Crypto Trading 101: How to Read an Exchange Order Book

Bitcoin (BTC) dipped under $26,000 in European morning hours on Monday amid a generally bearish sentiment among crypto traders and the lack of new catalysts to rally markets.BTC fell as low as $25,886 on Binance, CoinGecko data shows, before slightly recovering. Major tokens XRP, cardano's ADA, and solana's SOL fell as much as 2.2%, continuing…

When BitTorrent sold to the founder of controversial crypto startup Tron, it wasn't just one of web 2.0's earliest and most prestigious startups that changed hands. It turns out, the peer-to-peer sharing company now owned by Tron founder Justin Sun also took a small stake in Chia Network, a soon-to-be-launched cryptocurrency protocol helmed by BitTorrent…

Aug 6, 2020 at 15:49 UTCUpdated Aug 6, 2020 at 16:06 UTCGoldman Sachs (Shutterstock)Goldman Sachs is seriously considering its own cryptocurrency, possibly a stablecoin, as it significantly expands its digital assets team and appoints a new head to spearhead efforts. Matthew McDermott, Goldman's new digital asset global head, confirmed the U.S. investment bank was exploring…

Dec 9, 2020 at 8:20 p.m. UTCUpdated Dec 9, 2020 at 8:24 p.m. UTCWould the STABLE Act Make Running an Ethereum Node Illegal?Last week, Congresswoman and “Squad” member Rashida Tlaib (D-Mich.) sent Crypto Twitter into a tizzy with the following proposal:The bill’s academic/think tank proponents followed up with posts such as this:There’s a lot to…

Jul 29, 2020 at 08:00 UTCUpdated Jul 29, 2020 at 08:03 UTCTokenSoft's Bay Area office space is just 10 floors above the SEC's west coast wing. (Mason Borda)605 Days Later: How ArCoins Got the SEC Go-Ahead as an Ethereum-Traded Treasuries FundConvincing the U.S. Securities and Exchange Commission (SEC) that the Ethereum blockchain is an acceptable…

Crypto mining behemoth Bitmain announced Monday it has acquired the startup behind an open-source bitcoin cash wallet called Telescope. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. At present, Telescope can operate on Google Chrome or Mozilla Firefox, according to a press release, though the team…

Apr 2, 2020 at 13:00 UTCUpdated Apr 2, 2020 at 13:30 UTCDOUBLING DOWN: Binance CEO Changpeng “CZ” Zhao is pinning his hopes on a mass audience of individual investors. (Credit: CoinDesk archives)Binance’s CoinMarketCap Acquisition Is a Bet That Crypto Really Is for the MassesBinance just bought the top of the funnel.The largest cryptocurrency exchange by…

Sep 29, 2020 at 12:52 UTCUpdated Sep 29, 2020 at 13:31 UTCSEC building(Andriy Blokhin/Shutterstock)The Securities and Exchange Commission (SEC) has said digital security exchanges that ensure assets on their books are legitimate in origin can continue to operate unhindered.In a letter to a senior executive at the Financial Industry Regulatory Authority (FINRA), Wall Street's self-regulatory body,…

Could blockchain help China avoid its next vaccine scandal – or at the very least, allow for more conversation about such issues?