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

news The central banks of Canada and Singapore have concluded a trial of cross-border payments using blockchain technology and central bank digital currencies. The Bank of Canada (BoC) and the Monetary Authority of Singapore (MAS) jointly announced Thursday that the successful trial – the first of its kind between two central banks – showed “great potential…

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny 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.…

news Two long-anticipated upgrades appear to have officially activated on the ethereum blockchain, the world’s second-largest by market value, without incident. At 19:57 (UTC), the sixth and seventh system-wide upgrades to the software, dubbed Constantinople and St. Petersburg, respectively, rolled out on the main network at block number 7,280,000. As seen on blockchain monitoring website Fork Monitor, there…

Feb 14, 2020 at 06:06 UTCApifiny hopes to unite the disparate price bids on different crypto exchanges. (Image via Apifiny)A group of trading vets from NASDAQ, Visa and Morgan Stanley say they’ve built a liquidity solution for the world’s disparate cryptocurrency markets. After 18 months of development, their project, Apifiny, came out of stealth Wednesday with…

Apr 30, 2020 at 19:00 UTCFrom Corrupt to Broken: An Insider’s Analysis of the Fed, Feat. Danielle Dimartino BoothAn adviser to the U.S. Federal Reserve through the Great Financial Crisis to 2015 examines the latest in the largest monetary policy experiment in human history. For more episodes and free early access before our regular 3…

X.AI Corp., backed by Tesla CEO and X owner Elon Musk, is raising up to $1 billion in a securities offering, according to a regulatory filing.The filing, made Tuesday with the U.S. Securities and Exchange Commission, says that Musk, who took over Twitter and renamed it X, is an executive officer and director of X.AI.CoinDesk

May 14, 2020 at 17:15 UTCUpdated May 14, 2020 at 17:39 UTCBequant CEO George Zarya (Credit: Bequant)Digital asset services firm Bequant launched a prime brokerage service for institutional clients to have easier access to liquidity, custody, lending and other products, the company announced Thursday. With several services and pools of liquidity under one roof, Bequant is…

Former Ripple general counsel Brynly Llyr is taking on the same role for crypto payments startup Celo. Llyr, who left Ripple last Friday, will take charge of "all aspects of legal strategy at Celo," the company announced Monday. These include policy, regulation, partnerships and intellectual property. Llyr will also play a role in Celo's efforts to…

Nov 30, 2020 at 11:12 a.m. UTCUpdated Nov 30, 2020 at 11:15 a.m. UTCBitcoin price chart for November 2020(CoinDesk 20)Despite 12% Crash, Bitcoin Looks Set to Make Highest Monthly Close EverDespite the sharp pullback last week, bitcoin looks on track to post its highest-ever monthly price close.The number one cryptocurrency by market value fell by…