Bitcoin’s Price Falls Below $6K to Near 2018 Low

In January, a new token is being launched on the ethereum blockchain that will be backed one-for-one by bitcoin. The companies behind the initiative include decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. What's more, a number of ethereum-based projects are also reported to support adoption of the token once…

Dec 7, 2020 at 9:15 p.m. UTCUpdated Dec 7, 2020 at 9:43 p.m. UTCMicroStrategy CEO Michael Saylor(CoinDesk archives)MicroStrategy Plans $400M Raise; Net Proceeds Will Fund More Bitcoin BuysMicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes offering that will likely fund yet more bitcoin allocations.The business intelligence company…

In the wake of the NFT market's multi-year downturn, many artists who once thrived are now navigating a challenging and uncertain landscape. The NFT market had experienced exponential growth in recent years before it stumbled, leaving artists to question whether digital artwork is still a viable avenue for success.However, amidst this uncertainty, there are opportunities

Binance has long been the world's largest cryptocurrency exchange by trading volumes. Still, on Monday, traders looking to buy and sell bitcoin (BTC) quickly on Binance were at a relative disadvantage to their peers on Kraken and Coinbase (COIN), according to data tracked by Paris-based Kaiko.The 0.1% ask depth on Binance, a measure of buy-side

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Bancor, a decentralized exchange…

markets View BTC risks falling below $8,000 in the short-term, having created a doji candle last week. Below $8,000, the focus would shift to the 30-day moving average, currently at $7,643, which has a penchant for reversing price pullbacks. The outlook as per the daily chart would turn bearish if the price sees a UTC…

This week, we spoke to experts from across the entertainment, loyalty and gaming sectors about mass adoption. The general consensus? We’re getting closer, though it’ll probably look way more subtle than you think.Also, global footwear giants Nike and Puma announced new partnerships and digital sneaker releases that offer meaningful utility and thoughtful designs.You’re reading The…

Mar 23, 2020 at 10:00 UTCTeddy Fusaro is the chief operating officer at Bitwise Asset Management, a cryptocurrency asset management firm in San Francisco. He has held management and leadership positions at alternative asset management companies for the past decade, and began his career at Goldman Sachs. As America battles the invisible enemy of the novel…

Notional open interest in futures tied to ether surged 25% in a single day.The increase is a sign of investor hopes that the SEC will approve spot ether ETFs.Ether (ETH) futures are more popular than ever, following the sudden, positive turnaround in sentiment concerning the potential approval of spot ETH exchange-traded funds (ETFs) in the