Bitcoin’s Price Eyes Consolidation After 11% Decline

Once one of the world's most powerful crypto executives, Sam Bankman-Fried is now reduced to bickering with prosecutors over his access to a laptop computer.The jailed founder of the collapsed FTX exchange has access to a laptop seven days a week and three hard drives with defense material at all times, the U.S. Department of

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,961 +3.6% Bitcoin (BTC): $60,680 +5.8% Ether (ETC): $2,636 +7.7% S&P 500: 5,319.31 +2.3% Gold: $2,468 +1.9% Nikkei 225: 35,025

Aug 26, 2020 at 08:11 UTCRipple CEO Brad Garlinghouse (CoinDesk archives)A major Australian financial services firm is suing U.S. blockchain company Ripple Labs over allegations of copyright infringement. In a court document filed last Friday in the Federal Court of Australia New South Wales Registry, New Payments Platform Australia (NPPA) claims Ripple breached Australia's Trade…

opinion Angus Champion de Crespigny is an advisor to blockchain projects and a former EY blockchain lead. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Amongst many others, the bitcoin community for the past few years has been working with two particularly important ideas related to the asset’s future. One is the…

The world’s largest cryptocurrency, Bitcoin [BTC], has slumped following the launch of spot exchange-traded funds (ETFs) in the U.S. earlier in the month, and the digital asset could drop even further according to a survey of retail investors by German lender Deutsche Bank (DB).The bank surveyed 2,000 consumers in the U.S., U.K., and Europe following

Cryptocurrencies Wednesday roared back from yesterday's drubbing, with bitcoin (BTC) nearing a new 18-month high just shy of $38,000 after tumbling below $35,000 at one point on Tuesday.Ether (ETH) advanced more than 3% to near $2,060, retaking the $2,000 level after yesterday's fall to nearly $1,900.Native tokens of layer 1 blockchains Solana (SOL) and Avalanche

Just as green shoots are appearing in crypto markets, a new data set has emerged showing just how dramatically the pace of blockchain development slowed recently.The amount of new token creation dropped during the third quarter to the lowest since at least the start of 2021, according to blockchain smart-contract auditor CertiK. The company created

The U.S. Consumer Price Index rose faster than expected last month, with the year-over-year pace up to 3.2% versus estimates for 3.1% and January's 3.1%, the government reported Tuesday morning. The core rate – which strips out food and energy costs – also disappointed to the upside, coming in at 3.8% against expectations of 3.7%.On

Jun 23, 2020 at 16:14 UTCBeing up a little bit doesn't mean a hedge fund isn't still underwater. (Siam Pukkato/Shutterstock)A cryptocurrency hedge fund helmed by three Brazilian bankers has lost half of its money even though it returned positively over the past 16 months. The value of São Paulo-based BLP Asset Management’s crypto-asset hedge fund,…