Bitcoin Price Defends Key Support Despite ETF Rejections
Bitcoin’s defense of the key support at $6,230 despite bad news has left the doors open for a rally to recent highs above $6,800.
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Facebook Seeks Counsel to Forge Blockchain Partnerships for New Products
news Facebook’s blockchain recruitment drive continues, as the social network looks to hire a lead commercial counsel for its initiatives with the technology. A new job posting at the company’s career page says the position will be responsible for “drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to…

ErisX Launches Crypto Spot Market on Heels of New $20 Million Raise
news Aspiring crypto derivatives provider ErisX took one step closer to its ultimate goal Tuesday with the launch of a spot market. The exchange announced that it will immediately support dollar trading pairs with bitcoin, bitcoin cash, litecoin and ethereum, as well as bitcoin trading pairs with the other three cryptocurrencies at launch. While ErisX…

Bitcoin ‘Flash Rally’ Briefly Pushed BTC Derivatives Above $56K on Bitfinex
Oliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.Bitcoin's (BTC) price on Bitfinex's perpetual swap market momentarily topped $56,000 on Tuesday – well above prevailing levels elsewhere and prices on Bitfinex's exchange right before or after – amid a flurry of volume amid an absence of liquidity.Trading…

XRP Ruling Needs Appeals Court Review, SEC Says
The U.S. Securities and Exchange Commission (SEC) asked for permission on Friday to appeal a federal judge's ruling that XRP sales through exchanges didn't violate securities law, a day after the judge said the SEC could present its argument.The SEC petitioned Judge Analisa Torres, of the U.S. District Court for the Southern District of New…

Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto
Axiom, a protocol that allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain, has raised $20 million in a Series A funding round led by Standard Crypto and Paradigm Ventures.The funding will go towards growing the team as well as developing their platform, according to a draft blog

At Devcon, Bitcoin Developer Amir Taaki Foresees a ‘DarkTech Renaissance’
news Nobody in the cryptocurrency space is thinking big enough. That was the message from bitcoin developer and former Kurdish YPG militia member Amir Taaki at Devcon 5, the annual ethereum developer conference hosted this year in Osaka, Japan. “I hear people talking about decentralized derivatives and mortgages,” Taaki said to an enraptured audience of hundreds on…

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe
Eliza Gkritsi is CoinDesk's crypto mining reporter based in Asia.Marathon Digital Holdings (MARA), one of the largest publicly traded crypto miners in North America, reported a narrower-than forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift the Florida-based company back toward profitability.The company also said it received another subpoena…

Kadena Blockchain Taps Healthcare Data Firm to Track Medical Cannabis Product
Dec 6, 2019 at 09:00 UTCUpdated Dec 6, 2019 at 08:11 UTCTeam photo image via KadenaKadena Blockchain Taps Healthcare Data Firm to Track Medical Cannabis ProductThe first application on Kadena’s public blockchain is a tracking platform for CBD oil.The platform is expected to launch after Kadena’s smart contract becomes fully functional on Jan. 15, 2020.The…