Coin Metrics: State of the Market December 2020

May 8, 2020 at 20:18 UTCUpdated May 8, 2020 at 20:19 UTCCoinDesk Bitcoin Price IndexMarket Wrap: Interest in Bitcoin Rises as Prices Near $10K, but Can It Continue?The clock is ticking down to the expected halving event on Monday and bitcoin is capturing the interest of investors who may not normally follow the cryptocurrency markets.At…

The U.S. Department of the Treasury has been pushing for lawmakers to grant it extended powers to battle illicit finance using crypto.One of the government's requests is for special jurisdiction over non-U.S. stablecoin issuers, such as Tether.The U.S. Department of the Treasury is pressing lawmakers for a new set of powers that would give the

news A bitcoin-based drug gang landed a cumulative 20 plus years in prison following a UK police bust. Colin McCabe, Toby Woods, and Robert Price sold over 1 million pounds worth of Class A drugs including cocaine, ketamine, and cannabis. The trio sold their products on the dark web and shipped as far as Australia,…

CEO Michael Saylor bought the coins for an average price of $31,808.Jan 22, 2021 at 2:33 p.m. UTCMicroStrategy Buys the Dip, Adds $10M to Bitcoin TreasuryBusiness intelligence company MicroStrategy bought 314 bitcoin for $10 million on Friday, piling on in a market that was down as much as 15% only one day before.CEO Michael Saylor…

news Oil tycoon Frank Timis has been revealed as the biggest shareholder in Argo Blockchain, a crypto mining firm that listed on the London Stock Exchange (LSE) last summer. According to a Daily Mail report on Saturday, Timis’ involvement with the firm was revealed after he moved behind the scenes to oust two board members at the…

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 Prices(CoinDesk)Top StoriesBitcoin (BTC) reversed Monday’s decline to three-month lows under $25,000 during Asian trading hours, jumping back to around $26,000 as open interest on Binance, Bybit, OKX

Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison, according to local media. A judicial fine of 135 million liras ($5 million approx.) was also imposed.Thodex was one of Turkey's

news Chainalysis is building a crypto-space risk data clearinghouse for financial institutions. Its new Kryptos platform will help institutions parse regulatory hazards and build risk assessment models. Kryptos “is our step towards financial institutions, so they can have the transparency they need to build risk management programs and integrate into the crypto economy,” Chainalysis co-founder…

news Accenture has announced a prototype blockchain-based supply chain app designed to reward business practices that conserve natural resources. Announced today, the consulting firm said it’s working with Mastercard, blockchain startup Everledger and humanitarian aid organization Mercy Corps to encourage the introduction of the so-called “circular supply chain.” A circular supply chain is a way…