Bitcoin Price Faces Deeper Dive as Bear Cross Confirmed

Feb 13, 2020 at 23:22 UTCIOTA Foundation, the nonprofit behind the IOTA distributed network, recommended users close their Trinity wallets Thursday after multiple reports of fund theft. IOTA said it started receiving the reports Wednesday and decided to shut off the Coordinator node in the network for further investigation. The foundation is evaluating an exploit on an…

Jun 3, 2020 at 10:07 UTCUpdated Jun 3, 2020 at 10:08 UTCHEADING OFF: After years of walking in lockstep, Ethereum Classic is deviating from its namesake. (Credit: Shutterstock)Hard Fork Sets Stage for Ethereum Classic’s Second Major Departure From EthereumTrail partners Ethereum and Ethereum Classic are soon to split ways, highlighted by the latter’s successful “Phoenix”…

news Cadence, an ethereum-powered marketplace for commercial debt, is out of its test phase. The startup, which recently secured a place on the Bloomberg terminal for its pools of commercial loans, is now open to all institutional and accredited investors. Such users can now contribute funds to packages of short-term loans that help businesses cover payroll, inventory and other…

Is Bitcoin digital gold? In this episode of ‘On Purpose, With Tyrone Ross’, we dig into bitcoin narratives as financial advisors see them and explore the concept of bitcoin as a store of value.“Saying ‘Internet Money’… What else in my portfolio is like Internet Money? Hmmm….” said independent investment advisor and ‘On Purpose’ host Tyrone…

Good morning. Here’s what’s happening:Prices: As Asia's trading day begins with a minor rise in Bitcoin and dip in Ether, experts predict a pre-FOMC market correction, underlining digital assets' resilience amid US regulatory and debt challenges.Insights: The decline in the bitcoin options put/call ratio suggests that crypto investors are less worried than they were in…

Over a million dollars'-worth of bitcoin was hidden in a picture – and there's still some left to be found. Called the 310 BTC Bitcoin Challenge, a pseudonymous user going by the name "Pip" stashed a total of 310.61 BTC (worth $2,011,267 at press time) into four digital wallets earlier this month – with the…

Bitcoin mining company Bitfury has hired former Binance US chief Brian Brooks as its new CEO, the Financial Times reported on Thursday.Brooks is replacing Valery Vavilov, who will stay on as Bitfury’s “chief vision officer,” the report said.Bitfury did not immediately respond to CoinDesk’s request to confirm the appointment.The appointment comes weeks after news emerged…

Jul 26, 2020 at 19:00 UTC(Dmitriy Grishechko/Shutterstock)To KYC or not to KYC? In this episode, CoinDesk’s Anna Baydakova talks to Hodl Hodl and Bisq, two non-custodial, no-KYC bitcoin exchanges. For daily insights and unique perspectives listen or subscribe to the CoinDesk Podcast Network with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, IHeartRadio or RSS. This episode is sponsored by Bitstamp and Crypto.com. One year ago, the…

news Chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) has reported a slump in its crypto mining business revenue for last year. The firm announced its Q4 2018 financial results and also published an earnings call transcript on Thursday, providing revenue details across business segments. In the transcript, TSMC’s CEO and vice chairman C. C. Wei said…