Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows

Oct 21, 2020 at 16:06 UTC(Manny Becerra/Unsplash, modified by CoinDesk)Blockchain Bites: PayPal’s Play, Mode’s Bitcoin Buy, CoinDesk’s Most Influential Needs Your VotePayPal merchants will soon accept crypto payments as part of a major push into the “virtual currency marketplace.” The Bahamian central bank unveiled the world’s first CBDC. Kik and the SEC are nearing an…

We’ve bounced back having found support last week (see previous Vibe Check), with the CoinDesk 20 Index outperforming bitcoin (BTC) narrowly and ether (ETH) significantly.CoinDesk 20 Index outperforming BTC and ETH. (CoinDesk Indices)So what’s providing the source for the dramatic bounce in the market? In addition to Bitcoin’s rebound, Solana's (SOL) 25% gain and Avalanche's (AVAX)

Worldcoin, the crypto startup co-founded by OpenAI CEO Sam Altman, announced a major expansion to its eye-scanning identity platform on Wednesday, including integrations with major tech firms and a new multi-level verification system for the World ID "digital passport."Tiago Sada, the head of product at Tools for Humanity, the company behind Worldcoin, said in an

news More than 40 central banks worldwide are experimenting with blockchain technology, says a new report by the World Economic Forum. Published Wednesday, the report analyzes how different central banks are either examining what blockchain can be used for or are outright experimenting with central bank digital currencies (CBDCs). “It’s very much the case that…

Jun 10, 2020 at 15:00 UTC(Credit: Danny Nelson / CoinDesk)Algorand and Blockstack Are Building a Multi-Chain Smart Contract LanguageAlgorand and Blockstack are collaborating on a new smart contract programming language that moves the two startups toward direct, inter-blockchain communications. Called Clarity, the project will ultimately allow developers to write smart contracts that execute across their…

Relating the chances of bitcoin reaching $1 million to the probability of some sort of Black Swan event in the U.S. economy, Srinivasan said he thinks there's a 10% chance of a very serious issue in months, a 70% chance of one in years, a 19% chance within decades and a 1% chance it takes…

Sep 23, 2020 at 08:01 UTCUpdated Sep 23, 2020 at 08:02 UTCDune Analytics co-founders Mats Julian Olsen (left) and Fredrik Haga (right) (Dune Analtyics)Ethereum data firm Dune Analytics, which has stood out from the pack for its focus on decentralized finance (DeFi) projects, has raised $2 million from a mix of seasoned crypto investors and…

Russian developer Alexey Pertsev is accused of laundering $1.2 billion worth of crypto through the anonymizing tool Tornado Cash, Dutch prosecutors detailed in an indictment shared ahead of his trial on March 26.The indictment, seen by CoinDesk, says that between July 9, 2019 and Aug. 10, 2022, "at least in the Netherlands and/or in Russia

Ether rose past $3,000 during European trading hours. Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated. Price charts show seller exhaustion near the long-held support at $2,800. After falling nearly 20% in the four weeks to July 5, the ether (ETH) market finally shows signs of seller exhaustion and a potential