Bitcoin’s Price Needs Move Above $8,350 to Regain Bull Bias
Bitcoin bulls could make a strong comeback if prices find acceptance above the key resistance at $8,300.
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Japan Eyes Regulation of Unregistered Crypto Investment Schemes
news Japan’s financial regulator is reportedly looking to close a legal loophole that lets unregistered investment firms solicit funds in cryptocurrencies rather than cash. According to a report from Sankei Shimbun on Tuesday, Japan’s Financial Service Agency (FSA) is planning revisions to bring such schemes under the country’s Financial Instruments and Exchange Act, although no…
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Rep. Tom Emmer Wants Stablecoins Over CBDCs – Interview
Daniel Kuhn is a reporter on CoinDesk's Features team. He owns BTC and ETH.There’s nothing that screams techno-optimist about U.S. Rep. Tom Emmer, the four-term Republican member of Congress from Minnesota. The 60-year-old is a collector of toy trains and tractors. He first learned about cryptocurrency in a book. In a memorable scene from the…
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Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
Buying in these stablecoins may foretell where the crypto market is going.Circle founder and CEO Jeremy Allaire (Circle)Feb 2, 2021 at 7:39 p.m. UTCBullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record HighsBalances of dai (DAI) and USD coin (USDC) on exchanges reached new all-time highs in the past week, according to…
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As Crypto World Watches SEC, Chair Gensler Says (Again) That Sector is Dangerous
The entire crypto world and much of the U.S. financial sector is anxiously awaiting word from the U.S. Securities and Exchange Commission (SEC) on whether it will approve a spot bitcoin exchange-traded fund (ETF). SEC Chair Gary Gensler has chosen this moment to issue a broad warning about the hazards to investors of getting into
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Moving Beyond ‘The Blockchain Is the App’
feature Mic Bowman is a principal engineer at Intel and a member of CoinDesk’s advisory board. The following article originally appeared in Consensus Magazine, distributed exclusively to attendees of CoinDesk’s Consensus 2019 event. Four autonomous vehicles arrive at an intersection. Who gets to go first? Yeah, this sounds like the beginning of a bad joke,…
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Good Money’s Master Plan: A Stealth Bid to Get Celebs Promoting Crypto Exposed
Can flat abs gurus and mommy bloggers sell the masses on using crypto? That seems to be the secret master plan behind a much-hyped new startup by Gunnar Lovelace, the former co-founder of Thrive Market, who plans to redeploy a network of "mega-bloggers" he built up promoting the healthy e-commerce marketplace by turning its legion of…
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For DeFi’s Sake, Maker Should Take Blame for Black Thursday Losses
Mar 25, 2020 at 06:00 UTCAnthony Xie is the founder of HodlBot, a trading tool that enables cryptocurrency investors to automate their trading strategies.Many lifelong cryptocurrency stalwarts had their savings wiped on Black Thursday when a sudden price crash triggered the auction of under-collateralized ethereum posted in the MakerDAO vaults. While the system did not technically malfunction,…
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IOV Labs Takes on Lightning Network With New Light Client
May 13, 2020 at 21:15 UTCUpdated May 13, 2020 at 21:16 UTCGabriel Kurman (Credit: IOV Labs)IOV Labs, which builds platforms secured by bitcoin’s hash rate, launched Wednesday a light client for the Lumino Payments Network, its smart contract-compatible rival to the lightning network Lumino Light Client will run on mobile devices via integrated wallet apps, according…