Bitcoin blew past $12,000 to its highest price in two months, bringing into view the prospect of a fresh 2020 high.The largest cryptocurrency was changing hands Wednesday around $12,200, within striking distance of the year’s high around $12,500. And that was even before the news emerged that electronic...
A New York law firm is trying to test blockchain projects’ decentralization claims against their perhaps not-quite-so-distributed realities.Called the “Ketsal Open Standards” rubric, the toolkit, developed by the Ketsal law firm and revealed exclusively to CoinDesk, proposes using hard, measurable data points to either bolster or burst a...
Bitcoin's price clocked two-month highs above $12,370 on Wednesday. The options market expects a continued rally.
Canonical crypto regulator, the New York State Department of Financial Services (DFS) has granted the first “conditional BitLicense” to PayPal for a partnership with Paxos Trust Company enabling customers to buy and sell cryptocurrencies.DFS said Wednesday it was making good on a promise last year from Superintendent of...
We all know it’s illegal to kidnap someone and ask for a ransom payment. But should it also be illegal for the victim to pay the ransom?Earlier this month the U.S. Treasury Department did just that. It notified the world that certain ransom payments are illegal, specifically those...
Mode said it's the first U.K. listed firm to invest in bitcoin as part of its treasury management strategy.
Futures funding stayed flat or turned negative despite bitcoin's rally to $12,000.
Bitcoin’s price passed $12,000 for the first time since September as Ethereum fees dipped.Bitcoin (BTC) trading around $11,910 as of 20:00 UTC (4 p.m. ET). Gaining 1.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,673-$12,058BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin...
It’s fair to say that 2020 has not been a good year by most metrics. A pandemic raged worldwide, the global economy tanked and social divisions grew wider. There is no way to avoid this in a year-end retrospective.Every year, CoinDesk recognizes the “Most Influential” people working to...
Why this matters to the crypto world: 1. Because the price of bitcoin and equities have been strongly correlated in recent months, as the stimulus package would be a boost for stock markets, it should also be good for the price of cryptocurrencies. 2. Crypto investors have been...