Blockchain Bites: WEF, IBM and a Chinese City Show Support for Blockchain

Good morning. Here’s what’s happening:Prices: Bank failures are playing a larger role in dictating the price of bitcoin rather than interest rates.Insights: Mad Lads was a bright spot for Solana NFTs, but transaction volume is now lagging. The price of the SOL token has held on.Bitcoin Recovers From Post Rate Hike DipBitcoin is slowly recovering…

Taylor Monahan is the founder and CEO of MyCrypto. In this interview as part of The Breakdown’s end of year coverage, she argues that the level of discourse in crypto matured in 2019, with more focus on things that actually matter. That’s important, because in 2020, she predicts a major fork-in-the-road moment, where the industry…

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 StoriesDespite bitcoin (BTC) starting the week lower, the leading cryptocurrency by market value has risen more than 13% in the seven days to Feb. 12, the

news Bitcoin’s biggest flaw is its lack of privacy, said Edward Snowden at the Bitcoin 2019 conference. The cybersecurity expert noted the importance of privacy as a source of liberty. “The lack of privacy is an existential threat to bitcoin. Is the only protection users have from political change,” Snowden said. Snowden also stated that…

This week in prediction markets:Joe Biden likely will win the popular vote – but not the election, Polymarket prices signal. The incumbent U.S. president isn't accepting crypto donations (yet). Barron Trump’s alleged involvement with the Martin Shkreli-backed DJT token is … a matter of debate.Donald Trump is one of only five U.S. presidents who won

Crypto derivatives exchange BitMEX has started a prediction market, which allows traders to bet on the outcome of real-world events.Prediction markets have been around for quite some time but have seen a surge in popularity thanks to Polymarket.Polymarket, which was fined $1.4 million in January 2022 for unregistered swaps, offers bettors a plethora of contracts

feature Big-box retail giant Walmart has joined MediLedger, a consortium building a blockchain for tracking the provenance of pharmaceuticals. A spokeswoman for the Bentonville, Arkansas-based company confirmed Walmart’s participation to CoinDesk but had no further comment. The move represents a deepening of Walmart’s involvement with blockchain technology. Separately, the retailer is a key participant in…

On October 31, Bitcoin turned 16 — the anniversary of Satoshi Nakamoto publishing the whitepaper that changed financial history. At 16, Bitcoin is no longer just a rebellious experiment; it’s entering a critical phase where it’s being tested on a much larger scale. Bitcoin is getting its proverbial driver's license, ready to navigate the open

Blockchain.com is the latest cryptocurrency exchange to pull the plug on XRP trading.The crypto exchange and wallet provider said Tuesday it will halt XRP trading on Jan 14. Users will be able to send XRP outbound even after that date, but deposits will not go through. Crypto exchanges have been dropping XRP support in droves…