The Mainstream Media Narrative Shifts as Deutsche Bank and Morgan Stanley Come to Bitcoin

Oct 28, 2020 at 14:31 UTCBitcoin has pulled back sharply from 16-month highs reached early Wednesday alongside heightened coronavirus-induced risk aversion in global stock markets.At the current price of $12,980, the top cryptocurrency by market value is down over 5% on the day and 7% from the Asian session high of $13,857. That was the…

Cybersecurity experts at Japan Digital Design, a subsidiary of Mitsubishi UFJ Financial Group (MUFG), say they've found possibly revealing information on the bad actors behind the $60 million hack of Japanese crypto exchange Zaif. The company announced in a press release Monday, that it has been investigating the outflow of funds from Zaif since soon…

U.K. lawmakers on Thursday passed a bill that will help law enforcement agencies seize and freeze crypto used for crime.The Economic Crime and Corporate Transparency Bill covers a range of criminal activities from drug trafficking to cybercrime and is expected to get the King’s approval on Thursday that will put into force. Provisions in the

Miami-Dade County in Florida has approved a resolution to create a task force to study the feasibility of accepting cryptocurrency as a form of payment for taxes.The Cryptocurrency Task Force will offer recommendations around other potential policies related to crypto that could prove advantageous, according to an announcement Wednesday.First and foremost, the task force will…

The dogwifhat token surged after crypto exchange Binance said it will list the token.Many other meme coins have lost ground following a frenetic weekend that saw several more than double in price.Bitcoin dominance rose from 51.8% to 52.3% on Tuesday after it surged towards $68,500.Crypto exchange Binance said it will add dogwifhat (WIF) to its

Jun 23, 2020 at 13:04 UTCUpdated Jun 23, 2020 at 13:05 UTCDeFi Protocols Should Be Fiduciaries, Not Structured Product DealersLex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Fintech Blueprint newsletter. This week, I grapple with the concepts of financial centralization…

Twitter CEO Jack Dorsey told a Congressional committee Wednesday that the social media company is exploring blockchain solutions for its platform. Dorsey was responding to a question from California Representative Doris Matsui during a House Committee on Energy and Commerce hearing that focused on alleged bias against political conservatives on Twitter. "You previously expressed interest…

ErisX Unit Gets CFTC ‘OK’ to Clear Fully Collateralized SwapsEris Clearing LLC, the clearing arm of Eris Exchange, has won the Commodity Futures Trading Commission’s blessing to provide clearing services for fully collateralized swaps in addition to its existing business of clearing virtual currency products.Eris Exchange, better known as ErisX, is a Chicago-based crypto futures…

markets Bitcoin’s (BTC) struggle to build a notable bounce could end if prices beat key resistance above $3,600. The leading cryptocurrency by market value fell to 15-month lows near $3,200 last week, pushing the 14-week relative strength index (RSI) below 30.00 for the first time since 2015. So, with bitcoin so extremely oversold, a recovery…