Why I Don’t Expect New Bitcoin Highs in 2018

news An 18-year-old Japanese youth has been sent to prosecutors in the country’s first ever trial involving cryptocurrency cyber-theft. According to a report from The Japan Times on Friday, the unnamed minor from the city of Utsunomiya, Tochigi Prefecture, allegedly stole about 15 million yen ($134,340) in the cryptocurrency monacoin. In Japan, you are legally…

Lawrence Lewitinn is CoinDesk's managing editor of global capital markets.In one of the most iconic scenes in American TV history, Jan Brady complains to her parents about all the attention her sister receives. “Marcia, Marcia, Marcia … I’m tired of being in Marcia’s shadow all the time,” Jan whines to her mom on season 3,…

news HSBC has carried out the first blockchain-based letter of credit transaction denominated in Chinese yuan. The bank said Tuesday that the transaction was marked progress for the Voltron trade finance blockchain platform it developed alongside other banks including BNP Paribas and Standard Chartered, Reuters reports. Letter of credit are a guarantee from a bank that a seller…

Coinbase posted $1.1 billion in transaction revenue in the third quarter, down from about $1.9 billion in the second quarter, the company said.Q3 trading volume was $327 billion, down from $462 billion in Q2.Coinbase had 7.4 million monthly transacting users (MTUs) in Q3, down from 8.8 million in Q2, but up from 2.1 million in…

The FX market shows a renewed bias for anti-risk Japanese yen. A similar yen outperformance early this month, triggered carry unwind and rocked risk assets, including cryptocurrencies. Some observers fear another round of carry unwind in the near future. The Japanese yen (JPY) is rallying against the U.S. dollar (USD), outperforming other fiat currencies in

news A Canadian judge has granted troubled exchange QuadrigaCX a bit more breathing room as it searches for nearly $140 million in missing cryptocurrencies. Judge Michael Wood, of the Nova Scotia Supreme Court, said he was satisfied that a stay of proceedings first granted a month ago should be extended by just under 45 days,…

Ripple, a provider of digital asset infrastructure, has introduced new functionality to its custody service The company is associated with the XRP token, which rose as much as 3.75% Thursday, its biggest intraday gain in almost two weeks, Coindesk Indices data show. 02:15 "Inside Trump's Crypto Project; Ripple's Upcoming Stablecoin To Launch in 'Weeks': Garlinghouse

"It‘ll be set up as a blind irrevocable trust, taking zero direction from us," said Dorsey.Feb 12, 2021 at 10:11 a.m. UTCJack Dorsey, Jay-Z Put 500 Bitcoin Into Trust Supporting Africa and IndiaTwitter CEO Jack Dorsey announced Friday that he will partner with rapper Jay-Z and donate 500 bitcoin (currently worth about $23.6 million) to…

Featured SpeakerDaniel AlegreCEOYuga LabsHear from Yuga Labs new CEO in his first public appearance since assuming the position.Cam Thompson is a news reporter at CoinDesk.Featured SpeakerDaniel AlegreCEOYuga LabsHear from Yuga Labs new CEO in his first public appearance since assuming the position.After months of speculation following Elon Musk’s takeover of the popular social media platform,…