First Mover Asia: Bitcoin Is Being Made Great Again

Solana-based crypto staking project Jito released its JTO token on Thursday, continuing the march of popular token airdrops into the newly resurgent Solana ecosystem.The new asset opened for trading at a price of $1.20 and then began climbing toward $2 on various Solana-based decentralized exchanges. The debut price undercut futures traders' prelaunch estimates of around

Bitcoin's three-week consolidation below $38,000 has a bullish undertone of shallow price dips, a positive sign, one observer said.Seasonality is supportive of continued gains in bitcoin's price in December.Bitcoin's (BTC) price rally has stalled since Nov. 9, with $38,000 proving a tough nut to crack. That does not necessarily mean the uptrend is over.In fact

May 27, 2020 at 11:37 UTCCredit: Shutterstock/Georg Brandt LEFirst Mover: EOS Has Still to Prove Itself After Spiraling Down This Past YearEOS, a smart-contracts platform, has had its fair share of bother.  The blockchain’s launch in 2018 was bumpy: Some users had their accounts frozen, twice. Many more were irritated when they discovered there was an all-powerful arbitrator whose role was…

markets View A weekly close (Sunday, UTC) below the 12-week exponential moving average (EMA), currently at $9,940, could yield a deeper drop to levels below $9,000. The EMA has served as strong support in the last six weeks. The slide below the 12-week EMA, if any, could recharge engines for a break above June’s high…

Markets Daily Crypto RoundupWith bitcoin jumping to a new all-time high, plus a look at regulations on crypto earning platforms, CoinDesk’s Markets Daily is back with the latest news roundup.Listen on:

Jan 7, 2021 at 9:56 p.m. UTCInstitutional interest pushed bitcoin's price to new heights in the fourth quarter.(Shutterstock)Bitcoin Goes Institutional, Ethereum Spreads Its Wings: CoinDesk Q4 2020 ReviewIf the 2020 Q1 was the quarter of market turmoil, Q2 the bitcoin halving and Q3 the explosion of stablecoins and decentralized finance applications, Q4 was the quarter…

Dec 3, 2020 at 8:47 p.m. UTCUpdated Dec 3, 2020 at 9:02 p.m. UTCCommissioner Jay Clayton speaks at a 2019 FinHub event.(SEC)SEC Makes FinHub a Stand-Alone OfficeThe U.S. Securities and Exchange Commission’s (SEC) fintech hub is getting an upgrade.Strategic Hub for Innovation and Financial Technology, or FinHub for short, will become a stand-alone office with…

Stablecoins are becoming increasingly important to the global financial system, the report said. Bernstein noted that stablecoins are the 18th-largest holders of U.S. government debt. Stablecoin circulation is back to an all-time high of $170 billion, the broker said. Stablecoins are becoming more important to the global financial system, and constitute the 18th-largest holders of

Starkware, the company behind the Ethereum layer 2 blockchain StarkNet, said in a press release that they will be open-sourcing their cryptographic software tool, STARK Prover, which has been renamed as Stone, on Aug. 31.The company is known for its “zero-knowledge” proofs, a type of cryptographic technology that’s now being used by several competing projects…