Bitcoin Price Eyes $7.4K After Defense of Key Support

CoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Breaks $12K; Uniswap Crosses $1.5B LockedBitcoin breached $12,000 again Tuesday, and traders see bullish crypto signals everywhere on the charts. Bitcoin (BTC) trading around $11,970 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,524-$12,085BTC above its 10-day and 50-day moving…

MetaDAO, a Solana-based governance experiment, raised millions of dollars from venture backers who think prediction markets should decide event outcomes. Paradigm led the funding round for a months-old project that is building governance structures that rely on market forces rather than votes. Political bettors are pouring hundreds of millions of dollars into their expected outcomes

news Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S. The firm announced Thursday that the new platform allows U.S. customers from 32 states and territories to trade 13 unspecified cryptocurrencies. Multi-asset trading is also scheduled for launch in Q1 of next year. eToro’s “social” model allows users…

markets View With prices holding above Tuesday’s low of $5,687, bitcoin remains on track for a break above $6,000. Acceptance below $5,687 would validate the bullish exhaustion signaled by a “shooting star” candle that formed Tuesday and could yield a deeper drop to the 30-day moving average (MA), currently at $5,333. The case for a…

Digital-asset markets are heating up, especially for blockchain tokens. In this week's issue, we highlight November's 19% jump in the CoinDesk Smart Contract Platforms Index (SMT), the biggest gain in 10 months.Hype is creeping back in too. Our Sam Kessler takes a look at the drama surrounding Blast, the latest entry to the growing competition

Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash,…

Oct 26, 2020 at 09:05 UTCUpdated Oct 26, 2020 at 09:12 UTC(crazystocker/Shutterstock)The U.S. government is pursuing a civil forfeiture claim on more than 300,000 units of the tether (USDT) cryptocurrency after they were reported stolen in a hack earlier this year.The funds, co-owned by Shixuan Cai and business partner Lin Jian Chen, were later frozen…

On April 18, Avi Eisenberg was convicted of fraud for his October 2022 exploit of Mango Markets. The case has grabbed particular attention because Eisenberg quickly acknowledged executing the $110 million attack, and characterized his tactics not as a crime, but as a “highly profitable trading strategy,” leaning on his interpretation of the dictum that