MARKETS DAILY HOLIDAYS: Ode to Satoshi

news New details are emerging about a planned $1 billion token sale to be held by iFinex, the parent company of Bitfinex and Tether, two cryptocurrency companies currently being sued by the state of New York for allegedly covering up a $850 million loss in customer funds. Released today on Twitter by known company shareholder…

markets View Bitcoin’s minor recovery rally from six-week lows could be extended further to levels above $3,500 as back-to-back long-tailed daily candles are indicating a lack of conviction among sellers, despite Monday’s high-volume range breakdown. A break above the downward sloping 10-day MA of $3,511 would expose the crucial resistance of $3,658 (the high of…

The U.S. Securities and Exchange Commission is looking to impose its steepest fine yet on a cryptocurrency project, a $5.3 billion penalty for Do Kwon and Terraform Labs, the man and company behind the fatally flawed algorithmic stablecoin that jumpstarted a multi-billion-dollar, industry-wide contagion event when it imploded two years ago.This is an excerpt from

news Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert believes the crypto world will see ethereum futures contracts sometime in 2020. Speaking at Georgetown University in a fireside chat during the first day of DC Fintech Week, Tarbert told moderator Chris Brummer that he “absolutely” believes ether futures could trade in the next six to…

Aug 18, 2020 at 20:27 UTCUpdated Aug 18, 2020 at 20:28 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Slides to $11.8K; Uniswap at $7M in Monthly ETH FeesBitcoin’s prices were off from Monday’s high. Meanwhile, high fees on Ethereum helped decentralized exchange Uniswap rake in $7 million over the past month. Bitcoin (BTC) trading around…

Nov 5, 2020 at 13:50 UTCUpdated Nov 5, 2020 at 14:28 UTCFederal Reserve Chair Jerome Powell takes center stage with the U.S. presidential election still undecided two days after the vote.(Federal Reserve, modified by CoinDesk)First Mover: Bitcoin Likes Biden (and Fed’s Powell) as Price Approaches $15KBitcoin has now doubled its price in 2020, after surging…

NEWS Nov 12, 2018 at 05:00 UTC A patent application published Thursday claims the process of conducting scientific research can benefit from the blockchain. Led by a team at IBM's Watson Research Center, the patent application presents a vision for dynamic collaboration – one where researchers can track their work across institutional borders. It's another non-financial…

Worldcoin (WLD), the crypto project launched by OpenAI’s Sam Altman, is being investigated by French data protection regulator CNI for “questionable” practices, the regulator told CoinDesk."The legality of this [data] collection seems questionable, as do the conditions for preservation of biometric data," a CNIL spokesperson said in a written statement, referring to Worldcoin's practice of…

On Thursday, the European Central Bank (ECB) published a blog repeating debunked claims about bitcoin (BTC). The world’s first and largest cryptocurrency, according to ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf, has failed as a currency and investment. And therefore, it has a fair value of “zero dollars.”In other words: the central bank