For Wall Street, Bitcoin ETF Decision Could Answer ‘$1 Billion’ Question
CoinDesk talks to Wall Street analysts ahead of a decision that could find regulators approving the first exchange-traded fund for cryptocurrency.
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Blockchain Enters ‘Trough of Disillusionment’ on Gartner’s Hype Scale
Interest in blockchain technology is waning, research firm Gartner said in its latest "Hype Cycle for Emerging Technologies" report.
Art Haus Ethereum Meets Bitcoin Financialization
Dec 20, 2019 at 20:00 UTCOne of the most important (yet somehow quiet) narratives of 2019 has been the financialization of bitcoin and the emergence of a robust market for derivative products. That was reinforced today as Binance announced a significant investment in derivatives exchange FTX. How will key events coming up in 2020 like…
Bitcoin Needs Price Gain for Bull Reversal in March
markets View Bitcoin created a bullish “engulfing candle” last month, confirming seller exhaustion. A bullish reversal, however, would only be confirmed if price closes above $4,190 (high of the engulfing candle) on March 31. A bullish monthly close would open the doors to $5,000, although gains may be hampered by the crucial 21-week moving average, which…
Bitcoin Escrow Firm Bilked Investors for $7 Million, DOJ Says
news U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million. The U.S. Attorney’s Office of the Southern District of New York, part of the Department of Justice (DOJ), brought two counts each of commodity and wire fraud against Jon Barry Thompson, principal of Volatnis Escrow Platform LLC. In…
Overcrowded, No Heat, Little Light: Inside SBF’s Prison Digs
Former FTX CEO Sam Bankman-Fried has traded his palatial Bahamas bunker for a bunk bed as he transitions from luxe to lockup.Bankman-Fried is staying at the Metropolitan Detention Center, Brooklyn, one of the nation's most notorious correctional facilities. Conditions at the jailhouse, where Bankman-Fried has resided for six weeks since losing his bail, are a
Bitcoin Price Rises 3% as Gold Trades Above $2K for First Time
Bitcoin (white) and gold (red) on Aug. 5. Source: TradingViewBitcoin is again acting like a macro asset, drawing bids amid a record rally in gold and a broad-based sell-off in the U.S. dollar. At the time of writing, the cryptocurrency is trading at $11,624.63, representing a 3% gain on the day, according to CoinDesk’s Bitcoin…
British Maritime Society Builds Blockchain Tool for Ship Registration
British maritime classification society Lloyd's Register has developed a prototype blockchain platform aimed to enable more efficient shipping registration, the organization announced Tuesday. The not-for-profit, which is already looking at using blockchain to improve the safety and security of critical shipping infrastructure and individuals in the industry, is now working to speed up the process of…
LOGIK: Tieshun ‘Pacman’ Roquerre ‘Knows His S–t’
As part of our special NFT series, we asked the artist LOGIK to make an image of Tieshun 'Pacman' Roquerre, founder of Blur and Blast.Click here to view and bid on the NFT created by Logik. The auction will begin on Monday, 12/4 at 12p.m. ET and ends 24 hours after the first bid is