Tesla Tapped Coinbase for $1.5B Bitcoin Buy: Report

news Andrew Yang, one of a number of candidates looking to take on U.S. president Donald Trump in the 2020 presidential election, has released a new policy statement for crypto-assets. In the statement, Yang — who is currently vying for the Democratic Party nomination among a crowded field of candidates — indicated his goal to…

“We've successfully navigated this crisis, and have actually upgraded the market infrastructure behind USDC to be by far the strongest, safest digital dollar on the internet today, hands down, there's no question,” Allaire said on stage at CoinDesk’s Consensus conference here.

news MicroBT, the maker of WhatsMiner bitcoin mining equipment, says it has made about $400 million in just a few months, despite delays to its chip supply. Yang Zuoxing, founder and CEO of the Shenzhen, China-based firm, said in a keynote speech at the New Era Mining Summit hosted by mining pool Poolin on Sunday…

Crypto’s latest depegging disaster may take a turn for the better for affected investors. The issuer of failed real estate-backed stablecoin USDR plans to liquidate the token’s assets and hold a redemption.“Our focus now is to make users whole,” Michael Slatkin, who leads marketing for USDR issuer Tangible, said in the group’s Discord server late

BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Fran is CoinDesk's TV writer and reporter. BowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...BowTiedBullPresidentBowTied JungleThe pseudonymous…

Oct 12, 2020 at 14:47 UTCUpdated Oct 12, 2020 at 15:00 UTCMakerDAO’s Embrace of Centralized Stablecoins Offers Risks and RewardsMakerDAO, rebel no more?There are two kinds of stablecoins. The centralized type is implemented on a blockchain but anchored to Wall Street and the Federal Reserve. Dai, a decentralized stablecoin governed by the Maker Decentralized Autonomous…

NEWS Bitcoin is looking oversold after a drop to 13-month lows Wednesday and could defend immediate support at $5,000 in the next few days. The world’s top cryptocurrency by market value fell to $5,324 (price via Bitstamp) in a matter of hours yesterday, reaching its lowest level since Oct. 18. The average price across major…

HNT was beaten only by dogwifhat over the past seven days. Helium Network is a strong example of a real-world use for blockchain technology, according to one observer. Helium Network's HNT token has chalked out a market-beating rally amid the growing adoption of the wireless phone service Helium Mobile. HNT's price has surged over 40%

Oct 12, 2020 at 20:28 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Bumps Close to $11.6K; Ether Options Open Interest DipsBitcoin bounced close to $11,600 before retreating a bit while ether options traders are less active than they were in September.Bitcoin (BTC) trading around $11,552 as of 20:00 UTC (4 p.m. ET). Gaining 1.7% over…