Bitcoin Awaits Decisive Move as Price Range Tightens

Nov 27, 2020 at 10:35 a.m. UTCUpdated Nov 27, 2020 at 10:58 a.m. UTCChinese policeman(Chalermpon Poungpeth/Shutterstock)Chinese Authorities Have Seized a Massive $4 Billion in Crypto From PlusToken ScamA police crackdown on the PlusToken Ponzi scheme in China has resulted in cryptocurrencies worth billions of dollars being seized.In a Nov. 19 court ruling reported by The…

Dec 1, 2020 at 5:44 p.m. UTCUpdated Dec 1, 2020 at 6:10 p.m. UTCGemini Donates $50K to HRF to Help Fund Another Round of Bitcoin Developers in 2021The Human Rights Foundation has secured donations to fund even more Bitcoin developers in 2021, and it’s capping off 2020 by adding another beneficiary to its grant program. Shared…

Aug 19, 2020 at 16:06 UTCUpdated Aug 19, 2020 at 16:14 UTCCynthia Lummis (Lummis For Wyoming website)Cynthia Lummis, a former U.S. Representative and current bitcoin advocate, has won her primary race to join the U.S. Senate representing Wyoming. Lummis beat nine other Republican candidates on Aug. 18, and has now advanced to the general election…

news Japan’s interminable winter for cryptocurrency exchanges seems to have thawed. The Financial Services Agency (FSA), Japan’s top financial watchdog, told crypto news site Bitcoin.com that 110 exchanges are in “various stages of registration.” In 2018, the FSA, did not grant approval for any crypto exchanges to begin operating in the country. The year prior, the…

Yesterday, CoinDesk was lucky enough to sit down with Richard Teng, the new CEO of Binance. It was a chance for us to meet with the man entrusted to run the world’s biggest crypto company at a fascinating time. Teng, a former regulator, was appointed last year as Binance reached a $4.3 billion settlement with

news Crypto exchange Bitfinex will list its new exchange token, LEO, on Monday after purportedly raising $1 billion from the initial offering. In an announcement Friday, Bitfinex said that the token – whose full name is apparently UNUS SED LEO, also the name of the token’s formal issuer – will be listed on its platform and…

news Coinone has signed deals with CertiK and Xangle to improve security and enhance disclosure, according to an announcement from the company. The number three Korean crypto exchange says that it will be working with Xangle on investor protection and project transparency. With CertiK, it will be focused on the security of the code, technology…

Nov 27, 2020 at 3:16 p.m. UTCBank of Russia Fields Banking Industry Concerns Over Digital Ruble ProposalThe deputy chairwoman of the Bank of Russia, Olga Skorobogatova, met with representatives of several major banks Thursday, seeking early feedback on the concept of a digital ruble. According to Russian newspaper Kommersant, the bankers were chiefly concerned over…

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.Latest PricesTop StoriesMicroStrategy (MSTR), the largest corporate holder of bitcoin (BTC), added more to its holdings on Wednesday, buying 14,620 BTC for around $615.7 million. The company's executive