Bitcoin Erases 75% of October Price Rally as S&P 500 Hits Record Highs
Follow us
Get the Latest from CoinDesk
Sign up for our newsletter
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy
Please enter a valid email address
Related Posts


Biden’s Blunder Ignites Trading Frenzy on Polymarket
This week in prediction markets: Will he stay or will he go? Short term stability for BTC prices, but a dip below $50K is in the cards before a rally to over $75K "Stranded" astronauts unlikely to depart International Space Station via Boeing ship in late July U.S. President Joe Biden's performance at last week's

Worldcoin Gains 40%, Hits Record High as AI Tokens Surge on Nvidia
OpenAI CEO Sam Altman’s Worldcoin (WLD) token hit record highs on Thursday alongside a broader rally in artificial intelligence (AI)-related tokens.AI cryptocurrencies initially jumped in price Wednesday evening after chipmaker Nvidia (NVDA) beat lofty fourth-quarter earnings and first quarter guidance expectations and the move has gained strength since.Taking the lead in terms of gains is

Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms, Banks Open to Custody
Aug 11, 2020 at 17:44 UTCUpdated Aug 11, 2020 at 18:12 UTC(Kriangkrai Thitimakorn/Shutterstock)Blockchain Bites: MicroStrategy’s $250M Bitcoin Bet, India Booms, Banks Open to CustodyMicroStrategy bets $250 million on bitcoin’s safe haven thesis. Indian crypto is booming. And David Marcus has a new role at Facebook. Top shelfBanks buying“Major U.S. banks might be willing to support…

Web3 Marketing Needs Some of Apple’s Secret Sauce
The launch of Apple’s Vision Pro headset has been perhaps the most controversial in its recent history – certainly, the biggest pivot since the company moved into the telecommunications market with the launch of the iPhone in 2007. Presenting the innovation at the time, then-CEO Steve Jobs claimed that it would “reinvent the phone.” Boy

Terra Classic Hopefuls Mull Revival of Failed UST Stablecoin
“To bring some utility to USTC and take it out of circulating supply in the process, I propose that we create a new savings/staking module for USTC with 1month, 6month and 12month lockup periods with increasing reward rates for longer lockup," the proposal continued. "This module is purely about taking USTC out of circulating supply…

Cambodia Readies a Blockchain-Based Digital Currency
Jan 30, 2020 at 17:00 UTCThe National Bank of Cambodia (NBC) is readying a central bank digital currency (CBDC) to be launched at some point during the current fiscal quarter. Chea Serey, NBC's director-general, told the Phnom Penh Post this week the central bank was developing "the national payment gateway for Cambodia" as a blockchain-based,…
Crypto Derivatives DEX Aevo’s Token Jumps 10% as Binance Labs Discloses Investment
Binance Labs did not disclose the size and form of the investment.Aevo saw a surge in trading activity leading up to its token launch in March, but volumes have faltered since then.The native token of decentralized crypto derivatives trading platform Aevo climbed Tuesday after Binance Labs, the investment and research arm of crypto exchange giant

‘I Didn’t Buy It to Sell It. Ever.’ MicroStrategy’s Michael Saylor on Shifting $425M From Cash to Bitcoin
Sep 18, 2020 at 19:00 UTC(Dr0ng/iStock via Getty Images Plus)‘I Didn’t Buy It to Sell It. Ever.’ MicroStrategy’s Michael Saylor on Shifting $425M From Cash to BitcoinThe CEO of publicly traded MicroStrategy (MSTR) shares why he started to feel like he was “sitting on a 500-lb block of ice” and how he came to bitcoin…