Bitcoin Price Faces Deeper Dive as Bear Cross Confirmed

Will Canny is CoinDesk's finance reporter.Pressure on zero-yield generating bank deposits is expected to continue, which makes ether (ETH) yields more attractive, Bernstein said in a research report on Monday.Currently, the flight is from bank deposits to the U.S. Treasury money markets, but as the ether yield economy becomes more mainstream, “it is hard not…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.CORRECTION (March 29, 10:35 UTC): An earlier version of this article incorrectly said the examination was…

news Online electronics and software retail giant Newegg has expanded its bitcoin payments option to a host of new countries. In an announcement on Wednesday, the U.S.-based firm said it will accept bitcoin in 73 additional of its country-specific stores. The news means that the cryptocurrency can be used to pay for purchases in nearly…

news Payments giant Mastercard is to develop a blockchain-powered cross-border payments platform in partnership with enterprise-focused blockchain firm R3. In an announcement on Wednesday, Mastercard said the two firms have inked a deal to “develop and pilot” the payments solution. It will initially be aimed at connecting faster payments schemes and banks backed by Mastercard’s clearing…

Firefox, the popular Web browser, will soon begin automatically blocking crypto mining malware scripts as part of a wider performance-enhancing push. The Mozilla Foundation, the not-for-profit organization behind the open-source browser, said Thursday that it intends to block trackers and other "harmful practices" in upcoming releases. Some of these features, such as the anti-tracking function,…

Prosecutors said Singh “approached his cooperation with earnest remorse and eagerness to assist.” He will be sentenced later this month. 01:48 Bitcoin Nears 'Golden Cross' Amid Rising U.S. Treasury Yields Concerns 02:02 Nigeria Frees Binance's Gambaryan; Peter Todd Goes Into Hiding After HBO Doc Names Him Satoshi 13:23 Navigating the Crypto Waters With Nick van

Amid turbulence in markets, economy and society, there's no better time or purpose to launch CoinDesk TV, writes Executive Producer Joanne Po.Feb 8, 2021 at 1:51 p.m. UTCUpdated Feb 8, 2021 at 2:29 p.m. UTCIntroducing CoinDesk TV: Industry-Leading Crypto News, Now in Living ColorMemes and internet mobs are paralyzing Wall Street and traditional financial markets.Social…

news Tether is planning to issue a stablecoin pegged to the Chinese renminbi, according to a trader with ties to the company. Zhao Dong, an over-the-counter (OTC) trader in China and a shareholder of crypto exchange Bitfinex – which shares managers and owners with Tether – revealed the move on WeChat on Wednesday, saying Tether plans…

Crypto custody can be a challenging topic, as there are many options investors and advisors face when considering the storage, security and accessibility of digital assets. In today's main article, Todd Bendell, from Amphibian Capital, discusses the different custody options financial advisors need to know.Meredith Yarbrough from LaHoja Capital Partners answers questions about bitcoin custody