Bitcoin Drops Below $7K as Traditional Markets Flatline

It wasn’t long ago the Ethereum 2.0 upgrade went live on an official test network. Developers have been catching mission-critical bugs in the code ever since.  For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. “This is the biggest testnet launch that…

Jun 24, 2020 at 20:41 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: A Sea of Red Across Markets as Bitcoin Drops to $9.2KBitcoin started the week with a bullish run, but it has now given back all of those gains. Bitcoin (BTC) was trading around $9,296 as of 20:00 UTC (4 p.m. ET), slipping 3.5% over…

news Cryptocurrency exchange Binance has launched its new custom blockchain, Binance Chain, which will support its $3 billion BNB cryptocurrency that currently runs on ethereum. Announced Thursday, the exchange said it will activate BNB on the new network on April 23, after which holders of the token are encouraged to migrate their balances to the…

May 4, 2020 at 20:18 UTCUpdated May 4, 2020 at 20:19 UTCMarket Wrap: Bitcoin Dips to $8.8K but Optimism Seen Continuing Ahead of HalvingBitcoin’s trading volume was lower on Monday compared to the latter part of last week but traders appear to be staying optimistic ahead of the expected bitcoin halving next week. Bitcoin (BTC) was…

An early-stage app called Moonwalk lets users boost the stakes for their fitness goals.Customers contribute cryptocurrencies to join a challenge, and if they fail to meet their daily step goal, they surrender money to a prize pool shared by the other participants.SALT LAKE CITY — It was sometime around dinner as I was drinking a

Longtime Bitcoin (BTC) critic, Alex De Vries said each transaction on the Bitcoin network uses over 16,000 liters of water, which is enough to fill a small swimming pool.De Vries yesterday published a research paper with his findings, arguing that a combination of miner cooling systems and the water consumption fo miner energy sources are

ProShares will launch a bitcoin futures exchange-traded fund (ETF) tomorrow, the company confirmed in an SEC filing on Monday. CoinDesk first reported on Friday that the ETF was scheduled to launch this week.The U.S. Securities and Exchange Commission (SEC) greenlighted bitcoin futures ETFs on Friday.ProShares filed for its Bitcoin Strategy ETF this past summer. The…

Sage D. Young is a tech protocol reporter at CoinDesk. He owns a few NFTs, gold and silver, as well as BTC, ETH, LINK, AAVE, ARB, PEOPLE, DOGE, OS, and HTR. PEPE, the hype-fueled memecoin that jumped more than 2100% in price since it debuted last month, has been buzzing with interest on decentralized exchange…

news With the recent unveiling of Facebook’s Libra cryptocurrency raising regulatory questions, France is forming a task force within the Group of Seven (G7) nations to examine the issues. Reuters reports Friday, that the governor of the French central bank, Francois Villeroy de Galhau, indicated the crypto task force would be headed by European Central Bank…