In Rare Decision, ICO Founders Will Delay Crypto Paydays – For a Decade
Nebulas raised $60 million in an ICO in December, but in order to help its team focus on completing its tech, it’s extending its team’s token lockup.
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First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41K
Jan 8, 2021 at 2:05 p.m. UTCLess than a day after passing $40,000 for the first time, bitcoin has surged to a new all-time high above $41,000. First Mover: It Might Be Getting ‘Silly’ as Bitcoin Passes $39K, $40K, $41KBitcoin’s momentum showed few signs of slowing on Friday, as prices pushed to a new all-time high after blowing…

BitTorrent Token Is Already Nearly 6 Times Its ICO Price
news The price of BitTorrent Token (BTT) is closing in on six times the price of its initial coin offering (ICO), which occurred just one week ago. 59.8 billion BTT tokens were sold through Binance’s token sale platform on Jan. 28 at a price of $0.00012 per token, according to sale information provided by the…

In Retrospect, It Was Inevitable: Elon Musk Pumps Bitcoin to Space
The price action is fun, but the larger significance is about decentralized alternatives to today’s financial system. This episode is sponsored by Nexo.io.Last night, Tesla and SpaceX founder Elon Musk changed his Twitter profile to a single word: “bitcoin.” He also tweeted a cryptic message: “In Retrospect, It Was Inevitable.”The price of bitcoin surged in…

Bitcoin Could Surge to $120K on ‘Doomsday Rally,’ Trader Says
Geopolitical events and the search for an investment hedge led some traders to say bitcoin could surge in the coming months, despite a recent 10% weekly drop in its value.The correlation between bitcoin and traditional market assets remains high, but some investors see the cryptocurrency as a viable hedge and investment option, with expectations its

Money Reimagined: Let’s Be Privacy Scolds
Jul 31, 2020 at 17:36 UTCUpdated Jul 31, 2020 at 18:34 UTCMoney Reimagined: Let’s Be Privacy ScoldsMichael Casey is on vacation this week. The following essay was written by Marc Hochstein, CoinDesk’s executive dditor. Once, I pried into a stranger’s affairs for no good reason at all. This happened almost 20 years ago, but the story…

Cryptocurrency Has ‘Long-Term Potential,’ Says Apple Exec
news Apple is “watching cryptocurrency,” according to an executive at the tech giant. Apple Pay vice president Jennifer Bailey, talking to CNN at a private event in San Francisco, said “We think it’s interesting. We think it has interesting long-term potential.” Bailey did not elucidate about the possible uses of the technology Apple might pursue. She had…

Crypto Needs a Purple Mindset
When Satoshi Nakamoto published the Bitcoin white paper in 2008, nobody could have imagined that the digital asset industry would swell to over $2 trillion today. Sixteen years into its adoption cycle, the crypto market can no longer be considered a fad or a libertarian casino. Rather, it’s the next evolution of finance. It’s both

Jack Dorsey-Backed Bitcoin Wallet Bitkey To Integrate With Coinbase and Cash App
Jack Dorsey’s FinTech company Block (SQ) will integrate its new self-custody bitcoin wallet, Bitkey, with its financial services platform Cashapp and the cryptocurrency exchange Coinbase. Public beta testing for the wallet will commence in a few weeks with a global launch expected later this year, according to a blog post on Wednesday by the company.Coinbase…