Taiwan’s Crypto Industry Welcomes Regulatory Announcement

Feb 12, 2020 at 11:21 UTCUpdated Feb 12, 2020 at 11:32 UTCViewBitcoin is at its most overbought level since December 2017, according to the three-day chart's money flow index. If prices fail to establish a foothold above resistance at $10,350, a correction to $9,800 may be seen.The overall trend will remain bullish as long as…

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.Crypto investors have poured money into bitcoin exchange-traded products at a record pace ever since BlackRock filed for a spot-based ETF on June 15. New data from K33…

Popular dog-themed cryptocurrency dogecoin (DOGE) jumped about 4% in a handful of minutes following a tweet mention from Elon Musk.DOGE's price spiked to as high as $0.72 from $0.69 late Wednesday morning after Musk's post. The token just as quickly pared some of its gains and was trading at just under $0.70 at press time,…

Mar 16, 2020 at 19:00 UTCThe Fed’s $700B Bazooka Misfires, Feat. CoinDesk’s Michael Casey and Noelle AchesonFar from reassuring the markets, the Federal Reserve’s dramatic action over the weekend seems to have spooked them instead. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify,…

We are moving into an era of hyper-financialization, in which anything that can become financialized will be. And it will culminate at the intersection of AI and crypto.Through a wider use of markets, we are likely to see more seamless coordination across all aspects of society. The reason we can't use markets in a broad

Bitcoin (BTC) has decoupled from Nasdaq (NDX), having moved in tandem with Wall Street's tech-heavy equity index for most of the past four years.The 40-day correlation between bitcoin and Nadaq now stands at zero, indicating a lack of relationship between the asset classes, according to data tracked by research provider Fairlead Strategies.The correlation value is

Aug 27, 2020 at 11:05 UTCUpdated Aug 27, 2020 at 11:24 UTCFederal Reserve Chairman Jerome Powell (Wikimedia Commons)Federal Reserve Chairman Jerome Powell is expected to announce new measures to control inflation at his annual speech on the U.S. central bank’s policy approach during the Jackson Hole symposium Thursday. CoinDesk First Mover Editor Bradley Keoun writes…

The crypto industry has so far gathered about $161 million after Coinbase became the latest company to donate $25 million to its political action committees for this election, which potentially makes it among the most formidable campaign-finance operations in the U.S.That kind of cash could have allowed the PACs to spend well over $300,000 on

Dec 2, 2020 at 2:16 p.m. UTCUpdated Dec 2, 2020 at 2:39 p.m. UTCVisa May Issue USDC Credit Card After Adding Circle to ‘Fast Track’ Program: ReportVisa on Wednesday is linking its payments network of 60 million merchants to the U.S. dollar coin (USDC) digital currency developed by Circle Internet Financial on the Ethereum blockchain,…