Below $7K: Bitcoin Price Looks Indecisive After 19-Day Low
Bitcoin’s price dropped to 19-day lows below $7,000 and created a doji candle on Sunday, signaling indecision in the marketplace.
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As Central Banks Go Digital, Crypto Competition Looms
Michael J. Casey is the chairman of CoinDesk's advisory board and a senior advisor for blockchain research at MIT's Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. With blockchain platforms being tested for various business processes, prospective enterprise users that are unwilling to…

First Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in April
May 1, 2020 at 11:47 UTCUpdated May 1, 2020 at 12:06 UTCFirst Mover: Tezos Led Crypto Market With Twice Bitcoin’s Gains in AprilBitcoin? Ether? Ripple? Meh. During a month where cryptocurrencies zoomed, the lesser-known Tezos beat them all. Tezos (XTZ), one of the largest and most prominent among a fast-growing roster of digital coins known as…

Astria, Project to Decentralize Crucial Blockchain ‘Sequencers,’ Goes Live With Main Network
Astria, a blockchain project describing itself as the "first decentralized shared sequencing layer," has launched the main network for its alpha release. The project is among those aiming to decentralize blockchain "sequencers" – the component of a layer-2 network that compiles transactions happening on the secondary network, in order to record them on a main

Ordinals Defy Bitcoin’s Design Principles but Offer Miners Huge Post-Halving Advantages
It wasn’t supposed to be possible. Yet, with the advent of Ordinals and BRC-20, the Bitcoin network is seeing an influx of major developments that have unlocked BTCFi — DeFi using Bitcoin as its primary asset. This has brought new capabilities to a network traditionally known for its transactional simplicity, with the total market cap

The Shopification of Wealth
Before Shopify, building and running an e-commerce site was expensive, operationally intensive and a logistical nightmare. Only large retailers could afford to build and operate an online store that could truly serve a large customer base, which made e-commerce seem like a small market. Enter Shopify: by eliminating the supply constraints — enabling anyone with

1 Gigawatt Bitcoin Mine Under Construction in Texas Would Dwarf Bitmain’s
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Coinbase Hit With Outage As Bitcoin Price Drops $1.8K in 15 Minutes
news Crypto exchange Coinbase experienced a brief outage Wednesday afternoon, with both its website and API rendered temporarily inaccessible, as the price of bitcoin dropped more than $1,700 in the span of 15 minutes. According to Coinbase’s status page, the exchange reported major outages across its website, mobile apps and API, though its internal systems appeared to…

What to Expect When Facebook’s Zuckerberg Defends Libra on Capitol Hill
news Once again, Facebook will face the fire on Capitol Hill on Wednesday, with the Libra cryptocurrency project taking center stage. Mark Zuckerberg, the social media giant’s founder and CEO, will testify before the House of Representatives Financial Services Committee, arguing that Libra will benefit unbanked individuals and that the U.S. should allow Libra to…