might…