Bear Breather? Bitcoin Looks Oversold After 50% Price Drop Since June

A federal judge ruled against Monkey Capital after finding he defrauded victims in an initial coin offering.

On Wednesday, investors pulled a record $563 million from the U.S.-based spot bitcoin ETFs.Fidelity's FBTC led the outflows, followed by GBTC, ARKB and IBIT.Powell ruled out a rate hike as the next move, catalyzing a brief bounce in BTC.Investors dumped U.S.-based spot bitcoin (BTC) exchange-traded funds (ETFs) at the fastest pace on Wednesday, even as

Flexa Components allows customers to pay at a retail point-of-sale with USDC and other crypto. Flexa says it has signed up a number of well-known retailers to the platform 00:58 Why This Investor Is Bullish on Monero 02:04 Sen. Schumer Says U.S. Crypto Bill Can Happen This Year; ZynCoin's New Physical Collectible 01:10 Bitcoin Price

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news It was 2047, not 2019, in ConsenSys CEO Joseph Lubin’s keynote address Saturday in Red Hook, Brooklyn. To close out the 2019 Ethereal Summit in Brooklyn, he foresaw a future where assets had all been tokenized, the web was completely decentralized and networks organized around topical interests had become roughly as important to human…

At last month’s Consensus 2023, CoinDesk hosted two invitation-only Investor Manager Roundtables, one designed specifically for institutional investors (35 pensions, single family offices, sovereign wealth funds, and endowments and foundations) and the other for asset allocators (50 fund of funds, asset managers, and pension consultants).With the help of AIMA’s Michelle Noyes (thank you, Michelle), I …

Governments should recognize the unique qualities of the internet.The private sector should lead.Governments should avoid undue restrictions on electronic commerce.Where governmental involvement is needed, its aim should be to support and enforce a predictable, minimalist, consistent and simple legal environment for commerce.Electronic commerce on the internet should be facilitated on a global basis.In the ensuing…

Jun 11, 2020 at 07:00 UTCFilecoin is entering the final phase of testing, ahead of a mainnet launch later this summer. (Credit: Shutterstock)Decentralised storage network provider Filecoin announced the launch of the ‘Incentivized Testnet’, the final phase of testing for its decentralized storage network, on Wednesday.  In a press statement emailed to CoinDesk, the firm…

The decision was announced in a social media post that did not provide a reason for the move.Binance said that less than 1% of its users in the regions would be affected.Binance is discontinuing its crypto-backed debit card in Latin America and the Middle East, according to a post on X, formerly Twitter, by its…