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

The operator of 45 Bitcoin ATMs in Switzerland is moving ahead with a complaint against FINMA for lowering the limits on Bitcoin ATM transactions that require users to reveal their identity.FINMA says Bitcoin ATMs are used by drug traffickers, hence the need to tighten the rules.Bity has crowdfunded almost 20,000 Swiss francs to pay its…

Institutional investors are chomping at the bit to buy bitcoin (BTC) amid renewed optimism of a spot exchange-traded fund (ETF) being approved.The world's largest cryptocurrency rallied to a 17-month high of $35,000 on Tuesday after the ticker for a BlackRock ETF showed up on the Depository Trust & Clearing Corp. (DTCC) website.The breakout above the

China is facing renewed currency depreciation as the lingering threat of deflationary economic nosedive, and property market malaise has foreign investors pulling capital out of the country.The latest measures taken by Beijing to address the issue present a downside risk to bitcoin (BTC) through the foreign exchange channel, according to one observer.The tightly controlled Chinese

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…

Jun 9, 2020 at 13:00 UTCUpdated Jun 9, 2020 at 13:37 UTCCredit: CoinDesk archivesInfrastructure-as-a-service firm Bison Trails has added support for yet another self-proclaimed Ethereum killer: NEAR Protocol. Inked Tuesday, Bison Trails will help host the newly launched NEAR Protocol’s validator set, currently consisting of over 150 nodes including some 40 of the project’s investors.…

Circle, the issuer of the second-largest stablecoin, will move its global headquarters to New York City's iconic One World Trade Center, where the cryptocurrency firm will occupy one of the top floors in what is the tallest building in the Western Hemisphere. According to documents shared with CoinDesk, the move will be officially announced on

As part of our special NFT series, we asked the artist Coldie to make an image of Pascal Gauthier, the CEO of crypto hardware-wallet maker Ledger.Click here to view and bid on the NFT created by Coldie. The auction will begin on Monday, 12/4 at 12p.m. ET and ends 24 hours after the first bid

Grimes’ big bet on non-fungible tokens (NFTs) in 2021 turned out to be one of her largest sources of income.In a recent interview with technology magazine Wired, the musician and producer was asked if she made more money off of NFTs than she has across her entire music career. She responded with a simple “yeah.”During…

May 12, 2020 at 16:06 UTCUpdated May 12, 2020 at 16:15 UTCCipherTrace Chief Financial Analyst John Jefferies (Credit: CipherTrace)CipherTrace, a blockchain analytics partner of governments and cryptocurrency exchanges, is pitching itself to a fresh clientele: central banks.The crypto investigations firm announced Tuesday it is establishing a central bank digital currency (CBDC) initiative. As described by…