With bitcoin hovering just above $10,000 and a tokenized form of Ethereum transaction fees in the crosshairs, CoinDesk’s Markets Daily is back for your latest crypto news roundup! Bitcoin is now more closely tied to safe haven gold than ever.…
Category: Bitcoin
Bitcoin
First Mover: Buying Bitcoin’s Dip, Betting Against Tether and Weighing the Jobs Report
You’re reading First Mover, CoinDesk’s daily markets newsletter. Assembled by the CoinDesk Markets Team and edited by Bradley Keoun, First Mover starts your day with the most up-to-date sentiment around crypto markets, which of course never close, putting in context every…
The Case for $500,000 Bitcoin
The Winklevoss brothers make an argument that, in the long run, bitcoin is the only good safe haven. The essay looks systematically at the problems of the slate of current store-of-value assets, including the U.S. dollar, oil and gold. The…
First Mover: Collapsing Bitcoin Futures Premium Offers Glimpse of New Digital Money Market
Price Point Bitcoin traded slightly higher early Thursday at $11,772 after falling for two straight days. The largest cryptocurrency by market capitalization has declined 1.3% this week as the U.S. dollar strengthened in foreign exchange markets. The greenback gained support…
First Mover: As Wall Street Goes Topsy-Turvy, Crypto Traders Are Bullish as Ever
As the coronavirus takes its devastating toll on the U.S. economy, financial pros are increasingly confounded by the markets. The economy is in its worst shape since the early 20th century, and stocks are soaring. The U.S. government’s borrowing is expected to triple to a…
Bitcoin Recovers from $11.3K Despite Losses in European Stocks
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies…
Bitcoin’s Stolen Revolution
Evan Shapiro is CEO and co-founder of O(1) Labs, the team behind Coda Protocol, a lightweight chain that affords all participants fully P2P, permissionless access from any device. Who controls Bitcoin? A hint: It’s not you. And it’s a far…
Bitcoin Entering ‘New Adoption Cycle,’ Messari Says
Bitcoin user adoption looks to be gathering pace as its price rises amid a coronavirus-induced rush for assets with safe-haven appeal. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and…
Dark-Web Vendor and Pharmacist Charged With Trafficking Drugs Worth $270M in Bitcoin
A dark-web vendor and his supplier, who allegedly used the murky recesses of the internet to sell drugs and launder money, have been formally charged in the U.S. Disclosure The leader in blockchain news, CoinDesk is a media outlet that…
Bitcoin Ends July at Highest Monthly Close Since 2017 Peak
Bitcoin closed the month of July at $11,351, its highest monthly close since the bellwether cryptocurrency’s all-time high nearly two-and-a-half years ago. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards…
