The SEC’s Hester Peirce Isn’t a Bitcoin Champion, Just a Regulatory Realist
Regulators like the SEC shouldn’t be acting as gatekeepers to new technologies like bitcoin, according to Commissioner Hester Peirce.
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Bitcoin Drops as German Government Moves Another $500M of Assets
Germany moved about $500 million of bitcoin to crpyto exchanges. The bitcoin price fell to as low as $55,000 before recovering. Bitcoin (BTC) fell on Monday afternoon in Europe as the German government moved another $500 million of assets, blockchain data shows. According to blockchain data platform Arkham Intelligence, a Bitcoin address tagged as belonging
Editorial: We Applaud Trump’s Crypto Efforts Though His Record, Rhetoric Raise Red Flags
If CoinDesk were in the business of endorsing political candidates and if crypto were the only issue that mattered, it's pretty clear whom we would back to become the next U.S. president. After all, former President Donald Trump has spoken at a prominent Bitcoin conference, drawn wild applause for his promise to fire Securities and
Tesla’s Bitcoin Holdings Remain Unchanged in Q4
Bitcoin (BTC) holdings of electric car manufacturer Tesla (TSLA) remained unchanged in Q4 2023, according to the latest earnings report released on Wednesday.The quarterly report did not mention bitcoin, implying that the firm did not buy or sell any bitcoin in the three months ended September. The holdings are valued at $387 million at current
Join CoinDesk at CES Next Week
Jan 2, 2020 at 19:04 UTCUpdated Jan 2, 2020 at 19:42 UTCLas Vegas image via UnsplashCoinDesk will be hitting the world's biggest tech show in Las Vegas and we want to see you! Join us on Jan. 8 for an evening of brews, bitcoin and blockchain.The event will be held at G.O.A.T. Sports Bar in…
After Grayscale Victory, SEC Kicks the Can on Latest Bitcoin ETF Applications
The U.S. Securities and Exchange Commission (SEC) delayed making a decision on spot bitcoin exchange-traded fund (ETF) applications filed by WisdomTree and Invesco Galaxy earlier this year.Already down sharply on the day, bitcoin (BTC) fell further on the news, now off 4.1% over the past 24 hours to $26,100.The SEC began reviewing the applications, from
Tether Hires PayPal Government Affairs Ace as U.S. Scrutiny Unresolved
Tether's new government-affairs chief, Jesse Spiro, is coming from PayPal and had previously handled government interactions for Chainalysis. CEO Paulo Ardoino says the hire reinforces the company's "commitment to responsible innovation." Tether hired a government-affairs veteran from PayPal and Chainalysis, Jesse Spiro, to head its own shop as the issuer of the leading (USDT) stablecoin
Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes
Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level alongside easing macro pressures.BTC earlier rose to just shy of $27,300 and was trading at $27,010 at press time, up 3.2% over the past 24 hours.The CoinDesk Market Index (CMI), which measures the performance of a broad basket of
Kill the BitLicense
On Monday, New York’s Attorney General Letitia James announced an order that two crypto lending platforms unregistered with the state cease operations in the state. The companies – their names redacted in a letter published by the James’ office – were ordered to cease all business activities in the state within 10 days.The announcement calls…