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

news View Bitcoin’s bounce from the support of the 10-candle moving average (MA) on the three-day chart may have opened the doors for a retest of recent highs above $13,000. The MA has consistently reversed pullbacks since February. A failure to hold above that support level ($11,167 currently) would validate the bearish candlestick pattern seen…

The upcoming Avail network will release the second phase of its “Kate” testnet, months after spinning-out from layer-2 scaling protocol Polygon, developers shared with CoinDesk.The first testnet phase allowed Avail to experiment with basic operations, execute on-chain functions and run protocol governance. This second phase will include a more thorough testing environment to encourage validator…

Bankrupt crypto firms FTX and Genesis have reached an agreement in principle that would resolve claims made by both parties in their ongoing dispute.“The Parties have reached an agreement in principle, subject to documentation, regarding a settlement that would resolve, among other things, the claims asserted by the FTX Debtors against the Debtors in these…

Dec 12, 2020 at 2:00 p.m. UTC(cifotart/iStock via Getty Images Plus)The Bitcoin Banking Battle Heats UpBanks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts,…

The standards setter for securities markets regulation worldwide has provided guidance for handling decentralized finance (DeFi) as its members, which represent some 130 jurisdictions, consider ways to supervise the industry.The International Organization of Securities Commissions (IOSCO), whose members regulate over 95% of the world's securities markets, published its policy recommendations for decentralized finance (DeFi) on

Keith Gill, known for the GameStop short squeeze of 2021, posted his GME options positions on Reddit, sparking a speculative frenzy in meme tokens and related equities.Gill's social media activity has significantly influenced markets, with recent posts leading to rallies in various assets, including cat-themed meme tokens and shares of the videogames retailer.Speculative frenzy drove

The bitcoin mining sector is in the middle of a wave of M&A, the report said. Architect Partners said miners want to secure large data center capacity with access to low cost power and capital. The effect of miner concentration is yet to be seen, the note said. 29:52 Public Miners Raise a Couple Billi

Cameron and Tyler Winklevoss (Credit: Max Morse/Flickr)Blockchain Bites: ‘Bitcoin Billionaires’ and Buying a Coke With CryptoThe possibility of mass adoption, or at least mass awareness, of crypto was on the agenda today with the integration of a crypto payment option for vending machines in Australia and New Zealand and the announcement of a coming feature…

markets View Bitcoin’s weekly Chaikin Money Flow index is reporting the strongest bearish bias since February. Other weekly chart indicators are also calling a deeper drop, possibly to levels below recent lows near $7,750. The daily chart indicators suggest the corrective bounce has ended and sellers are again gaining strength. The ongoing risk aversion in…