Bulls Get Relief as Bitcoin Price Beats $6.5K Resistance

Shares in Nasdaq-listed cryptocurrency exchange Coinbase (COIN) have surged nearly 300% this year, outperforming leading cryptocurrency bitcoin (BTC) by a significant margin. Per Fairlead Strategies, further gains could be in the offing, as COIN is on track to confirm a long-term base pattern breakout.Basing involves an asset consolidating in a price range for a prolonged

New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing.As stated in an initial $1 billion fraud lawsuit against

Dec 16, 2019 at 16:27 UTCBitcoin was flat this weekend but there are some bullish signals. Plus we talk about some weird news out of Canada, arrests in Asia after a suspect extortion plot, and one bright spot for blockchain in Asia...Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad…

BlackRock’s iShares unit filed paperwork Thursday afternoon with the U.S. Securities and Exchange Commission (SEC) for the formation of a spot bitcoin (BTC) exchange-traded fund (ETF).As with all things perpetually online, many are tying themselves up and tripping over semantics. Is this proposed fund actually an ETF or just a trust? The question seems odd,…

Another challenge to Section 230 of the Communications Decency Act, which protects tech platforms from being liable for various forms of content posted on them, has re-emerged, with bipartisan support. It takes a page from the Banking Secrecy Act (BSA) but, rather than filing Suspicious Activity Reports (SARs), the bill would force tech companies to…

news Insurance industry blockchain group B3i, which is now building DLT solutions for some 40 member firms, has appointed John Carolin as chief executive officer. Carolin, who joined B3i as chief financial officer in March 2018, had served as interim CEO since March of this year. B3i began life back in October 2016 as a…

Peer-to-peer cryptocurrency exchange AirTM has raised $7 million in a Series A funding round. The Mexico-based startup, which seeks to help individuals conduct transactions and bypass traditional banking services, revealed the news Wednesday, saying it will direct the funds toward growing its reach across various markets in South America. In particular, the firm intends 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.Following its decline below $29,000 for the first time in a month on Monday, bitcoin (BTC) was trading at $29,100 early Tuesday. The bearish price action comes ahead…

Blockchain analytics firm TRM Labs has partnered with Australian cryptocurrency exchange Swyftx in an effort to combat scams in the nation, an announcement on Monday said.The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD 10 (USD 6.6) worth of