Crypto News Roundup for Feb. 11, 2020

Nigel Farage, the lizard-skinned British politician who kickstarted Brexit, is a totem for crypto, whether he knows it or not. (Or if you, like some here at CoinDesk, even like it.)So swallow your pride, and suck up any misgivings because what happened recently to Farage in the U.K. is a warning for us all.This is…

OKX's native exchange token (OKB) slumped by more than 50% in just three minutes on Tuesday following a series of liquidations triggered by an abnormal price fluctuation.OKB has since recovered from a low of $25.17 to $45.64, with 24-hour trading volume rising by 2,100% to $79 million, according to CoinMarketCap.The exchange confirmed that it will

Bitcoin experienced a sharp decline of over 3% at the start of Asian trading hours amid a broader stock market downturn. Over $250 million in bullish bets were wiped out, marking the most substantial liquidation since early July. Bitcoin (BTC) nosedived over 3% at the start of Asian trading hours amid a broader stock market

Dec 14, 2020 at 3:26 p.m. UTC(Tabrez Syed/Unsplash, modified by CoinDesk)How the Incoming Administration Can Fix Crypto RegulationAs 2020 comes to a close, it is a good time to review the regulatory landscape for crypto assets in the U.S. and provide suggestions to the incoming Joe Biden administration that will be arriving in January 2021.…

markets View Bitcoin’s moving average convergence divergence (MACD) histogram is charting higher lows, indicating seller exhaustion. Other indicators are also reporting oversold conditions. A falling channel on the hourly chart may end with a bullish breakout and fuel a rally to $8,800. On the way higher, BTC may encounter resistance at $8,500 (200-day average). The…

Jun 29, 2020 at 16:08 UTC(Geronimo Giqueaux/Unsplash)Byrne Hobart, a CoinDesk columnist, is an investor, consultant and writer in New York. His newsletter, The Diff (diff.substack.com), covers inflection points in finance and technology.  The most optimistic bitcoin investors are hodling out for one thing: the rapturous bitcoin rally known as “hyperbitcoinization.” The hyperbitcoinization thesis goes like…

Aug 11, 2020 at 12:44 UTCUpdated Aug 11, 2020 at 13:31 UTC(itti ratanakiranaworn/Shutterstock)Bitcoin’s recent price rally has shifted to a sideways meander, possibly taking cues from gold’s drop from record highs. The cryptocurrency is trading in the general range of $11,600–$11,900 for the fourth straight day.Meanwhile, the precious metal is trading near $1,988 at press…

Jan 24, 2020 at 20:00 UTCThe word from Davos, Switzerland, is blockchain not crypto, cashless futures and CBDCs, while Brekkie von Bitcoin gives us his take on the emergent field of bitcoin art. Listen or subscribe on Apple Podcasts or SpotifyThat’s a wrap! The World Economic Forum is over, and the key ideas coming out…

A district judge has slapped down an investor's effort to move a lawsuit against payments firm Ripple to a lower court.