Crypto Trading 101: Simple Charting Patterns Explained
Are you good at spotting anomalies in complex problems? Charting just might be for you. CoinDesk offers its basic guide for eager intro traders.
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6 Predictions for Crypto in 2024: Pantera’s Paul Veradittakit
This past year has been a testament to the blockchain space’s ability to recover from even the harshest external conditions. From the depths of the “crypto winter” at the beginning of the year, the overall market cap of the crypto space has grown by 90% to $1.69 trillion, with bitcoin more than doubling from its

Tether Produces Letter Vouching for Dollar Deposits, But Bank Hedges
Stablecoin issuer Tether Limited confirmed Thursday it was banking with Bahamas-based Deltec Bank and Trust Limited and published a letter purportedly from the institution as evidence of its reserves. The company, which issues the controversial tether (USDT) stablecoin, has long been under fire over concerns that it does not have the fiat holdings to fully…

How AI and DePIN Will Change Web3
Crypto is internet money, and the internet is for robots.We humans barely recognize their gears and sockets -- the crypto arbitrage and MEV bots, social media bot armies and algorithmic content feeds, generative code art and AI illustrations, and the various Zapier agents and automations that run in the background of our experience.Previously, I discussed

Facebook’s Libra Project Launches Bug Bounty With $10,000 Max Reward
news Facebook is gunning to get more external contributions to the cryptocurrency project Libra, starting with a bug bounty program that pays security researchers up to $10,000 in rewards. The Libra Association, a nonprofit backed by a coalition of companies like Visa and PayPal that are interested in supporting Facebook’s new blockchain ecosystem, previously announced…

Cardano at One-Year High on Shelley Upgrade
Cardano (ADA) prices, July 6, 2019 to July 6, 2020. Cardano (ADA) continues to skyrocket. The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second quarter, according to CoinDesk data. At press time, ADA is…

Bitcoin Looks Overbought but Analysts Play Down Drop Fears
Jul 29, 2020 at 12:40 UTCUpdated Jul 29, 2020 at 13:02 UTCBitcoin price and RSI (TradingView)Bitcoin Looks Overbought but Analysts Play Down Drop FearsWith bitcoin rising to its highest level in 11 months this week, some investors are beginning to worry that the cryptocurrency is overbought and may be due for notable price drop. But…

BlackRock’s Spot Bitcoin ETF Records Biggest Inflows Since April as BTC Hovers at $70K
BlackRock’s IBIT product experienced a significant inflow of over $290 million on Tuesday, marking its highest one-day inflow this month and since April.Overall, ETFs saw nearly $300 million in net inflows on Tuesday, with Grayscale’s GBTC showing a five-day streak of inflows.A popular bitcoin (BTC) spot exchange-traded fund (ETF) in the U.S. is seeing ramped

Is Europe’s MiCA a Template for Global Crypto Regulation?
Today, the European Parliament approved the European Union’s crypto-assets framework, the Markets in Crypto-Assets Regulation (MiCA).It was a nonevent, in that the outcome of the vote was expected. Yet, it is momentous because it gets the EU’s 27 members closer to being the first in the world to having a comprehensive crypto law. With just…