Bitcoin Drifts Down as Price Breaks Below Key $7.8K Support

Speaking of Bitcoin on the CoinDesk Podcast Network is brought to you by CrystalBlockchain.com.Join hosts Adam B. Levine, Jonathan Mohan and Andreas M. Antonopoulos as they dissect the October global financial stability report from the International Monetary Fund (IMF) subtitled “COVID-19, Crypto and Climate: Navigating Challenging Transitions.” An entire chapter of the report is dedicated…

Jan 5, 2021 at 9:04 a.m. UTC(Jonathan Weiss/Shutterstock)JPMorgan Predicts Bitcoin Price Could Rise Over $146,000 in Long TermInvestment banking giant JPMorgan has called a long-term bitcoin price target of over $146,000 based on the assumption that the cryptocurrency will grow in popularity as an alternative to gold, Bloomberg reports.“A crowding out of gold as an…

Frederick Munawa is a Technology Reporter for Coindesk. He covers blockchain protocols with a specific focus on bitcoin and bitcoin-adjacent networks. Lightning Network infrastructure firm Lightning Labs has rebranded its Taro project to Taproot Assets and released a software update after a contentious trademark infringement suit was filed by blockchain software development firm Tari Labs…

Cameron and Tyler Winklevoss are reportedly suing early bitcoin investor and entrepreneur Charlie Shrem over thousands of bitcoin they allege he owes them from a previous business deal. According to a report from The New York Times on Thursday, Shrem – who previously spent a year in prison for money laundering and operating an unlicensed money-transmitting business…

Copper is interviewing candidates to replace CEO Dmitry Tokarev, who is stepping aside to assume a founder's role at the company. Last month, executives Boris Bohrer-Bilowitzki and Mike Milner left to join blockchain firm Concordium. 02:27 An HBO Documentary Is Set to Reveal Satoshi's Identity; U.S. Added Blowout 254K Jobs in September 00:58 Should You

news Cryptocurrency data provider CoinMarketCap has excluded bitcoin prices provided by the troubled Bitfinex exchange from its weighted average calculation. Now, when checking BTC/USD data on CoinMarketCap, it shows a single asterisk mark for Bitfinex’s price, with the message at the bottom “Price excluded.” Notably, at time of writing, bitcoin is trading at a premium of over $300 on…

Jun 29, 2020 at 21:20 UTCHumility Before a Fall: Your Crypto Startup Hasn’t Done Anything YetDave Balter is the CEO of Flipside Crypto. His book, “The Humility Imperative,” will be released on June 30. This is a message to every cryptocurrency entrepreneur, employee, executive or leader: Dig a hole, throw your ego into it and…

The city will seek a vendor to help City Hall pay all or part of its employees' salaries in bitcoin. Residents would also have the option of using cryptocurrency to pay for city services.Feb 12, 2021 at 12:25 p.m. UTCMiami Commissioners Reject Mayor’s Push to OK Crypto Use, Vote to Study It First: ReportMiami’s city…

Nov 20, 2020 at 5:35 p.m. UTCBitcoin "whales" have been known to make waves in the market. (National Gallery of Art, modified by CoinDesk)First Mover: Bitcoin ‘Rich List’ Grows as Whales HODL and Price Retakes $18KBitcoin reached fresh 35-month highs above $18,400 during the European trading hours.  The cryptocurrency has failed to keep gains above…