Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes

Bitcoin slid under the $27,000 level during the Asia trading day, which lead to a market-wide decline in major cryptocurrencies as traders in broader equity markets reacted to poor U.K. inflation figures.The hotter-than-expected U.K. core Consumer Prices Index (CPI) rate came in at 6.8% – the highest since 1992 – against an expected figure was…

Dec 5, 2019 at 14:00 UTCUpdated Dec 5, 2019 at 15:42 UTCThe latest ethereum hard fork, Istanbul, is bringing Layer 2 solutions to the network – this time in the form of a payment channel.Cryptographic research hub Matter Labs released Thursday the testnet of ZK-Sync, in what the firm claims is a step toward making…

The Web3 industry is currently stagnating when it comes to delivering products that people will actually use, rather than just another gambling tool. This is a point of agreement among many in the space. For months, the conversation has revolved around when funding will arrive for consumer applications. However, there’s no consensus on who is

The institution set up a multi-legged strategy in Derive's onchain options market, generating $25 million in volume. The strategy will make the most profit if BTC rises to $80,000 by the end of November. 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 00:57 Is Bitcoin Losing Its

Good morning. Here’s what’s happening:Prices: As Asia's trading day begins with a minor rise in Bitcoin and dip in Ether, experts predict a pre-FOMC market correction, underlining digital assets' resilience amid US regulatory and debt challenges.Insights: The decline in the bitcoin options put/call ratio suggests that crypto investors are less worried than they were in…

Central bank digital currencies (CBDCs) have emerged at the forefront of financial innovation with striking and transformative momentum in recent years, having the potential to transform our perception of and interaction with money. For many of the world’s central banks, discussion around CBDCs has shifted from “if” they will be developed to “when” they will

news GENEVA — Twenty-one organizations have signed the Libra Association charter, days after a slew of high-profile defections from the cryptocurrency project started by Facebook. The Libra Association also named its board of directors and formalized the consortium’s executive team following a meeting in Geneva, Switzerland. Facebook still remains a key player in the project…

The biggest cryptocurrency exchange in the U.S. just set up its core principles for its institutional financial products.

news Delphi Digital Co-Founder Yan Liberman joined CoinDesk’s Brad Keoun on Monday, Nov. 4, to talk about last week’s flash crash on Deribit, a Netherlands-based cryptocurrency exchange, and the outlook for bitcoin. (The following is an edited transcript.) Brad Keoun: We’re here today with Yan Liberman. He’s co-founder of Delphi Digital, which is a research firm founded…