Waves and the Tricky Task of Being a Russian Crypto Brand

Bitcoin mining facility via CoinDesk archivesThe 2020 Rainy Season Is Tougher Than Ever for China’s Bitcoin MinersThe rain has come. The machines are humming. This should be the best time of the year for China’s bitcoin miners. The monsoon season, generally from June to October, brings excessive rain and thus cheap hydro electricity. But this…

May 19, 2020 at 12:58 UTCUpdated May 19, 2020 at 13:17 UTCArthur Hayes, CEO of BitMEX, at CoinDesk Consensus 2018 (Credit: ConiDesk archives)BitMEX Trading Engine Goes Offline, Company ‘Investigating’[UPDATED 13:06 UTC] The trading engine for BitMEX, formerly the largest bitcoin derivatives exchange measured by open interest, went down on Tuesday at 12:13 UTC, according to…

Crypto has an image problem. The tech is too technical. The finance is too heavy on the numbers. The industry is replete with scams. Some decentralized apps, or dapps, to use crypto’s preferred terminology (jargon is another issue), take pride in the fact that they look like they were released in the early 1990s –…

Shortly before Asia equity markets opened on Friday, Bitcoin remained largely unmoved by the latest macroeconomic stirrings, while major altcoins that had dropped during U.S. trading hours steadied, albeit mostly in the red.Bitcoin, the largest cryptocurrency by market capitalization, was recently trading just below $29,200, roughly flat over the past 24 hours. BTC has been…

Crypto trading platform Bitget has established a $100 million pot to fund growth of its ecosystem through investing in exchanges, data analytics firms and media organizations.The Seychelles-based company said it wants to "broaden its business horizons" through creating a trading ecosystem that incorporates investment, research, decentralized finance (DeFi), media and other functions, according to emailed

Good morning. Here’s what’s happening:Prices: Caleb & Brown's Jake Boyle explains why ether might be the more interesting play than bitcoin.Insights: Coinbase's stock is up more than 23% since Ripple's partial court victory against the SEC last Thursday. In a CoinDesk TV interview, Needham analyst John Todaro discussed why he's upbeat about the company.As East…

MicroStrategy upsized its convertible debt offering to $700 million from $600 million to buy bitcoin.The conversion price of the notes represents 42.5% premium to March 5 close.MicroStrategy (MSTR) has upsized its convertible debt offering to $700 million from $600 million to buy more bitcoin (BTC).The Tysons Corner, Virginia-based firm, founded by staunch bitcoin advocate Michael

Bitcoin (BTC), the world's largest cryptocurrency by market value, has climbed to levels not seen since May 2022 on Friday amid quiet trading in traditional markets, the day after the U.S. Thanksgiving holiday.The cryptocurrency briefly touched $38,000 earlier Friday morning but retreated to levels around $37,800. BTC has now held above the $38,000 threshold for

Oct 9, 2020 at 16:13 UTCUpdated Oct 9, 2020 at 16:40 UTCCME headquarters, Chicago(Daniel J. Macy/Shutterstock)The Chicago Mercantile Exchange (CME), the largest U.S. regulated market for bitcoin futures, has been sounding out cryptocurrency traders to gauge their interest in a listing of futures and options for the Ethereum blockchain’s native tokens.Darius Sit, founder and chief…