Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Good morning. Here’s what’s happening:Prices: Crypto markets are playing the waiting game as tech's expected mixed bag…

With digital-market traders taking GameStop’s stock gyrations as a moment for self-reflection, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by Nexo.io.Today's stories:Digital-market traders found amusement in the GameStop saga. They also saw an opportunity for self-reflection. Here’s what Niall Ferguson, Caitlin…

Jan 22, 2020 at 18:00 UTCDRY POWDER: "This funding allows us to continue our support of the ETC protocol and ecosystem," says ETC Cooperative executive director Bob Summerwill of Grayscale's new commitment. (Image via CoinDesk archives.) Grayscale Investments has committed to financially supporting development of the ethereum classic (ETC) cryptocurrency for another two years.Announced Wednesday,…

Deciding to invest in the fast-paced, ever-evolving digital assets market can seem daunting. In the past, people were often hesitant to invest in digital assets – namely cryptocurrency – because of their inherent volatility and associated risk. But the tides are changing, particularly as the global cryptocurrency market has grown into a flourishing, multi-sector ecosystem

Oct 20, 2020 at 15:51 UTCThis week, as world leaders gather virtually for DC Fintech Week in Washington, D.C., a key focus will be on central banks issuing their own digital currencies (CBDC). A pivotal player here is the United States, which faces an increasingly urgent decision: whether to take serious steps towards issuing a…

Apr 30, 2020 at 18:23 UTCUpdated Apr 30, 2020 at 18:44 UTCThe Bank of England, via Wikimedia CommonsCBDCs Come in Many Forms – Here’s a Quick GuideGeorge Calle is Market Intelligence Lead at R3, an enterprise blockchain software firm. In just a few short years, digital currencies have progressed hugely. But while the early adopters of…

feature It’s not a bear market for everyone. “A crypto winter for the price is a crypto summer for attorneys,” said Jason Civalleri, adjunct professor at the University of New Hampshire Law School. “As the price sinks, you have a lot of demand for legal services.” That’s why UNH Law is rushing to offer a…

Jun 23, 2020 at 19:31 UTCJa Rule (Kathy Hutchins/Shutterstock)‘Social Money’ Startup Inks Deal With Rapper Ja Rule, Releases Song With Lil BPlatinum records are coming to cryptocurrency with a new integration between rapper Ja Rule and social currency startup Roll. Announced Tuesday, Billboard Hot 100 artist Ja Rule has inked a deal with Roll, an…

Bitcoin rallied past $34,000 this week, and is up 106% so far this year after 2022's grueling grind lower.The latest surge supposedly happened on excitement around a potential spot ETF approval, but are other factors at work?Constrained supply, underinvested market participants and bitcoin's rejuvenated shine as a safe haven from troubled traditional markets and geopolitical