Today’s Close Could be Pivotal for Bitcoin’s Price

Jul 15, 2020 at 16:00 UTCUpdated Jul 15, 2020 at 16:09 UTCJim Harper wants to stop the IRS from engaging in what he calls unlawful records seizures. (Nikhilesh De/CoinDesk)A former Coinbase user who last August received the now-infamous Internal Revenue Service (IRS) crypto letter is suing to block the tax agency from unlawfully seizing private…

Oct 12, 2020 at 19:00 UTC(ajr_images/iStock via Getty)How Investors Are Trading the ElectionAs the U.S. presidential election gets closer, market “predictions” are showing up in stocks from energy to private prisons. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.This episode is sponsored by Crypto.com, Nexo.io and Elliptic.Today on the Brief:Market rally…

Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday.GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the office of the Prime Minister of Israel.Celsius and GK8 will now provide an enterprise-grade custody platform for banks and financial institutions offering digital asset services…

Oct 21, 2020 at 14:03 UTCUpdated Oct 21, 2020 at 14:39 UTCBitcoin prices, Sep. 21 to Oct 21, 2020. Bitcoin’s price clocked fresh 2020 highs on Wednesday after online payments company PayPal announced support for cryptocurrencies.The cryptocurrency jumped to $12,481 during the U.S. trading hours to reach the highest level since July 2019, surpassing the…

ETH exchange traded-funds issuers were told by the SEC that funds can start trading July 23, according to sources. The SEC had no further comments on the recently submitted S-1s and the final versions needs to be submitted by Wednesday. ETH outperformed BTC on Monday, on the news of potential ETF trading approval. Prospective issuers

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Swiss digital asset technology provider Metaco has secured its fifth partnership with a major financial institution…

Jul 15, 2020 at 23:48 UTCUpdated Jul 15, 2020 at 23:58 UTCTwitter Breach Reactions: Security Professionals Offer an Early Assessment@jack’s been pwned.  All of Twitter went ablaze Wednesday afternoon as major crypto accounts started tweeting they had partnered with a phony site called “Crypto For Health” on a giveaway of 5,000 BTC. It was a…

Tether reported $3.2 billion of excess reserves backing the value of its stablecoins including USDT, according to its Q3 attestation released Wednesday.Signed off on by accounting firm BDO Italy, the attestation disclosed $86.4 billion of assets in reserves as of September 30 against $83.2 billion in liabilities. Those $86.4 billion in assets included about $72.6

The number of 1INCH tokens held in wallets tied to centralized exchange on Tuesday rose to a record high of over 184.28 million ($65 million), according to data tracked by analytics firm Glassnode.The so-called exchange balance has increased by 50% in three days, with the tally representing 18.65% of the circulating supply of 987.6 million…