Bitcoin’s Price Falls Below $6K to Near 2018 Low

Jack Dorsey’s fintech company Block (SQ), formerly known as Square, is linking together two of its biggest platforms, merchant services system Square and peer-to-peer payments app CashApp, to give retail stores the ability to automatically convert a portion of their daily sales into bitcoin (BTC), according to an announcement on Wednesday.The tool, called Bitcoin Conversions

Indian regulators' clampdown on cryptocurrency businesses is forcing the exchange startup Unocoin to experiment with stablecoins and ATMs to continue receiving fiat deposits from customers. Unocoin co-founder Sunny Ray told CoinDesk his company hasn't been able to transact through regular banking channels with its 1.3 million customers for several months, after the Reserve Bank of…

Bitcoin held steady above $27,000 in European morning hours on Wednesday, with broader crypto markets barely moving as some traders pointed to central bank policy decisions in the coming days before expecting any movement.The bitcoin (BTC) price encountered resistance at $27,400 earlier in the day, failing to break above the 50-day moving average. In the

In the wake of Binance’s $4.3 billion settlement with U.S. regulators last November, a shift is underway in the institutional adoption of digital assets. We are now in a fresh market cycle and we’re seeing innovative custody solutions and many market opportunities.The collaboration between Binance and Sygnum to introduce a tri-party agreement for off-exchange custody

Feb 27, 2020 at 10:00 UTCUpdated Feb 27, 2020 at 10:08 UTCCredit: VDB Photos / ShutterstockA U.S. court has found a former Microsoft software engineer guilty of embezzling millions of dollars and turning it into bitcoin to fund a life of luxury. Volodymyr Kvashuk, 25, was convicted Tuesday by the U.S. District Court in Seattle…

Alex Mashinsky, founder and former chief executive office of crypto lender Celsius, sought to have the Federal Trade Commission (FTC) drop its case against him in a Monday court filing.Celsius filed for bankruptcy last year as the crypto winter set in, and Mashinsky was arrested in July following a joint move by the consumer-protection body

Sep 25, 2020 at 16:00 UTCBitcoin News Roundup for Sept. 25, 2020With bitcoin’s best day in two months and a surprisingly positive report out of Chinese state media, CoinDesk’s Markets Daily is back for your latest crypto news roundup!For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.This episode is…

Aug 28, 2020 at 16:44 UTCBlockchain Bites: Winklevoss’ Wild Prediction, Bitcoin Miners’ Horde, Ethereum’s ‘Critical Bug’Mongolian authorities have put the kibosh on cheap electricity for crypto miners, Venezuela is seeing healthy crypto use outside government-approved exchanges and a “critical bug” has left 13% of Ethereum nodes useless. You’re reading Blockchain Bites, the daily roundup of the…

feature In a space infamous for promising radical transformation but delivering mostly prototypes so far, Roberto Mancone, we.trade’s chief operating officer, has a record of making good on his pledges. Early last year, he promised the trade finance blockchain platform would go live by mid-2018 – which it did, with a focus on trading between…