Bitcoin News Roundup for April 15, 2020

The whale purchases marked a change in behavior compared to their inaction during previous dips over the past week.The action perhaps helped bitcoin's rebound to $65,000, marking the $60,000 level as a key support level for bitcoin's price where buyers step in.Large bitcoin (BTC) investors substantially increased their holdings as prices dipped below $60,000 in

news Members of ethereum’s open-source development community tentatively agreed Friday to implement a new algorithm that would block specialized mining hardware, or ASICs, pending further testing on the proposed code. If accepted by the network of users that run the ethereum software, the code change, dubbed “ProgPoW,” would block ASICs, such as those made by…

Bankrupt crypto firms FTX and Genesis have reached an agreement in principle that would resolve claims made by both parties in their ongoing dispute.“The Parties have reached an agreement in principle, subject to documentation, regarding a settlement that would resolve, among other things, the claims asserted by the FTX Debtors against the Debtors in these…

Apr 7, 2020 at 16:34 UTCUpdated Apr 7, 2020 at 16:40 UTCBlockchain Bites: China’s Commitment, Sanctions Evasion and a Look at Bitcoin’s CoreExperts are aligned in thinking the Democratic People's Republic of Korea is using a billion dollar cryptocurrency war chest to bust sanctions. The pieces of the puzzle are falling into place, said Priscilla…

Take a look at the frontpage of CoinDesk today and you could be forgiven for thinking our site is all about Bitcoin. Just look at the headlines: BTC is above $50k. Options traders are betting on $75,000. Bitcoin’s market cap is back above $1 trillion. Bitcoin ETFs have accumulated $11 billion since being approved in

Jul 27, 2020 at 13:16 UTCUpdated Jul 27, 2020 at 13:28 UTCRoller coaster (Olivier Tabary/Shutterstock)The likelihood of bitcoin challenging record highs by the end of the year may have have increased with the cryptocurrency’s violation of major price resistance – but don’t raise your hopes too high just yet. Bitcoin jumped above $10,300 on Sunday,…

news Bitcoin’s “lightning torch” saw none other than Twitter CEO Jack Dorsey snatch up the ongoing payment experiment and pass it on Tuesday. As CoinDesk reported today, users have been passing around a so-called “lightning torch” – a running game wherein each participant adds a little bitcoin to a payment, then passes it onto someone…

The market is bullish on both cryptocurrencies, for different reasons.CoinDesk's Bitcoin Price IndexFeb 11, 2021 at 9:27 p.m. UTCMarket Wrap: Bitcoin Near $48K While Ether Transaction Fees Surge AgainBitcoin was trading between $47,000 and $48,000 for much of Thursday, breaking the $48,000 level multiple times throughout Thursday. Traders and analysts told CoinDesk they remain bullish…

Mar 27, 2020 at 13:00 UTCUpdated Mar 27, 2020 at 13:40 UTCOLD GUARD: The Bretton Woods gathering in 1944 entrenched the dollar’s near-century-long reign as the world’s dominant currency (Credit: U.S. Office of War Information in the National Archives, via World Bank).After Coronavirus ‘War,’ Bretton Woods-Style Shakeup Could Dethrone the DollarFor governments, fighting the coronavirus…