Why the World’s Largest Asset Manager Is Getting Into Bitcoin

markets Bitcoin (BTC) remains on the defensive despite a 4-percent recovery from nine-day lows today, but bearish pressure may weaken if prices rise above key resistance near $3,900. The world’s largest cryptocurrency by market capitalization fell to $3,629 at 05:00 UTC on Bitstamp – its lowest level since Nov. 27. At press time, the price…

A major theme of 2023 was Asia’s continued rise as a critically important region in the crypto world. This is largely thanks to well-known digital asset hubs like Singapore, as well as the re-emergence of Hong Kong and Japan. While these jurisdictions indeed welcome digital assets, the hype around them can be somewhat misleading. Places

Overstock.com's token platform subsidiary tZero is officially closing its security token offering (STO) Monday night.

This week, Louis Vuitton announced a new collection of physical-backed NFTs linked to exclusive products and experiences. The pricey tokens are soulbound and cannot be sold once purchased.Meanwhile, Apple announced its new Vision Pro headset with a hefty price tag and not a single use of the word metaverse. Plus, NFT lending platforms are on…

Mar 17, 2020 at 06:00 UTCMakerDAO CEO Rune Christensen image via CoinDesk archivesMakerDAO’s Problems Are a Textbook Case of Governance FailureCathy Barrera, a CoinDesk columnist, is a Founding Economist at Prysm Group, an economic advisory group, and was Chief Economist at ZipRecruiter. She has a PhD in Business Economics from Harvard. The MakerDAO network is currently…

The U.S. Consumer Financial Protection Bureau (CFPB) wants to oversee large nonbank payment providers to ensure they're complying with the same laws that more traditional financial institutions abide by – and some subsectors of crypto transactions are included.Tuesday's proposal would, if adopted, let the CFPB look after parties involved in "general-use digital consumer payment applications,"

Once one of the world's most powerful crypto executives, Sam Bankman-Fried is now reduced to bickering with prosecutors over his access to a laptop computer.The jailed founder of the collapsed FTX exchange has access to a laptop seven days a week and three hard drives with defense material at all times, the U.S. Department of

An Australian court has dismissed a case brought by the nation’s market regulator against Finder Wallet for offering a product as a debenture.The court found that the regulator did "not establish that the Finder Earn product is a debenture” and ordered it to pay the defendant’s costs.An Australian Federal Court handed the crypto industry a

Crypto for Advisors is changing. I'm Sarah Morton, the new editor of this newsletter. Think of me as your tour guide on an ongoing journey through the evolving crypto ecosystem. I'm here to curate timely, relevant and thought-provoking content as well as answer pressing questions that clients ask. But first: Why me?My learning journey into…