Nvidia Reports ‘Substantial Decline’ in GPU Sales to Crypto Miners
Nvidia has seen a “substantial decline” in revenue from cryptocurrency miners, the company announced in its second quarter results Thursday.
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A civil lawsuit on a securities claim against Ripple CEO Brad Garlinghouse will proceed to trial in California. A judge dismissed several other claims made in the lawsuit. A California judge has ruled that a civil securities lawsuit against Ripple will proceed to trial, denying in part the crypto firm’s motion for summary judgment in

This Dapp Shows How Blockstack and Ethereum Are Different
feature The Blockstack file-sharing dapp Envelop, which works a little like WeTransfer but with encrypted storage via the blockchain platform, just launched a browser extension for Chrome, Firefox and Opera. Now desktop Blockstack users can simply upload files to the extension and drop them in emails or direct messages even if the file is normally…

Digital Gold: How Should Financial Advisors Be Thinking About Bitcoin?
Is Bitcoin digital gold? In this episode of ‘On Purpose, With Tyrone Ross’, we dig into bitcoin narratives as financial advisors see them and explore the concept of bitcoin as a store of value.“Saying ‘Internet Money’… What else in my portfolio is like Internet Money? Hmmm….” said independent investment advisor and ‘On Purpose’ host Tyrone…

Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade
Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Bitcoin Cash (BCH) prices jumped as much as 6% ahead of a mainnet upgrade that will allow developers to issue tokens atop the network, among other enhancements.The ‘hard fork’…

New Head of China’s Digital Currency Says It Beats Facebook Libra on Tech Features
news The Chinese central bank has a new digital currency chief who says its upcoming digital yuan has features not offered by Facebook Libra. Changchun Mu – previously deputy director of the payments and settlement division at the People’s Bank of China (PBoC) – recently stepped into the lead role at the Digital Currency Research Institute, reports Shanghai…

First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,918.40 -0.63% Bitcoin (BTC): $62,086.59 -0.68% Ether (ETH): $2,431.18 -0.10% Nikkei 225: 39,277.96 +0.87% Top Stories The crypto market was

Bitcoin News Roundup for June 4, 2020
Jun 4, 2020 at 16:01 UTCUpdated Jun 4, 2020 at 16:02 UTCBloomberg thinks BTC could hit $20K. It’s CoinDesk’s Markets Daily Podcast. This episode is sponsored by Bitstamp and Ciphertrace For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. Today’s stories: Bloomberg analysts are the latest to jump on the bandwagon of experts…

Bitcoin Mining Profitability Fell for Third Straight Month in September: JPMorgan
Daily mining revenue and gross profit fell for a third consecutive month in September, the report said. The bank noted that the network hashrate rose 2% from August. Daily block reward gross profit fell to the lowest "on recent record" in September, the bank said. The average bitcoin (BTC) price and the network hashrate rose