At Bitcoin Cash Birthday Bash, Crypto Embraces the Strange
A gathering in London saw the cryptocurrency community cavort with cross-dressers and samurai dwarves, all in the name of history.
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Bitcoin/Euro Suffers Flash Crash on Coinbase
Bitcoin took 10 minutes to return to parity with euro trading pairs on other exchanges.Flash crashes are typically attributed to a lack of liquidity or a "fat finger" trade.Bitcoin (BTC) lost 23.7% of its value against the euro on Coinbase (COIN) Tuesday during the period of high volatility that followed the crypto's surging to a
Grayscale Said Close to Filing to Convert Bitcoin Fund Into Spot ETF: CNBC
Grayscale Investments plans on applying to convert the world’s biggest bitcoin fund into a spot exchange-traded fund (ETF) early this week, according to a report by CNBC, citing a person with knowledge of the matter.While the exact timing of Grayscale’s intended filing may be new, the world’s largest digital asset manager has made no secret…
First Mover: Short Shrift for XRP Token’s 169% Price Surge as Traders Obsess Over Bitcoin
Dec 2, 2020 at 2:21 p.m. UTCUpdated Dec 2, 2020 at 2:37 p.m. UTCXRP dominated the performance rankings of the CoinDesk 20 digital assets in November.(Unsplash, modified by CoinDesk)First Mover: Short Shrift for XRP Token’s 169% Price Surge as Traders Obsess Over BitcoinBitcoin was higher, in an indecisive-looking market swinging between about $18,300 and $19,300.…
IMF Says CBDCs Have Potential, But Don’t Solve Every Issue
Oct 19, 2020 at 12:11 UTCIMF Says CBDCs Have Potential, But Don’t Solve Every IssueCentral bank digital currencies (CBDCs) may benefit countries looking to exert greater control over their monetary policy but don’t solve for every crisis, said a report from the International Monetary Fund (IMF) published Monday. While most of the report assessed the different…
Robinhood Opens Trading for 7 Cryptocurrencies in New York
news Robinhood, the popular stock and crypto investing app, has officially launched bitcoin, ethereum, and other cryptocurrency trading in New York. Silicon Valley-based Robinhood received a BitLicense from the New York Department of Financial Services (NYDFS) in January 2019 and on Thursday opened access to crypto trading in the Empire State. From the press release: Currently, you…
Fortnite vs. Apple and Google Is the Internet’s First ‘World War’
Aug 14, 2020 at 19:00 UTC(Muhammad Faiz Zulkeflee/Unsplash)Fortnite vs. Apple and Google Is the Internet’s First ‘World War’What’s truly at stake is the power to shape and profit from the future of digital experiences. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox,…
A New Crypto Scam Shows Perils of Elon Musk’s Twitter
A purported $25 million crypto giveaway on the social-media platform formerly known as Twitter is – no surprise, really – indeed too good to be true.Posts on X on Thursday and Friday lean into one of the hot stories of the moment in crypto: the Grayscale Bitcoin Trust (GBTC), which, as a result of a
Beyond KYC: Regulators Set to Adopt Tough New Rules for Crypto Exchanges
feature The Takeaway The Financial Action Task Force (FATF) is set to finalize new international standards for regulating cryptocurrency firms next month. Those standards are widely expected to subject crypto exchanges, wallet providers and others to the “travel rule” long followed by correspondent banks. Industry representatives say this requirement would be onerous if not unworkable…