Despite Tuesday’s sudden price decline, miner flows suggest the bitcoin market remains strong. The biggest cryptocurrency by market value fell 8% from $10,137 to $9,298 in less than 5 minutes during Tuesday’s U.S. trading hours, dashing hopes for a continued…
Data BreachCoincheck has fallen victim to a data breach after attackers accessed one of its domain name accounts and used it to impersonate the cryptocurrency exchange. The Japanese firm said Tuesday that an unknown third party gained access to an account it…
Bitcoin News Roundup for June 2, 2020 Not so good news for fans of $10K BTC. It’s CoinDesk’s Markets Daily Podcast. Bitcoin’s price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the…
More blockchain companies set up shop in Hong Kong in 2019 than firms from any other fintech sub-sector, according to a report from the region’s Financial Services and the Treasury Bureau. Representing 39% of the 57 fintechs that InvestHK, the…
With the price of bitcoin briefly breaking above $10,000, CoinDesk’s Markets Daily is back! A big short squeeze has taken bitcoin passed a major psychological hurdle – some think its the start of a breakout. Bitcoin has risen above $10,000…
Bitcoin’s price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red. The sell-off began at 14:45 UTC (10:45 a.m. ET) when the cryptocurrency was trading at highs above $10,137 and by…
Private Swiss bank Maerki Baumann’s new crypto trading service shows there’s a growing market for providing premium execution for an institutional or wealthy clientele. The entity promised its new crypto trading and custody service would provide clients with the best…
With bitcoin and ether both headed up, CoinDesk’s Markets Daily is back with your bitcoin news roundup. Bitcoin has put in a positive June performance in six out of the last eight years. But Ethereum is drawing new investors with…
Chase Bank has settled a class action lawsuit brought by defendants who claim the J.P. Morgan subsidiary overcharged credit card fees for crypto purchases. Meanwhile, a new report shows that a million “timelocked” bitcoin transactions are open to a hypothetical…
Alexander Lipton is the CTO of Sila, a visiting professor and Dean’s Fellow at the Jerusalem Business School of the Hebrew University of Jerusalem, and a Connection Science Fellow at the Massachusetts Institute of Technology. As many still wait to…