Bitcoin Eyes Short-Term Bear Market After Two-Week Lows
Bitcoin has retraced 40 percent of the rally from the June low of $5,755, signaling a short-term bullish-to-bearish trend change.
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TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg
State Street, a Boston-based asset management and banking giant, is exploring creating stablecoins and tokenized deposits to settle transfers on blockchain rails, Bloomberg reported Wednesday citing a source familiar with the matter. The bank also weighs participating in "digital-cash consortium efforts" and is "looking at settlement options" via Fnality International, a fintech firm in which
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Game Show Winner Loses $39K in Bitcoin Facebook Scam
Aug 18, 2020 at 09:01 UTCA former winner of the game show Deal or No Deal has been scammed out of his retirement savings after investing in bitcoin through an ad on Facebook. According to a Daily Record report on Tuesday, Scottish retiree Graeme Garioch was defrauded of £30,000 (US$39,400) by a phony investment company.The…
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Visa Eyes Mass Adoption of Crypto by Testing On-Chain Gas Fee Payment Through Fiat
Visa has finalized the testing for a process that would allow users to pay the on-chain gas fees in fiat currency through card payments, the company wrote in a blog post on Thursday.The payments giant said blockchain technology could “shape the future of money movement” and has gained significant adoption in the past few years.…
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CoinDesk 20 Performance Update: UNI and ICP Lead Gains as Index Climbs 1.1%
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023 , CoinDesk was acquired by the Bullish group, owner of
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Some Asian Traders Are Using Polkadot to Predict Bitcoin’s Future
DOT reached its all-time high of $13.22 just six days after bitcoin’s price reached a new all-time high.(Tusik Only/Unsplash)Jan 14, 2021 at 9:56 p.m. UTCSome Asian Traders Are Using Polkadot to Predict Bitcoin’s FutureAs prices for bitcoin and other cryptocurrencies continue to surge this year, many traders are looking for any indicator for when –…
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Bitcoin Miner Bit Digital Passes $1B Market Cap
Jan 10, 2021 at 11:17 p.m. UTCDaily price action for shares of Bit DigitalBitcoin Miner Bit Digital Passes $1B Market CapBitcoin mining firm Bit Digital (BTBT) now has a market value above $1 billion, up from $6.2 million a year ago.Shares of the New York-based company have soared nearly 7,500% in the past year, currently…
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Bitcoin Price Crash to $50K Dashes Carry Traders’ Hopes
Bitcoin futures trade at par or meagre premium to spot prices. The decline in premium dents the appeal of cash and carry arbitrage strategies. Bitcoin's (BTC) latest price crash has narrowed the gap between futures and spot prices, denting the appeal of carry trades that seek to profit from discrepancies between the two markets. The
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The FBI Is Looking for QuadrigaCX Victims
news Multiple criminal investigative agencies within the U.S. are looking into the circumstances of the now-defunct Canadian crypto exchange QuadrigaCX. According to a press release published Monday, the FBI, the Internal Revenue Service’s Criminal Investigation division (IRS-CI), the U.S. Attorney General’s office for the District of Columbia and the Department of Justice’s Computer Crime and…