Under Pressure: Bitcoin Price Could Defend $5.6K, Charts Say

Apr 21, 2020 at 09:20 UTCKik CEO Ted Livingston (Credit: CoinDesk archives)Blockchain Association Tries to Draw Legal Line Between Kik’s Token and Its 2017 Pre-SaleThe Blockchain Association has filed a “friend-of-the-court” brief in the ongoing legal case between the U.S. Securities and Exchange Commission (SEC) and messaging startup Kik, arguing the firm's kin token is…

Feb 13, 2020 at 15:25 UTCUpdated Feb 13, 2020 at 15:26 UTCTorus CEO Zhen Yu Yong. (Photo courtesy of Torus)Torus, a key-management startup offering one-click logins for decentralized apps (dapps), launched out of beta Thursday, announcing eight initial hosting partners for its Web 3.0 product.Alongside Torus itself, Binance, Ethereum Name Service (ENS), Etherscan, Matic Network,…

BOTTLENECK: If too many bitcoin transactions are sent at one time, miners prioritize ushering through those with higher fees. Those with smaller fees must wait. (Credit: Shuttertsock) BitMEX Is Making Bitcoin Network More Expensive for Everyone, Researcher FindsEvery day, around mid-morning New York time, the average fee bitcoin users worldwide pay to send the cryptocurrency…

May 26, 2020 at 11:41 UTCUpdated May 26, 2020 at 11:42 UTCBitcoin moved back over $9,000 earlier on Tuesday alongside signs of an improved risk appetite in the traditional markets.  Prices rose to a high of $9,010 at 08:05 UTC, but quickly fell back below $8,900, pouring cold water over excitement generated by Monday’s 2.3%…

Web3 gaming studio Pixion Games has raised $5.5 million in seed funding to build out Fableborne, the developers’ flagship game.The round saw participation from a handful of notable investors including the Avalanche Foundation’s Blizzard Fund, investment firm Shima Capital, gaming decentralized autonomous organization ReadyPlayerDAO and more.Pixion plans to put the funds towards Fableborne, the studio’s…

It's September, and the next generation of investors is back in class, many of whom are digital natives with much different investment interests from their parents and grandparents. Studies show that "almost 60% of Gen Z and millennial investors own cryptocurrency and stocks, with crypto edging out stocks as the most popular investment."The Great Wealth

feature Blockchain analytics firm Elliptic partnered with the Massachusetts Institute of Technology (MIT) to publish a public dataset of bitcoin transactions associated with illicit activity. The group’s study detailed how researchers at the MIT-IBM Watson AI Lab used machine learning software to categorize 203,769 bitcoin node transactions worth roughly $6 billion in total. The research explored…

A majority of the U.S. House Financial Services Committee voted in favor of a resolution seeking to eliminate the Securities and Exchange Commission's Staff Accounting Bulletin 121 – commonly referred to as SAB 121 – a controversial piece of guidance that directs financial institutions to hold customers' crypto assets on their own balance sheets.During an

Oct 23, 2020 at 13:02 UTCUpdated Oct 23, 2020 at 13:33 UTC(BigTunaOnline/Shutterstock)Kik’s Token Survives SEC Battle, No Barrier to Exchange Listings, Says Kin FoundationDoubts over the the future of the Kin token project from messaging app firm Kik appear to have been dispelled.In a blog post Friday, the Kin Foundation, the non-profit set up to…