Coinbase Taps Nasdaq for Direct Listing: Report

NEWSINBRIEF Bankrupt U.S.-based bitcoin mining firm Giga Watt just hiked the value of its assets in a revised filing. The firm lodged an amended voluntary petition at the bankruptcy court in the Eastern District of Washington on Thursday, stating the value of its assets as being between $10 million and $50 million, far higher than…

Bankrupt crypto exchange FTX founder Sam Bankman-Fried is adjusting to life behind bars where mackerel has replaced cigarettes as currency, the Wall Street Journal (WSJ) reported on Thursday.With smoking now banned, the age-old practice of paying for certain goods and services with cigarettes in prisons has given way to trading preserved fish. Bankman-Fried traded some

news Cryptocurrency exchange Binance has launched its new custom blockchain, Binance Chain, which will support its $3 billion BNB cryptocurrency that currently runs on ethereum. Announced Thursday, the exchange said it will activate BNB on the new network on April 23, after which holders of the token are encouraged to migrate their balances to the…

markets View Bitcoin suffered a significant drop in the last 24 hours, but the higher-lows pattern on the daily chart is still intact and the outlook remains bullish. A daily close below the July 2 low of $9,615 would invalidate the bullish higher-lows pattern and confirm a bearish reversal. The case for a drop to…

Aug 27, 2020 at 12:48 UTCUpdated Aug 27, 2020 at 13:41 UTCLIVE: CoinDesk Covers Fed Chair Powell’s Jackson Hole SpeechFederal Reserve Chairman Jerome Powell explains the U.S. central bank’s economic approach, including how it will address its previous 2% inflation goal over the next decade. CoinDesk’s First Mover Editor, Bradley Keoun, has already laid out…

news The head of South Korea’s Financial Services Commission (FSC) abruptly resigned last week, according to a July 18 report from The Korea Times. Former Chairman Choi Jong-ku reportedly left his office one day in advance of his second anniversary, amid a period of governmental reorganization. He told reporters he resigned “before the expected reshuffle”…

24H Low$296.3624H High$316.17PriceMarket Stats24H Average Transaction Feen/aReturnsNumber of TransactionsPrice PerformanceAverage Time Token is HeldTwitter SentimentSearch TrendsBitcoin CalculatorCrypto to FIATCrypto to CryptoLast Updated on 10/16/21 12:45 PM CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN…

news CJ, one of South Korea’s largest conglomerates, is developing a blockchain-based music copyright management system using AWS’ Amazon Managed Blockchain Service, according to local media. Korean news agency Yonhap said in a report Thursday that the initiative is being led by CJ OliveNetworks, a subsidiary of the CJ Corp parent company that operates the beauty…

With bitcoin setting a blistering pace for 2020, Markets Daily is back with the news moving markets, plus a look at several stories on the escalating, global interest in blockchain by governments.No time to listen? scroll down for the complete episode transcript...Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad…