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

Zimbabwe’s gold-backed digital token is not going to stabilize the country’s local currency as the central bank hopes, two economists told CoinDesk.On May 8, the Reserve Bank of Zimbabwe issued gold-backed digital tokens, which are a form of electronic money backed by the country's gold reserves. Gold-backed digital token investors will be able to hold…

A decision by a Montenegro high court approving the extradition of Terra founder Do Kwon to either the U.S. or South Korea has been rejected by the country's Appeals Court, a Tuesday notice shows.The former CEO of Terra was arrested and sentenced to prison in Montenegro over charges of possessing falsified official documents. The U.S.

Colombia-based stablecoin protocol El Dorado said Tuesday it completed a $3 million seed venture capital investment round to build a crypto payments "superapp" for the Latin American region.Multicoin Capital was the lead investor, with crypto exchange Coinbase's venture capital arm Coinbase Ventures, UC Berkeley Skydeck and Awesome People Ventures also participating in the round.19:02Sen. Lummis

There’s reportedly been a nasty bug going around OG crypto holders, affecting arguably the most critical part of Web3 infrastructure: the MetaMask wallet. Over 5,000 ETH (worth approximately $10.5 million) have been stolen from crypto veterans since December, crypto-skeptical newsite Protos reported, citing an informal investigation done by MyCrypto founder Taylor Monahan.It appears that developers…

Oct 20, 2020 at 09:20 UTCNational Stock Exchange of Australia (NSX), a stock exchange company that has built a distributed ledger technology-based trading system, says it has cleared initial hurdles and is just a step away from being permitted to connect to the Australian Securities Exchange (ASX).NSX announced Tuesday that its DLT-based Digital Exchange Subregister…

The purchases suggest institutional investors’ appetite for crypto exposure in the bull market goes far beyond bitcoin, or even ether. (Filippo Andolfatto/Unsplash)Feb 17, 2021 at 5:40 p.m. UTCGoldman Sachs, JPMorgan, UBS Are Trading an ETP Tied to Polkadot’s CryptoTraditional finance is going further down the crypto rabbit hole than you might think.Goldman Sachs, ICAP, JPMorgan,…

Some of the world's largest market-making firms are in the mix to potentially provide liquidity for BlackRock's eagerly awaited bitcoin ETF if regulators approve the product, according to a person with knowledge of the matter.Trading giants Jane Street, Virtu Financial, Jump Trading and Hudson River Trading have held talks with BlackRock about a market-making role

This space ain't big enough for all of us. That about sums up the way R3's technical chiefs, CTO Richard Gendal Brown and lead platform engineer Mike Hearn, view the rivalry among enterprise blockchain solutions. While it may be more genial and less chaotic than the public blockchain world that Hearn left behind when he…

Bitcoin network fees surged to over $37, the highest since April 2021 as Bitcoin NFTs called Ordinals surge in popularity.High transaction fees are a boon for publicly listed bitcoin miners and outperform range-bound BTC price.Bitcoin (BTC) miners enjoy windfall profits as transaction fees spiked to the highest since April 2021 due to rising Ordinals inscriptions.The