Today’s Close Could be Pivotal for Bitcoin’s Price
The bitcoin market has turned indecisive in the last 24 hours and today’s UTC close is expected to set the tone for the next move in prices.
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Bitcoin’s Bull Case Strengthens After Breaching Price Hurdle at $7.1K
BTC price chart April 3-9Bitcoin’s Bull Case Strengthens After Breaching Price Hurdle at $7.1KViewBitcoin's break above a long-term moving average resistance near $7,100 has strengthened the case for a rally to $8,000. A drop in trading volumes is a cause for concern for the bulls, however. The outlook will remain bullish as long as prices…

Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says
Coinbase’s revenue from bitcoin transactions may decline because ETF fees are lower than the exchange's, the analysts said.Still, the company will benefit from fee revenue derived from acting on behalf of the ETFs.Coinbase (COIN) shares could benefit from growing adoption of bitcoin exchange-traded funds (ETFs), but the crypto exchange needs to put in “a lot

‘We Can’t Build Something Like This on Ethereum,’ Says DYdX Founder as Mainnet Nears
Antonio Juliano was a fresh-faced computer-science grad from Princeton University in 2015 when he joined the U.S. crypto exchange Coinbase as a software engineer. He only stayed for a year, but he caught the blockchain bug.Now Juliano oversees one of the biggest and most closely-tracked decentralized exchanges, dYdX, which he founded in 2017.This article is

Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
The U.S. Securities and Exchange Commission (SEC) settled charges with Mango DAO, Mango Labs LLC and Blockworks Foundation alleging that the MNGO token was an unregistered security and that the latter entities offered unregistered broker services. The entities will destroy their MNGO tokens and ask crypto exchanges to stop trading the tokens, as well as

Bittrex, Poloniex Added to Lawsuit Claiming Tether Manipulated Bitcoin Market
A lawsuit alleging stablecoin issuer Tether and sister exchange Bitfinex manipulated the bitcoin market is getting bigger. On Wednesday, cryptocurrency exchanges Bittrex and Poloniex became the latest defendants accused of fraudulently toying with crypto asset prices in an ongoing class action whose plaintiffs have been pursuing Tether and Bitfinex on allegations of fraud, deception and…

Ethereum Scaling Project SKALE Raises $17.1 Million for Mainnet Launch
news SKALE Network, a blockchain scalability platform, has raised $17.1 million to launch its mainnet. The firm says it could be ethereum’s “best shot” to beat other smart contract platforms. The investment consists of a $10 million contribution from SKALE Labs and $7 million in a recent financing, SKALE Labs CEO Jack O’Holleran told CoinDesk,…

First Mover Americas: Bitcoin Slips to $42K From Last Week’s Yearly High
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 StoriesBitcoin, the world’s largest cryptocurrency by market value, lost ground on Monday after reaching yearly highs last week. Bitcoin fell 3% in the last 24 hours

Bitcoin Miner Marathon’s Sales Beat Fails to Impress Wall Street
Bitcoin miner Marathon Digital (MARA) beat Wall Street's fourth-quarter sales expectations, mainly due to a higher bitcoin (BTC) price during the period.The miner reported fourth-quarter sales of $156.8 million, beating the average analyst estimate of $148.8 million, according to FactSet data. The company said the quarter's net loss would've been $0.02 per share, excluding the