Lesser-Known Bitcoin Indicator Signals Onset of Major Bull Run
You might not have heard of the reserve risk multiple, but right now, it's signaling a continued bitcoin price rally in months ahead.
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Coinbase Could Move Away From U.S. if No Regulatory Clarity: CEO Brian Armstrong
Armstrong said "anything is on the table" in terms of Coinbase's plans should greater regulatory clarity not emerge in the U.S.
Israel's Central Bank Outlines Scenarios for Issuing a Digital Shekel
The bank made it clear that no decision has yet been made on issuing a central bank digital currency.
The Biggest Crypto Bull Cycle Is Upon Us: Bernstein
Macro catalysts are lining up for bitcoin, Bernstein's latest report said.
Crypto Exchange Bybit Opens Global HQ in Dubai
Crypto exchange ByBit has opened its global headquarters in Dubai, nearly an year after it had revealed plans based on an in-principle approval to move its global headquarters to the city.
'Pepe the Frog' Memecoins Rocket as Crypto Twitter Moves Over Doge Obsession
Some early users have turned a few hundred dollars into six figures on the latest meme obsession.
Hong Kong's Central Bank Digital Currency Could be On Permissioned Blockchain: Source
At least one bank is leaning towards developing it on a permissioned blockchain.
First Mover Asia: Bitcoin Settles In Below $29.5K as Appeal of Riskier Assets Lessens
ALSO: CoinDesk's Consensus Magazine unveils its latest special project, spotlighting 19 blockchain, crypto and Web3 projects to watch in 2023; ether dips to $2,070.
Bitcoin Surge Parallels Price Movement in 2019: Analyst
Vetle Lunde, who last week predicted bitcoin would reach $45,000 in May, said that markets seem to have stabilized as “rotten fruits” have been washed out of the industry.
MicroStrategy’s Saylor Integrates Bitcoin Lightning Address Into Corporate Email
The Lightning Address protocol allows users to send bitcoin over the Lightning Network to a wallet identifier resembling a conventional email address.
Ryuk Ransomware Gang’s Crypto Broker Gets Light Sentence After a Guilty Plea
Denis Dubnikov, a founder of two OTC trading desks in Russia tied to ransomware attacks, was sentenced to no jail time and forfeiture of $2,000 last week after a guilty plea, court documents show.
Smurf Happens: Beloved Blue Characters Enter Web3
The small, blue beings that originated as a comic and became internationally known as cartoon and movie stars are entering the NFT arena from the Smurf Society.
Nike is Releasing Its First Digital Sneaker Collection on .Swoosh
The virtual sneaker, called Our Force 1, is a play on the brand's iconic Air Force 1 design.
Ethereum Shanghai Upgrade Leads to Huge Influx of ETH at Exchanges
Ethereum’s seamless implementation of withdrawals, also known as the Shanghai upgrade, on April 12 has led ETH’s price to rally above $2,100, the highest since May 2022.
Nervous About Crypto Taxes? Donate Your Profitable Holdings Instead
If you hold crypto that has appreciated in value for more than one year, you won't need to worry about paying capital gains taxes and you’ll reap the benefits of one of the most generous deductions in the tax code, Adam Nash writes.
Hannah Siegel-Gardner: What's Next for NFTs?
In a CoinDesk interview, Art Blocks’ Chief Marketing Officer Hannah Siegel-Gardner takes us behind-the-scenes at a leading startup in the emerging field of generative art.
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary…
Bitcoin Sinks Below $30K Amid Dollar Jump, Mixed Q1 Earnings
BTC dropped as low as $29,292 on Monday before slightly rebounding. The surge from $28,000 last week was “largely untested,” one analyst says.
Pantera Alum Joey Krug Joins Peter Thiel’s Founders Fund
Krug has moved from co-CIO at a crypto-focused fund to building a crypto strategy at a generalist venture capital giant.
NFT.NYC Was Calm, but Side Events Stirred Drama
While the annual conference saw fewer attendees in a chilly NFT winter, the real “magic” – and drama – of the Web3 gathering happened outside the main convention.
Who Really Benefits From CBDCs? It’s Not the Public
The only people benefitting from central bank digital currencies are lobbyists, tech companies and, yes, central banks, say the Cato Institute’s Nicholas Anthony and Norbert Michel.
Crypto Investments Report Positive Flows for Fourth Consecutive Week: CoinShares
Bitcoin-related products took the majority share, totalling $104 million of the $114 million inflow total.
BoE Considers Limits on Stablecoin Payments as Parliament Debates New Crypto Rules
The Bank of England plans on releasing a consultation proposal by the end of the year, Jon Cunliffe said at Innovate Finance’s annual global summit.
Sui Foundation Appoints Managing Director to Increase Awareness, Growth of the Blockchain
Greg Siourounis will lead efforts to promote Sui’s user base growth and development.
NY Financial Regulator Adopts Virtual Currency Assessment Rule
The New York Department of Financial Services (NYDFS) has adopted a new regulation for how crypto companies will be assessed for costs associated with their supervision.
Decentralization Is the Point, and We’re Not Talking Enough About Why
The internet has a habit of producing companies that dominate their industry because of network effects. The answer is the decentralization and openness that only blockchain technology affords, says EY’s Paul Brody.
Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global…
CME to Add Daily Expirations on Bitcoin and Ether Futures Options Contracts
Derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations soon to be available on bitcoin and either futures options contracts, the company said in a press release on Monday.