Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally

NEWS Sep 18, 2018 at 08:00 UTC The chief accountant for the Securities and Exchange Commission has said that companies have a responsibility to follow accounting standards when working with blockchain and digital assets. Wesley Bricker spoke before the AICPA National Conference on Banks & Saving Institutions in Washington, D.C., on Monday, remarking that "it…

The dominant model of token distribution in the crypto space these days is the so-called “low-float, high FDV” launch. In this model, projects launch with a low fraction of the total supply in circulation, where most of the supply is locked, typically unlocking gradually after a year. This low circulation is often coupled with, and

With bitcoin hovering around $32K for a fourth straight day and top Ivy League universities said to be accumulating crypto, CoinDesk’s Market’s Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories: The brain trust has blessed cryptocurrencies, with endowments for Harvard and…

Jan 17, 2020 at 16:01 UTCUpdated Jan 17, 2020 at 16:27 UTCMobile wallet provider BRD is making something of a pivot, launching a suite of tools aimed at allowing blockchain developers to more easily build apps for enterprises.Called Blockset, the new offering – announced Friday – is described as a blockchain data integration platform with…

StarkWare, the developer firm behind Starknet, a layer-2 blockchain atop Ethereum, announced Tuesday together with the Starknet Foundation that about $3.5 million of fees paid on the network will go to developers as part of the recently announced “Devonomics” program.According to a press release, about 10% of the network fees from the project's launch through

The startup will use the funds to build a DAO governance structure."Portal," detail, by Max Osiris((Rarible))Feb 3, 2021 at 2:00 p.m. UTCUpdated Feb 3, 2021 at 2:16 p.m. UTCNFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase VenturesNon-fungible token (NFT) marketplace Rarible is building a “Uniswap for NFTs,” and has fresh dough to get…

Brisk activity on the Shibarium testnet indicates demand, which could boost the value of SHIB tokens in the long term.The Shibarium network’s native test network, Puppynet, has crossed more than 20 million transactions from 16 million wallets as it crawls closer to a mainnet release in the coming months.Testnets, such as Puppynet, are blockchain networks…

The largest cryptocurrency by market capitalization was recently trading at about $29,500, up roughly 2.2% over the past 24 hours. BTC topped $30,000 at one point, near its earlier week highs but still well off its April peak close to $31,000. Still, investors seem to have forgotten Wednesday's dramatic seesawing when the crypto dipped to…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Chipmaking heavyweight Intel (INTC) is ending production of its bitcoin mining chip series, the company said…