China’s Communist Party Publishes Blockchain Tech 101
China’s Communist Party is moving to make blockchain literacy the norm with the publication of a guide book for officials and members.
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Mt.Gox Moves $7B Bitcoin as Part of Repayment Plans, Sparking BTC Price Plunge
Over 107,000 BTC, worth around $7 billion, were transferred from Mt. Gox wallets to an unknown address in thirteen transactions, possibly as part of a plan to repay creditors by October 31, 2024.The market reacted bearishly to these movements, with Bitcoin dropping by 1.4% to as low as $67,680 after reaching a high of over

Biden Likely to Win Popular Vote, but Not Presidency, Prediction Market Signals
This week in prediction markets:Joe Biden likely will win the popular vote – but not the election, Polymarket prices signal. The incumbent U.S. president isn't accepting crypto donations (yet). Barron Trump’s alleged involvement with the Martin Shkreli-backed DJT token is … a matter of debate.Donald Trump is one of only five U.S. presidents who won

Crypto Exchange bitFlyer Aligns Itself With FATF ‘Travel Rule’ With New Restrictions
Japan-headquartered crypto exchange bitFlyer is implementing tough anti-money laundering measures in line with global financial crime watchdog FATF's "Travel Rule" for information sharing on transfers, the company announced on Tuesday.The measures that went into effect Tuesday afternoon local time include restrictions on transfers from the exchange to platforms that don't comply with Travel Rule Universal…

Bitcoin’s Record Hash Rate May Hint at Price Gains to Come
markets View With the hash rate or miner’s confidence hitting record highs, bitcoin’s three-day narrowing price range looks set to end with a bullish breakout. A range breakout would open the doors to $10,956 – the bearish lower high created on Aug. 20. A break below Friday’s low of $10,154 would confirm a range breakdown…

UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
A U.K.-government-backed technology working group wants firms to run tokenization projects in collaboration with their peers.The group's second report on the topic says funds should be able to hold tokenized assets as well as settle transfers on-chain.A technology working group backed by the U.K. government is urging firms to execute tokenization strategies in collaboration with

Bitcoin Price Looks South After Second-Largest 24-Hour Drop of 2019
news View Bitcoin closed below $9,614 on Tuesday, confirming a bearish reversal on the daily chart. The invalidation of bullish higher-lows pattern is backed by bearish developments on the short-term charts. Prices risk falling to $9,097 (May 30 high) in the next 24 hours. A close below that would expose the 100-day moving average line,…

SkyBridge Capital Has Already Invested $182M in Bitcoin
Dec 29, 2020 at 8:36 p.m. UTCFormer White House Communications Director Anthony Scaramucci (Chris Williamson/Getty Images)SkyBridge Capital Has Already Invested $182M in BitcoinAnthony Scaramucci’s SkyBridge Capital investment firm has invested $182 million in bitcoin, according to an investor brochure shared with CoinDesk about its forthcoming bitcoin fund. The firm, which has $9.3 billion under management, is…

Bitcoin Keeps Recovery Hopes Alive With Defense of Major Average Support
Mar 4, 2020 at 11:25 UTCUpdated Mar 4, 2020 at 11:30 UTC View A corrective bounce above $9,000 is suggested by a bullish daily chart candlestick pattern. However, that may remain elusive if buyers fail to defend the 200-day average at $8,720. A daily chart trend indicator is reporting a weakening of bear momentum. BTC,…