Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

What People Who Aren’t Bullish on Bitcoin Still Like About ItIn this audio interview, CoinDesk’s Leigh Cuen and researcher Nadia Eghbal, author of the upcoming book “Working in Public,” talk about open-source software projects. From platforms like Github to software languages like Rust, Cuen and Eghbal explore what the open source movement looks like in…

feature ING, the Netherlands megabank blazing a trail with extra privacy measures for enterprise blockchains, has come up with such a solution for the Corda distributed ledger system built by R3.  Announced Tuesday at the annual developer conference CordaCon, ING has helped solve a security/privacy trade-off that currently bedevils Corda users. The bank’s blockchain team…

NEWSINBRIEF Tobacconists in France are reportedly going to be selling bitcoin to the public from New Year. According to France-based radio station Europe 1, tobacco retailers will be offering bitcoin vouchers in denominations of 50, 100 or 250 euros (around $57, $114 or $285) from Jan. 1, 2019. Local crypto startup Keplerk is said to have…

99Pay, la billetera digital de la compañía brasileña de red de transporte 99, permitirá la compra y venta de bitcoin en su plataforma, según anunció la empresa el martes.Los usuarios de 99Pay podrán realizar transacciones sin comisiones con un importe mínimo de compra de 10 reales brasileños y un máximo de 10.000 reales —equivalente a…

NEWS Messenger app maker Kik is quitting ethereum for good as it continues to develop its cryptocurrency, dubbed kin. Launched on ethereum early in the ICO boom, Kik has now announced that it will close kin’s atomic swap with ethereum. Without specifying a date, the Kin Ecosystem Foundation said Wednesday that it would soon release a…

Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to be licensed by a central bank. Revealed exclusively to CoinDesk, Rain Financial has opened its public waiting list after a year in the Central Bank of Bahrain's fintech sandbox. Co-founded by Saudi blockchain consultant Abdullah…

Rosie Perper is the Deputy Managing Editor for the Web3 news section, focusing on the metaverse, NFTs, DAOs and emerging technology like VR/AR. She has previously worked across breaking news, global finance, tech, culture and business. She holds a small amount of BTC and ETH and several NFTs.Tessera, a protocol that enables collective ownership and…

Sep 9, 2020 at 11:40 UTCUpdated Sep 9, 2020 at 11:43 UTC(dario hayashi/Shutterstock)Bitcoin’s Correlation With Gold Hits Record HighBitcoin is now more closely tied to safe-haven gold than ever, possibly bringing the cryptocurrency greater resilience to risk aversion in the traditional markets. The 60-day correlation between the two assets is hovering at record highs above…

Bitcoin (BTC) and ether (ETH), the top two cryptocurrencies by market value, have been unusually calm for over two weeks. The range play probably stems from the market running into competing narratives and influences.There is another powerful force at work, an invisible hand of crypto options market makers, partly responsible for keeping prices rangebound, according…