Travis Kling: In the Fed Era, There’s No Such Thing as Market Fundamentals

I was just going to write about spending several hours in a Costco, but luckily perhaps for all of us, there are somewhat more important things happening in crypto and regulation. Such as: we have just passed the first deadline for comments on the IRS proposal to classify certain types of crypto entities as brokers

markets Investing in financial markets can be an emotional roller-coaster and the bitcoin market is no exception. When it comes to investment, human emotions tend to oscillate between two extremes – fear and greed – and the constant balancing act between the two creates a cycle of market emotions.   For years, traders and investors…

With BTC struggling to break past $24K and the SEC suing Ripple, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.This episode is sponsored by Crypto.com and Nexo.io.Today’s stories: As expected, the SEC has filed suit against Ripple, saying it violated federal securities laws in selling $1.3 billion in XRP over the past…

Aug 13, 2020 at 20:29 UTCUpdated Aug 13, 2020 at 21:04 UTCWriting Bitcoin Smart Contracts Is About to Get Easier With New Coding LanguageBitcoin smart contracts are a tricky beast to tame, but a new language is making them easier to write, democratizing them in a sense. Smart contracts can (among other things) allow users…

Bitcoin (BTC) and ether (ETH) remained little changed over the past 24 hours amid tepid price catalysts and fading volumes in both spot and futures markets.The price of bitcoin appeared set to retake the $27,000 level early Wednesday, but the rally was turned back alongside a renewed slide in the U.S. stock market.FxPro markets analyst

FTX and Lightspeed Venture Partners have led a $21 million Series A funding round for gaming studio Faraway.Faraway said in a press release Thursday the other participants in the funding round included a16z, Sequoia Capital, Pantera Capital, Jump Capital and Solana. Faraway raised an $8 million seed round earlier this year, which was also led…

Oct 27, 2020 at 20:25 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Jumps to $13.7K, Nearing 2019’s High; Ether Volatility Reverses CourseBitcoin made gains Tuesday toward its 2019 high while ether’s volatility rose after an October in decline.Bitcoin (BTC) trading around $13,668 as of 20:00 UTC (4 p.m. ET). Gaining 5% over the previous 24…

Dec 11, 2020 at 10:55 a.m. UTCIndia’s Banks Are Once More Serving Crypto Traders and ExchangesBanks in India are again doing business with select cryptocurrency exchanges and their customers.Top institutions such as State Bank of India, ICICI Bank, HDFC Bank and Yes Bank are allowing customers to use their bank accounts to fund cryptocurrency trading.…

Jul 9, 2020 at 20:28 UTCUpdated Jul 9, 2020 at 20:34 UTCCryptocurrency exchange Bitfinex will have to face allegations from New York State that it hid millions in lost funds, according to a ruling by the State Supreme Court’s Appellate Division on Thursday.  New York prosecutors alleged in April 2019 that Bitfinex lost $850 million…