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

Sep 29, 2020 at 20:28 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Holds at $10.7K; Uniswap Volume DropsAs bitcoin struggles to hold the $10,700 price range Uniswap’s September volume set records but appears to be declining.Bitcoin (BTC) trading around $10,757 as of 20:00 UTC (4 p.m. ET). Slipping 1% over the previous 24 hours.Bitcoin’s 24-hour…

Jul 22, 2020 at 08:40 UTCEthereum founder Vitalik Buterin (CoinDesk archives)Ethereum fees are at a two-year high as the hype around decentralized finance (DeFi) leads to a surge in network activity, according to Coin Metrics. Coin Metrics' data shows median transaction fees were just under $0.50 at press time – the highest since early August…

Bitcoin (BTC) continued its sharp pullback after a fast start to the week, with the price retreating to a two-week low of of $62,700. At press time, bitcoin was lower by 5.5% over the past 24 hours, outperforming the broader CoinDesk 20 Index's 6.1% decline. Ether (ETH) was off 5.8%, Solana (SOL) 10% and XRP

news Justin Sun, the founder of the Tron cryptocurrency, has issued a public apology via his social media channel for his conduct in the cryptocurrency industry. Sun published a letter on Weibo in Chinese on Thursday, saying he “sincerely apologizes to the public, media, officials and regulatory authorities” for his over-marketing actions, especially with his recent…

Jul 30, 2020 at 19:00 UTC(Scott Rothstein/Shutterstock)The Bond Market Is the Truth Teller No One Heeds, Feat. George GoncalvesA veteran bond strategist gives his take on why the bond market has a better read than equities on short-term and long-term macro trends. For more episodes and free early access before our regular 3 p.m. Eastern time releases,…

New crypto money laundering rules needn’t completely stop transfers to countries that don’t follow international norms, the U.K.'s Financial Conduct Authority (FCA) said in guidance published Thursday.Controversial new measures known as the travel rule, requiring crypto operators to identify the sender and recipient of funds transfers, are already legislated to take effect in the U.K.…

Celo is taking on Tron in terms of daily active addresses interacting with stablecoins. The CELO token rallied over 20% on Wednesday. Celo, an Ethereum layer 2 and blockchain-based ecosystem dedicated to mobile-first decentralized applications and smart contracts, is challenging Tron's position as the chain with the most daily active addresses using stablecoins. The seven-day

Dec 17, 2019 at 11:00 UTCBitcoin's drop to three-week lows has bolstered the bearish setup and opened the doors for a re-test of November lows near $6,500.A drop to $6,500 could trigger a long squeeze, yielding a deeper drop in prices. However, bitcoin long positions have hit record highs on the cryptocurrency exchange Bitfinex. A…

Apr 21, 2020 at 19:16 UTCUpdated Apr 21, 2020 at 19:23 UTCThe Dutch Central Bank cited its nation’s declining use of physical cash as one of the reasons it may do well with a CBDC trial. (Credit: Shutterstock)Dutch Central Bank Wants to Be European Union’s CBDC Proving GroundThe Dutch Central Bank (DNB) thinks the Eurosystem’s…