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Thursday, August 26, 2021

CryptoCurrency News: Why Did Visa Buy a $150K NFT? Why Does Anyone?



There are some very good reasons, it turns out, rooted in our deep, totally irrational animal brains.

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Sunday, August 1, 2021

CryptoCurrency News: US Stablecoin Regulation Could Lead to Geopolitical Competition



Recent regulatory developments could push stablecoins closer to the existing fiat system, unleashing competition for control over a lifeblood of the crypto industry, says our columnist.

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CryptoCurrency News: Parsing 3 Types of Risk in Digital Assets



In digital assets, high yields are ubiquitous, but it’s not always clear what risks are actually taken to generate these yields, says our columnist.

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CryptoCurrency News: Crypto Volatility Index 2.0 Rolled Out With USDC Support



Users can now open USDC positions and stake CVI USDC through the index.

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CryptoCurrency News: Market Wrap: Bitcoin Expected to Pause Before Next Rally



Analysts expect bitcoin to pause at around $40K before its next leg up.

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CryptoCurrency News: Traders, Unswayed by Axie Infinity Hype, Are Aggressively Shorting AXS



Data underscores that It’s not that easy to win over a crypto trader’s heart.

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CryptoCurrency News: How Decentralized Is DeFi?



Uniswap’s removal of a set of assets from its interface has the community asking just how decentralized is the platform.

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CryptoCurrency News: Market Wrap: Bitcoin Stalls After Short-Squeeze Rally



Technical data suggests lower support around $34,000 could stabilize the current pullback.

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CryptoCurrency News: Why Stablecoins Are Suddenly in the News



From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.

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CryptoCurrency News: Crypto News Roundup for July 27, 2021



With the crypto markets stabilizing after a recent short squeeze and a look at how crypto developers are spending more time optimizing than innovating, CoinDesk’s Markets Daily is back with the latest news roundup.

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CryptoCurrency News: Bitcoin, Ether Options Markets Pare Bearish Bias



The short-term put-call skews have pulled back due to a flurry of call buying.

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CryptoCurrency News: State of Crypto: Congress Is Holding 3 Hearings Today, Here’s What to Expect



Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases.

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CryptoCurrency News: Crypto Fintech Eco Raises $60M for High-Yield USDC Savings App



The a16z-backed Eco, where users’ deposits are loaned out in USDC, says it’s keeping an eye on the BlockFi case.

via CoinDesk

CryptoCurrency News: Solana’s Saber Labs Raises $7.7M in Seed Funding Round Led by Race Capital



Funding will go toward three main areas including hiring, marketing as well as business and product development.

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CryptoCurrency News: Bitcoin Takes a Breather as Stocks Drop, Inflation-Adjusted Bond Yields Hit Record Low



Deep negative real returns on bonds tend to boost the attractiveness of other assets.

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CryptoCurrency News: The Tether Put: Crypto Equivalent of Credit Default Swap?



Cryptocurrency market makers say they're fielding inquiries about how to bet on a falling price for the dollar-pegged stablecoin USDT.

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CryptoCurrency News: Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K



The strong bounce in bitcoin over the weekend occurred as shorts covered positions.

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CryptoCurrency News: Tether’s Collapse Would Be Chaotic, Not Cataclysmic



Possible criminal charges against Tether executives will put even more pressure on a product that the market is already cooling on.

via CoinDesk

CryptoCurrency News: Bitcoin Climbs Past $40K for First Time Since Mid-June



Market analysts say Monday's price gains accelerated amid a short squeeze.

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CryptoCurrency News: Bitcoin Spike Fueled by Short Squeeze as Market Shrugs Off Tether News



According to one analyst, some $1 billion in trading positions were liquidated as prices surged.

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CryptoCurrency News: USDT Maintains Dollar Peg as Traders Shrug Off DOJ Tether Probe Report



Unlike past scares, Monday’s report of a Department of Justice investigation hasn’t shaken traders’ faith in the stablecoin.

via CoinDesk

Friday, July 2, 2021

CryptoCurrency News: State of Crypto: Inside the NRCC’s Plan to Accept Crypto Donations



The NRCC will soon accept crypto donations because Republican donors requested the payment method, the campaign committee's chair said.

via CoinDesk

Monday, June 14, 2021

CryptoCurrency News: 6 Insurers Initiate New Cryptocurrency Investment Positions: Report



Insurance firms have increased their interest in crypto investments in recent months.

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CryptoCurrency News: DeFi Projects Continue Flocking to Layer 2 Solution Polygon



Polygon’s cheaper transaction costs and faster block time have driven increased adoption by a number of major projects.

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CryptoCurrency News: Human Protocol Expands hCaptcha Tool, Launches Wallet to Make AI Smarter



“Proof-of-HUMANity” could also thwart front-running DeFi bots.

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CryptoCurrency News: Market Wrap: Bitcoin Sustains ‘Musk Jump’ as Crypto Sentiment Improves



Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

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CryptoCurrency News: Bitcoin and Ether Price Indicators Support Near-Term ‘Relief Rally’



Bitcoin's weekly stochastic oscillator has turned up from oversold or below -20 levels, a positive sign for the cryptocurrency.

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CryptoCurrency News: Bitcoin Fund Outflows Slow but Investors Start Exiting Ether Funds



The amount of money leaving was significantly less than the previous, record week of $141 million.

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CryptoCurrency News: Goldman Sachs Plans to Offer Ether Options: Report



In March, the investment bank relaunched its cryptocurrency trading desk after a three-year hiatus.

via CoinDesk

CryptoCurrency News: China’s Xiong’an New Area Begins Using Digital Yuan for Salary Payments



The country is testing the currency in different pilots.

via CoinDesk

CryptoCurrency News: Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears



Positive news from El Salvador couldn't completely overcome negative news out of China.

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CryptoCurrency News: Next-Gen Game Developer Mythical Raises $75M for Playable NFTs



The funding round will offer external game developers a way to bring NFTs into their fictional worlds.

via CoinDesk

CryptoCurrency News: DAOs, DeFi and Dollars: the Bold New World of Decentralized Entities



In this week’s episode, we explore how developers and investors are working through the complex process of bridging the human and legal needs of the outside world with these complex, decentralized systems run by blockchains, automated smart contracts, “multisig” tokenized collateral agreements.

via CoinDesk

CryptoCurrency News: Stake Technologies Raises $10M Ahead of Polkadot and Kusama Auctions



With auctions to win a place building on the Polkadot blockchain ecosystem beginning soon, projects are coming out with strategies to secure one of the coveted slots.

via CoinDesk

CryptoCurrency News: Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips



Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.

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CryptoCurrency News: Gold Tokens Take Off as Inflation Accelerates, Bitcoin Retreats



The market cap of gold-backed tokens has surged 30-fold since the start of 2020, according to one research firm.

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CryptoCurrency News: A Big Carbon Footprint Compared to What?



When blockchain systems reduce human involvement in transactions, the carbon benefits can be substantial, says our columnist.

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CryptoCurrency News: Arrington Capital Launches $100M Algorand Ecosystem Fund



The TechCrunch founder’s second crypto fund will bet on Algorand projects and coins. But don’t think the firm is abandoning XRP.

via CoinDesk

CryptoCurrency News: Hut 8 Mining’s Shares to Be Listed on Nasdaq



Hut 8 will also retain its listing on the Toronto Stock Exchange.

via CoinDesk

CryptoCurrency News: Ethereum Wallet MEW Enables Eth 2.0 Staking Through Your Phone



MEW is one of several crypto wallet services actively helping onboard new users to the Ethereum blockchain, which has now amassed a market capitalization of over $272 billion. Kosala Hemachandra, the co-founder and CEO of My Ether Wallet (MEW), talks about MEW’s two-step solution to staking on Ethereum 2.0.

via CoinDesk

CryptoCurrency News: Dapper Labs Unveils Flow-Native Stablecoin, FUSD, With Other ERC-20-Like Tokens to Follow



The maker of NBA Top Shot is deploying new tools for developers to launch tokens on the Flow blockchain.

via CoinDesk

CryptoCurrency News: Bitcoin Peeps Above $38K on Basel News



The top cryptocurrency hit a high of $38,461 during the European hours, extending Wednesday's double-digit rally.

via CoinDesk

Friday, February 19, 2021

CryptoCurrency News: Bitcoin Brokerage River Financial Raises $17M: SEC Filings



River Financial's equity sale comes as the high-end brokerage embarks on a major hiring push.

via CoinDesk

CryptoCurrency News: Bitcoin Is Now a Trillion-Dollar Asset: Where Do We Go From Here?



The milestone isn’t just psychological, and potentially opens entire new groups of investors who couldn’t participate previously.

via CoinDesk

CryptoCurrency News: Money Reimagined: Tucker Carlson Is Right About Financial Privacy



Say what you will about the Fox News host, but he deserves credit for highlighting Bank of America’s transaction snooping, writes Marc Hochstein.

via CoinDesk

CryptoCurrency News: The Business of Art and How NFTs Will Change It, With Nanne Dekking



With big brands like Christie’s auction house and the National Basketball Association getting involved and some tokens already selling for six-figure sums, the question isn't if NFTs will force a very old industry to adopt some very new practices, it's when.

via CoinDesk

CryptoCurrency News: Why Everyone Wants an Invite to Clubhouse Crypto



The 11-month old audio app is the latest vector for crypto adoption – memes and all. Here's why everyone wants in.

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CryptoCurrency News: Bitcoin Is Worth $1T and OKCoin Delists BCH and BSV



Bitcoin, now worth more than most U.S. corporations, first reached "dollar parity" 10 years ago.

via CoinDesk

CryptoCurrency News: Austrian Regulator Reports Rise in Crypto Fraud



The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products.

via CoinDesk

CryptoCurrency News: Bitcoin’s Price Surge Accelerates After Passing Milestone of $1T Market Value



The price could go higher, unless traders start taking profits.

via CoinDesk

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