Bitcoin Outlook Sours As Price Sheds 70% of Recent Rally
Bitcoin’s price has surrendered more than 70 percent of the rally seen in July, putting the bears in a more commanding position.
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The New Effort to Get Bitcoin’s Lightning Network In Every Browser
Touted as a way to make the world's most valuable cryptocurrency a more effective payment method, bitcoin's lightning network has a rather large obstacle ahead – it's still challenging, even risky, to set up and use. It could become easier, though, should developers at the World Wide Web Consortium (W3C), the prestigious international group that creates…
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Joint U.S. House Hearing on Crypto’s Future Opens With Discord
Jesse Hamilton is CoinDesk's deputy managing editor for global policy and regulation. He doesn't hold any crypto.The unusual joint meeting of the two most crypto-relevant committees in the U.S. House of Representatives was called to work out the best legislative approach to digital assets, but one of the top Democrats questioned whether Congress should be…
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First Mover Americas: Coinbase Seeks Clear Answers From SEC
Featured SpeakerJenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.Featured SpeakerJenny…
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First Mover Americas: FTX Wants to Sell Its GBTC
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 StoriesBankrupt crypto exchange FTX and its debtors have asked the U.S. bankruptcy court of Delaware to approve the sale of some trust assets, funds of Grayscale
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What Intel’s Foreshadow Flaw Means for the Future of Cryptocurrency
A new security flaw doesn't bode well for experimental cryptocurrency projects looking to use trusted hardware in the near future.
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Bitcoin Cash Rallies 13% Ahead of BCH Halving, Bitcoin Steady Around $70K
Some traders warned of a further market-wide pullback if bitcoin lost the $69,000 level in the coming days.Dogecoin jumped 6%, while Bitcoin Cash saw a 13% rise ahead of an expected halving event on April 4, which historically has preceded a bull market for the token.Bitcoin (BTC) prices were little changed over the past 24
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Cathie Wood’s ARK Invest Sells Coinbase Shares for First Time in a Month
ARK sold $34.3 million worth of shares from three different funds, according to an emailed daily trading report.Coinbase has advanced 19% since the firm's previous sale and is due to report earnings after the market close.ARK Invest, the Cathie Wood-run investment vehicle, sold Coinbase (COIN) stock for the first time in a month on Wednesday
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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
The top two cryptocurrencies by market value, bitcoin (BTC) and ether (ETH) have rallied 70% and 56% this year, outshining traditional risk assets by a significant margin.However, the good times may stop rolling if the heavily shorted U.S. dollar, which has recently found a "double bottom" price floor against major fiat currencies, sees a short…