Airbnb Co-Founder Backs $22 Million Funding for Crypto Dealer SFOX

markets View With bitcoin’s move today to 4.5-month highs near $5,080, the transition from bear to bull market appears done and dusted. The trend change would gain credence, though, if and when BTC finds acceptance above the former support-turned-resistance of the 21-month exponential moving average (EMA), currently at $5,200. The cryptocurrency is looking overbought as…

news The NEM Foundation is mapping out its survival plans in real time after obtaining a funding injection of roughly $8 million last month and laying off most of its staff. The request to release 210 million XEM (the native token of the NEM blockchain) from reserves was approved by key members of the community…

While we have made great strides in shifting the narrative around Bitcoin’s bad environmental image (see this recent surprisingly optimistic report from Christian Stoll, Lena Klaaßen, Ulrich Gallersdörfer and Alexander Neumüller), we have to remember to stay balanced in our messaging.Bitcoin mining alone won’t save the planet, but it is a valuable tool for managing…

Over a million dollars'-worth of bitcoin was hidden in a picture – and there's still some left to be found. Called the 310 BTC Bitcoin Challenge, a pseudonymous user going by the name "Pip" stashed a total of 310.61 BTC (worth $2,011,267 at press time) into four digital wallets earlier this month – with the…

The U.S. Treasury Department has been studying how it might keep retail transactions in a potential digital dollar as private and anonymous as possible, said Graham Steele, the assistant secretary for financial institutions, though he said the U.S. hasn’t yet decided whether to move forward on a central bank digital currency (CBDC).“It is important that…

news Executives from multi-million dollar startup Golem Factory are launching a new non-profit initiative called the Golem Foundation to pursue more ambitious research and development opportunities. As stated in a June 28 blog post by Julian Zawistowski, CEO of the Golem Factory, the aim of the Foundation is to “strive for new – perhaps innovative…

news The venture capital arm of the U.S. National Association of Realtors (NAR) has bought a stake in blockchain-based real estate startup Propy. Second Century Ventures – NAR’s real estate technology VC fund – invested an undisclosed amount in Propy via its REACH accelerator program, according to a press release sent to CoinDesk on Monday. Propy…

FLOKI AND WIF are up as much as 8% since the start of Asian trading hours.GameStop stock rallies have often preceded a rise in crypto meme coins.Several dog-themed tokens started to move higher Tuesday as stocks of video game retailer GameStop (NYSE: GME) surged over 19% in pre-market trading.Floki (FLOKI) and dogwifhat (WIF), two tokens

Jan 11, 2021 at 1:25 p.m. UTCBitcoin’s Big Drop Again Coincides With Dollar Bounce in Forex MarketsBitcoin continues to trade in the opposite direction to the Dollar Index in a reflection of the cryptocurrency’s maturation as a macro asset like gold. The top cryptocurrency by market value slumped to $32,400 early on Monday, having set…