CoinMarketCap Says Data Glitch Boosted Its Crypto Price Numbers
A “price calculation error” on CoinMarketCap led the site to list inflated prices for several coins on the platform.
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Explaining Bitcoin’s ‘Flash Crash’
Bitcoin (BTC) dropped 7.5% Monday morning, its steepest intraday drop since mid-August. Bitcoin is still up over 150% this year, though the massive, sudden and unexpected “red candle” on the charts is a reminder of the largest cryptocurrency’s volatility.This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news
Next Evolution of Blockchain Software Has Only Just Started: Bank of America
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The Protocol
Happy Juneteenth to our readers in the U.S.! CoinDesk staff is off for the federal holiday but we have compiled an abbreviated issue of The Protocol with the latest news headlines on blockchain tech, along with our top picks from the past week's Protocol Village column.Martin Shkreli and $DJT. Is there a connection to Donald
Bitcoin Developers Working With StarkWare, Blockstream Claim Breakthrough on Covenants
A group of top Bitcoin developers collaborating across multiple teams is claiming a breakthrough on the oldest and largest blockchain, outlining a way of adding a type of programming known as "covenants" that could unlock crucial functionality such as new wallet and vault features and more efficient layer-2 protocols. Importantly, the technique would not require
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Bitcoin suffered one of its more dramatic declines ever last Thursday at least in part thanks to the realization that a strengthening economy means interest rates are likely to stay on the rise.Consumer spending and new home sales data for July both came in stronger than expected last week, prompting the Atlanta Fed’s GDPNow tool…
Cellphones, Bitcoin and the Citizen Tools of Anti-Authoritarianism, Feat. Alex Gladstein
Jun 2, 2020 at 19:28 UTCUpdated Jun 2, 2020 at 19:37 UTCElena Rostunova/Shutterstock.comCellphones, Bitcoin and the Citizen Tools of Anti-Authoritarianism, Feat. Alex GladsteinAs protests mount in the U.S., we sit down with an outspoken pro-bitcoin, anti-surveillance human-rights advocate. Alex Gladstein is the chief strategy officer of the Human Rights Foundation. He is a powerful voice…
Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorgan
Dec 9, 2020 at 2:50 p.m. UTCUpdated Dec 9, 2020 at 2:56 p.m. UTCJPMorgan Chase CEO Jamie Dimon(Win McNamee/Getty Images)Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorganGold could lose its shine in the long run due to institutional investors’ increased preference for bitcoin, according to the investment banking giant JPMorgan.“The adoption of bitcoin…
Bitcoin All-Time High in 2020? Chances Are Only 4%, Options Market Signals
Mar 31, 2020 at 21:10 UTCPRICE SIGNAL: The options market shows just a 4 percent chance of bitcoin crossing above $20K before year’s end, according to data from Skew. (Chicago Board of Trade, 1973, photo courtesy of National Archives and Records Administration.)While many analysts are predicting a bitcoin (BTC) bull run, the options market sees…