Digital Asset Outflows Continue for 6th Week Despite Bitcoin Price Surge

Jun 24, 2020 at 20:28 UTCUpdated Jun 24, 2020 at 20:33 UTCThe charges appear to be Singapore's first attempt to enforce its new ban on unlicensed crypto sellers. (Tremendous Shots/Shutterstock)Singapore authorities charged a 23-year-old woman with breaking the city-state’s ban on unlicensed bitcoin sales on Wednesday. The woman allegedly bought S$3,350 (about $2,400) in bitcoin…

AUSTIN, TX — Franklin Templeton, the $1.6 trillion asset manager based in Silicon Valley, has been at the forefront of traditional finance heavyweights pushing into the digital asset space."We have looked at blockchain tech [and found] this is going to be transformational and we better make sure we understand it," Jenny Johnson, president and CEO

Gaming and metaverse-focused venture capital firm Animoca Brands has made an investment in the TON ecosystem and become the largest validator on the TON blockchain.Hong Kong-based Animoca Brands is assisting third-party gaming projects to build in the ecosystem by supporting TON Play, the network's gaming infrastructure project, according to an announcement on Tuesday.Animoca declined to

Timing an expected bitcoin price breakout after a prolonged period of consolidation is challenging, but a technical tool called the "choppiness index" may offer some insight. The leading cryptocurrency has been displaying very choppy (moving in a restricted range) and inconsistent price action for a while now. Further, volatility readings have hit multi-month lows, indicating…

news Bitcoin tumbled 9 percent in a half-hour on Tuesday, sending prices to the lowest in three months, in a rapid selloff even by the tumultuous standards of the cryptocurrency markets. As of 21:50, BTC was trading around $8,600, down from a high of $9,812 over the previous 24 hours. “Even for bitcoin, this is…

Cryptocurrencies slid lower Thursday with bitcoin (BTC) revisiting the bottom threshold of its month-long trading range, while Chainlink’s LINK rallied solo among the largest crypto assets.BTC’s price dipped to as low as $29,593 during the afternoon hours, near its lowest point in a month. The largest cryptocurrency by market value has been see-sawing in a…

Aug 28, 2020 at 11:00 UTCUpdated Aug 28, 2020 at 11:06 UTC(ev/Unsplash, modified by CoinDesk)Shiv Malik is the author of two books, the co-founder of the Intergenerational Foundation think tank and a former investigative journalist for the Guardian. He currently evangelizes about a new decentralized data economy for the open source project Streamr.  Who controls…

May 5, 2020 at 15:58 UTCUpdated May 5, 2020 at 16:25 UTCBlockFi co-founders Flori Marquez and Zac Prince (Credit: BlockFi)Crypto lender BlockFi is adding two traditional finance executives to help the firm roll out new products and expand into new markets. Former American Express executive Wittney Rachlin will join as chief growth officer and former Credit…

As many as 48 countries committed to a tax-transparency standard starting in 2027 that will provide for the automatic exchange of information between jurisdictions to combat tax evasion on crypto exchanges, according to a joint statement and individual announcements by the U.K., Singapore, and Luxembourg.The agreement adds the Organisation for Economic Co-operation and Development's (OECD)