Bitcoin Price Dips to Six-Month Low of $7,000

news “Crypto Dad” just can’t stay away. Former Commodity Futures Trading Commission (CFTC) chairman J. Christopher Giancarlo has joined the advisory board to the Chamber of Digital Commerce, a trade group focused on blockchain and crypto policy in the U.S. Giancarlo helmed the CFTC for two years, following a three-year stint as a commissioner with…

Banco Central President Roberto Campos Neto says Brazil will have "all the ingredients" for a digital currency by 2022. (Marcos Oliveira/Agência Senado/Wikimedia Commons)Brazil’s Central Bank Says Nation Might Be Ready for a Digital Currency by 2022Brazil’s chief central banker Roberto Campos Neto said Wednesday that his country could be ready for a digital currency (CBDC)…

Tyler and Cameron Winklevoss, the executives atop Gemini, gave $1 million each to the campaign of former President Donald Trump, the two announced on X.The two had already been major donors for 2024 U.S. campaigns, each previously giving about $2.7 million, mostly to the industry's super PAC, Fairshake.Gemini CEO Tyler and his twin brother Cameron

Legislative negotiators from the European Union have agreed on new rules known as the Data Act – after the Web3 community raised fears that its provisions on smart contracts could kill the sector.The plans – made as part of a wider overhaul of data rules governing internet-connected appliances – have caused consternation in the Web3…

This week, as I travel around El Salvador, I met with two people who are actively working to help increase the speed of Bitcoin adoption and to help foreign investors start Bitcoin-related businesses.The current market price of Bitcoin, approximately $29,500, puts the prospect of owning a full bitcoin outside of the reach of most people.…

news Financial services provider Fidelity, which has some $7.2 trillion in client assets under management, said Thursday that its anticipated crypto trading and custody platform is in its “final testing” phase. The company noted in a blog post late Thursday that it had on-boarded “a select set of eligible clients” already, while it worked on building Fidelity…

BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor…

news Deribit, the Amsterdam-based cryptocurrency exchange, is learning from last week’s $1.3 million mistake. That’s how much Deribit agreed to reimburse customers after an Oct. 31 flash crash triggered by an error in the exchange’s system for pricing bitcoin futures contracts. CEO John Jansen said Wednesday in an interview that the company has since fixed…

The New York Times recently got hold of a trove of writings from Sam Bankman-Fried, supposedly from when he was under house arrest. While the most interesting parts are yet unreleased – like a 70-page Twitter thread reportedly offering the ex-CEO of FTX’s “side” of the business failure – there are notable quotes and details