MARKETS DAILY HOLIDAYS: What’s a ‘Satoshi’?

While bullish on bitcoin's long-term prospects, an economist and investor heeds caution for more short-term price optimism.

The price of bitcoin, the world's largest cryptocurrency by market cap, began climbing during the week of October 23 after spending much of the summer stuck around $26,000. It recently rose above $35,000 to touch its highest level since May 2022.This post is part of Consensus Magazine's Trading Week 2023, presented by CME. Why is

The price of XRP, the world's third-largest cryptocurrency by market capitalization, jumped 6 percent on Monday, to reach its highest total in 30 days, according to CoinDesk data. At 15:01 UTC, the cryptocurrency rose to $0.49 cents for the first time since Oct. 8, and was last seen trading at $0.4950, marking roughly a 6.14 percent…

Bitcoin miner Core Scientific's (CORZ) shares surged as much as 40% in pre-market trading after cloud computing firm CoreWeave signed a 200 megawatts (MW) artificial intelligence (AI) deal and was also reported to have offered to buy the mining company in an all-cash offer.CoreWeave said to have made the offer on Monday, implying a 55%

Developers behind Arbitrum-based Chibi Finance appeared to have stolen over $1 million worth of various tokens shortly after the protocol went live earlier on Tuesday, with funds swiftly laundered to other networks.This was possible as Chibi developers deployed a malicious contract that allowed them to steal user funds from Chibi's smart contracts, security firm CertiK…

news Malta, the “Blockchain Island” in the Mediterranean, has a government authority to certify distributed ledger platforms, regulations to manage smart contracts and a framework for launching ICOs. Now it has a blockchain master’s program, too. The University of Malta’s Masters Blockchain and Distributed Ledger Technology began its inaugural semester this October, with around 35…

Jan 10, 2021 at 5:33 p.m. UTCA NYC Bar Could Be Yours for Only 25 Bitcoin or 800 Ethereum: ReportA New York bar owner is selling his business for bitcoin and ethereum, which could make it the first cryptocurrency-only restaurant sale in the U.S.According to the New York Post, owner Patrick Hughes has put the…

Major tokens continued to slide on Tuesday as institutional sales tied to recently launched exchange-traded funds (ETF) weighed down bitcoin (BTC) prices, leading to a more than 20% decline for some tokens in the past week.Solana’s SOL fell 7%, while Avalanche’s AVAX dropped 9% in the past 24 hours, reversing gains from a meme coin-led

Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Nigeria's government approved a national blockchain policy on Wednesday as part of the country's effort to transition to a digital economy.The Federal Ministry of Communications and Digital Economy developed the policy, according to a statement tweeted…