Bitcoin News Roundup for April 27, 2020

Cryptocurrencies slid Tuesday as Kraken started to distribute assets to creditors of defunct exchange Mt. Gox, with the potential sell pressure weighing on the market. Bitcoin {{BTC}} tumbled to $65,500, down nearly 4% over the past 24 hours, while bitcoin cash {{BCH}} plummeted more than 7% over the same period. The broad-market crypto benchmark CoinDesk

When BitTorrent sold to the founder of controversial crypto startup Tron, it wasn't just one of web 2.0's earliest and most prestigious startups that changed hands. It turns out, the peer-to-peer sharing company now owned by Tron founder Justin Sun also took a small stake in Chia Network, a soon-to-be-launched cryptocurrency protocol helmed by BitTorrent…

news Altonomy, a cryptocurrency trading desk, has closed a $7 million financing round from Polychain Capital. The company, founded by Ricky Li, is also funded by 7 Blocks. “As a liquidity provider for altcoins, more funding will allow us to have more inventory, taking larger exposure and managing risk more effectively,” said co-founder Li “We…

NEWS Aug 28, 2018 at 04:00 UTC A new survey from Deloitte found that 40 percent of executives from the telecom, media and technology (TMT) space want to invest millions in blockchain research during the next year. Published Tuesday morning, the findings – included in a report from the Deloitte Center for Technology, Media & Telecommunications…

Dec 18, 2019 at 17:48 UTCUpdated Dec 18, 2019 at 18:05 UTCLukka CEO Jake Benson image via CoinDesk archives‘TurboTax’ for Crypto: Accounting Firm Lukka Debuts Tax Tool for Retail InvestorsLukka, one of the first accounting firms for digital assets, is offering a TurboTax-like service to retail crypto investors starting on Jan. 15. The move, announced Wednesday,…

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesJPMorgan has carried out its first live blockchain-based collateral settlement transaction involving BlackRock and Barclays, the U.S. banking giant said on Wednesday. JPMorgan’s Ethereum-based Onyx blockchain

Inflation growth keeps falling. One of my most vivid memories of the COVID pandemic was rediscovering lunch. The moment that I fondly remember was realizing my favorite deli, The Wine Merchant, was still open for business. You see, for the initial three to four weeks of the pandemic, my wife, children, and I really didn’t

Nov 16, 2020 at 5:52 p.m. UTCBlockchain Bites: Data Unions. Hard Forks. And One Citi Analyst’s Case for $300K BTC.A Citibank managing director thinks bitcoin could hit $318,000. MIT researchers resoundingly reject blockchain-based voting. And Bitcoin Cash’s latest fork looks set to fail.Top shelfTechnical comparison?A Citibank executive published a report predicting that bitcoin could reach…

BTC ACCEPTED HERE: Lola Luna lingerie saw a steady stream of bitcoin payments in 2019. (Courtesy photo)Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips. According to BitPay CMO Bill Zielke, the payment processor facilitated $1 billion worth of cryptocurrency transactions in 2019, with bitcoin leading the…