Bitt Inks Blockchain Deal With Another Caribbean Central Bank

The cryptocurrency industry thrives on constant, ever-evolving innovation. But when it comes to stablecoin development, “that is not what you want,” according to Acting Comptroller of the Currency Michael Hsu.In an interview with CoinDesk TV Monday, Hsu, who is the administrator of the U.S. federal banking system and CEO of the Office of the Comptroller…

Indexes are pivotal in asset markets as the cornerstone of financial market growth and an essential tool for investors. In crypto, however, the nascent state of index availability and adoption is a significant impediment for investors. Currently, the equivalent advice to “buy the index” is to purchase bitcoin (BTC) or Ethereum’s ether (ETH) in a

Quick swings in cryptocurrency prices on Friday wiped out traders of both long and short positions, totaling $216 million of losses in liquidations over the past 24 hours, CoinGlass data shows.Bitcoin (BTC) rose above $31,200 early Friday, before quickly plunging to as low as $29,470, CoinDesk Indices data shows, as traders reacted to the news…

news The U.S. government may be open again, but don’t hold your breath for regulatory approvals of crypto investment products. The shutdown, which began on Dec. 22, 2018 and ended on Jan. 25, forced federal agencies, including the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), to shutter their doors. This in…

A study published by the National Bureau of Economic Research suggests that cryptocurrency markets do not behave like traditional financial ones.

news Propy, a blockchain based real estate platform, announced the sale of a $1.6 million San Francisco property owned by the venture capital fund CrunchFund, co-founded by Michael Arrington. The announcement follows news of Propy’s highest cost transaction to date, a $2.4 million duplex in San Francisco, completed entirely on the platform. Propy is a…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Helene is a U.S. markets reporter at CoinDesk, covering the US economy, the Fed, and bitcoin. She is a recent graduate of New York University's business and economic reporting program.Join the most important conversation in crypto and Web3 taking place…

Nov 27, 2019 at 09:00 UTCUpdated Nov 27, 2019 at 09:00 UTCKeep Calm and HODL On? 3 Reasons to Look Past Bitcoin’s Price RoutThat's the message to anyone spooked by bitcoin's brutal sell-off from several bullish experts interviewed by CoinDesk.The bellwether cryptocurrency has tumbled 11.5 percent in the last week or so, likely due to…

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 PricesTop StoriesStablecoin issuer Circle has intervened in the Securities and Exchange Commission’s case against major crypto exchange Binance, arguing that financial trading laws shouldn’t spread to stablecoins