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Prescient Bitcoin Whale Moves $244M in BTC to Crypto Exchange. Has BTC Price Topped?
A large bitcoin (BTC) investor sent 7,000 bitcoin – worth roughly $244 million – to crypto exchange Bitfinex late Thursday, potentially to realize profits from earlier purchases.Whales are crypto investors who control large amounts of digital assets. Their crypto purchases and sales may have a sizable impact on markets, thus crypto watchers closely follow their
Binance Has Challenged India’s $86M Tax Showcause Notice: Source
Binance has been issued a tax showcause notice of nearly $86 million by an Indian tax authority. Binance has challenged the showcause notice, according to a person familiar with the matter. Binance, the world's largest cryptocurrency exchange, has "challenged" a nearly $86 million tax showcause notice from India's Directorate General of Goods and Services Tax

Fiat-to-Crypto ‘Carry Trade’ May Tempt Traders Tired of Negative Interest Rates
markets With the era of negative interest rates well and truly here, return-hungry investors may increasingly borrow in low-interest fiat currencies and invest in higher-yielding cryptocurrency accounts. “The fiat-BTC carry trade is the next step in bitcoin growth,” tweeted popular bitcoin quant investor @100trillionUSD on Oct. 10. A carry trade is a strategy where a trader uses…

Protocol Village: Safe, for ‘Smart Accounts,’ Completes Acquisition of Crypto Business Wallet Multis
April 18: Safe, a provider of blockchain smart accounts, has "welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code," according to the team: "Thibaut Sahaghian, former CEO of Multis, will take on the role of network abstraction lead within the Safe ecosystem.

How to Make Money Buying Art: Advice From Art Market Economist Magnus Resch
Magnus Resch has been called many things: an art collector, a storyteller and at least once, by CNN, “the world's leading art market economist." He’s run galleries, taught in the Ivy League and has tried to quantify the often opaque world of art collecting.In his new book, “How to Collect Art,” which will be published

Crypto Catalyst Watch: June CPI, PPI Readings Hold the Spotlight
After a week of key jobs reports, inflation data is returning to the spotlight this week with Wednesday’s release of the U.S. June Consumer Price Index (CPI) and the Producer Price Index the following day.Investors will be looking for declines that could justify the U.S. central bank reversing course on its intent to raise interest…

This North Syrian School Is a Baby Step Toward a Blockchain Society
feature Rachel-Rose O’Leary is a reporter at CoinDesk covering how cryptocurrencies are being used in areas of economic, social and political unrest. This article is part of her series from Rojava, Syria. “It’s a first for Rojava and a first for the Middle East.” That’s how 22-year-old programming student Mohamed Abdullah describes the Open Academy – a new…

Blockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?
Deltec invested some clients' funds in bitcoin, but not Tether's, the bank confirms. So what exactly is backing tether?(Jason Pofahl/Unsplash)Jan 15, 2021 at 5:46 p.m. UTCUpdated Jan 15, 2021 at 6:27 p.m. UTCBlockchain Bites: Coinbase Wants to Crowdsource Asset Listings; What’s Up With Tether’s Bank?Bitcoin is in the red today, following yesterday evening’s announcement of…