Draper Dragon Backs $20 Million Raise for Alibaba Vets’ Blockchain Startup

We’re not just witnessing the changing nature of market forces. We’re also seeing a shift in the definition of market “fundamentals.”(Daniel Acker/Bloomberg via Getty Images)Jan 31, 2021 at 10:01 p.m. UTCCrypto Long & Short: GameStop, Dogecoin and a New Market ParadigmIt’s hard to do justice to the symbolism and significance of the Reddit-Robinhood-GameStop drama of…

feature The Takeaway: Creditors of failed bitcoin exchange Mt. Gox are considering an offer by Russian law firm ZP Legal, which claimed it could recover up to 200,000 BTC from unnamed Russian nationals. Some creditors are questioning the firm’s motives and extraordinarily high fees and looking for alternatives. It’s unclear if Nobuaki Kobayashi, the Mt.…

Jan 5, 2021 at 11:48 a.m. UTCBitcoin price for the last two days.(CoinDesk 20)Bitcoin Bounces Back Above $31K After Monday’s DropBitcoin is trading higher on Tuesday, and the bull market is looking less overheated than it did a day ago.At press time, the top cryptocurrency by market value is changing hands near $31,590, representing a…

Mar 12, 2020 at 10:00 UTCUpdated Mar 12, 2020 at 10:05 UTCThe Australian Taxation Office (ATO) is set to issue warnings to hundreds of thousands of residents who may have traded cryptocurrencies.As reported by news.com.au on Wednesday, up to 350,000 Australians will be contacted by the ATO in the coming weeks reminding them of their…

Bitcoin has been mostly trading between $59,000 and $61,000, with traders eyeing the Jackson Hole meeting for potential market-moving comments. Most major cryptocurrencies were little changed, while ADA and AVAX experienced notable gains. While U.S. bitcoin ETFs, particularly BlackRock's IBIT, continue to see inflows, ether ETFs are facing significant outflows, reflecting bearish sentiment toward products

news While many traders eagerly await a potential bitcoin exchange-traded fund (ETF), some of the cryptocurrency’s most passionate advocates are lukewarm at best about the prospect of such an instrument. Twitter is flush with users like crypto entrepreneur Jonathan Hamel posting about how an ETF would bring an “epic” inflow of institutional capital to the…

A plan to charge $1 to new users of social app X, formerly Twitter, may do little to deter the bot endemic on the popular platform used by crypto projects and users.X began rolling out the annual charge to new users in New Zealand and the Philippines on Wednesday. The company said the test could

Jun 30, 2020 at 12:20 UTCUpdated Jun 30, 2020 at 12:42 UTCSPiCE VC founder Tal Elyashiv (CoinDesk archives)Swiss private equity firm VIVA Investment Partners AG is leaning into crypto funding through a new stake in blockchain venture capital firm SPiCE VC.  Announced Tuesday, SPiCE said the Swiss firm acquired an equity position in SPiCE’s management…

Apr 7, 2020 at 11:16 UTCUpdated Apr 7, 2020 at 11:17 UTCBitcoin prices YTD (CoinDesk BPI)Up 3%: Bitcoin Leaves S&P 500 Behind in Year-To-Date RecoveryBoth bitcoin and the U.S. stock markets have witnessed a notable recovery rally over the past couple of weeks, but it's the cryptocurrency that's taken the lead. Bitcoin clocked a 3.5-week…