Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting

Apr 7, 2020 at 16:37 UTCUpdated Apr 7, 2020 at 16:38 UTCCrypto beats traditional markets while a COVID-19 vaccine is enters human trials. It's CoinDesk's Markets Daily podcast.Today's Stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that…

Defunct crypto exchange FTX and its sister firm Alameda want to retrieve more than $71 million from FTX's philanthropic arm and other life science entities, according to court documents filed on Wednesday.This is the latest move by the bankrupt firm to recover funds for its customers. Last month, Alameda's lawyers sought the recover $700 million…

Microsoft building. Credit: ShutterstockPegaSys Ethereum Suite Now Available on Microsoft’s Azure MarketplaceDevelopers can now access the tools needed to manage a full-scale Enterprise Ethereum network through Microsoft's Azure marketplace.The PegaSys Ethereum Suite, which includes ​Hyperledger Besu,​​ PegaSys Plus​ and PegaSys Orchestrate​, will help developers deploy multi-node networks with blockchain explorers, monitoring and dashboards, Ethereum development…

news Facebook CEO and founder Mark Zuckerberg will be facing a grilling from lawmakers in Congress at 14:00 UTC (10 a.m. local time) today. In his testimony before the House of Representatives Financial Services Committee, Zuckerberg has already revealed he will addressing the Libra cryptocurrency project and other issues facing the social media giant more widely.…

The U.S. is holding its presidential election this fall. More than half a dozen other countries and bodies are likewise holding – or have held – elections this year. Some candidates and lawmakers have already addressed crypto, whether appealing to the industry or just commenting on the technology. The extent to which there is such

Decentralized liquid staking giant Lido Finance has decided to discontinue accepting new requests for staking solana (SOL) token following Lido's LDO token holders' lopsided voting in favor of halting the service.Staking SOL on Lido is no longer available for new users, while the front end will cease to be able to unstake existing tokens in

Qatar has taken little action against crypto companies breaching a ban announced in 2019, a global anti-money laundering watchdog said in a Wednesday report.The Financial Action Task Force (FATF) urged the Qatar Central Bank (QCB) to be more proactive in identifying and sanctioning virtual asset service providers (VASPs) that breached its crypto prohibition in a…

An Indonesian financial firm is looking to put Sharia compliant bonds called sukuks on the blockchain to fund social projects. Blossom Finance, a microfinancing platform for social causes using Sharia models, is planning to issue a blockchain-based sukuk in coming months, according to a Reuters report Wednesday. While the size of the initial issuance may not…

Mar 9, 2020 at 19:00 UTCUpdated Mar 9, 2020 at 19:42 UTCIs Bitcoin Safe in a Market Crash? Look to Gold for Signs, Feat. Delphi Digital’s Kevin KellyFor more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or…