Rally Ahead? Bitcoin’s Price May Be Charting a Previous Bull Pattern

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 PricesTop StoriesThe U.S. Securities and Exchange Commission (SEC) is delaying a decision on an application by Hashdex to convert its existing bitcoin futures exchange-traded fund (ETF) into

Bitcoin (BTC) fell 7% on Wednesday, with reports of an analyst’s opinion on the expected U.S. spot bitcoin exchange-traded fund (ETF) approval later this month contributing to a flush of highly-levered futures tracking the largest cryptocurrency.While professional analysts remain mixed on the market impact of the approval, expected by Jan. 15, they largely forecast a

On Monday, Politico published an article making the case that a Trump victory in 2024 could “turn the tides” in crypto’s favor. “It would mark a major shift from President Joe Biden, whose administration and regulators are consistently taking a skeptical approach to crypto over what they see as risks to consumers and the broader

news Harbor Square Investments, a subsidiary of tokenized securities platform Harbor, has received a broker-dealer license from the Financial Industry Regulatory Authority (FINRA), company executives told CoinDesk on Friday. The move breaks a lengthy standoff between aspiring crypto broker-dealers and the U.S. regulators who approve them. For more than a year, the Securities and Exchange Commission…

The Securities and Exchange Commission (SEC) lawsuit against Ripple, related to the sale of the XRP token, has been one of the most controversial and hotly debated topics in the cryptocurrency industry. The lawsuit alleges Ripple conducted an unregistered securities offering by selling XRP, which is the cryptocurrency used by the Ripple network. The case…

Proof-of-stake is a method of maintaining the integrity of a cryptocurrency, preventing users from printing extra coins they didn’t earn. While a different method, called proof-of-work, is currently used by Bitcoin and Ethereum – the two largest cryptocurrencies by market capitalization – Ethereum has plans to migrate to proof-of-stake to make the platform more scalable…

Nov 16, 2020 at 11:51 a.m. UTCUpdated Nov 16, 2020 at 11:56 a.m. UTC(Chayatorn Laorattanavech/Shutterstock)Record Levels of Negative-Yielding Debt Strengthen Case for Bitcoin: AnalystsBitcoin’s long-term bullish case may have got another boost as the global stockpile of negative-yielding bonds hits a new high.The value of the Global Negative-Yielding Debt Index from Bloomberg and Barclays is…

The Conference Board's leading indicators no longer signal recession. The U.S. recession fears were partly responsible for the early August slide in stocks and cryptocurrencies. The leading U.S. economic indicators are still pointing to a slowdown, but no longer signal a recession, data from the Conference Board, a nonpartisan and non-profit research organization, showed Tuesday.

Decentralized finance (DeFi) has been nothing short of a miracle. For the first time ever, anyone with a simple internet connection can build wealth digitally. People in all parts of the world, regardless of their financial status or location, are bettering their lives through DeFi by making the same kinds of investment decisions previously limited