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…
Category: Bitcoin
Bitcoin
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…
First Mover: The Dollar Drop May Have Helped Push Bitcoin Past $11K
As the U.S. dollar’s value slides, prices are suddenly rising for just about everything priced in dollars. That includes bitcoin, which shot up some 13% on Monday for its biggest gain in almost three months. Prices soared past levels reached in…
Bitcoin Has American Mindshare but Few Users
J.P. Koning, a CoinDesk columnist, worked as an equity researcher at a Canadian brokerage firm and is a financial writer at a large Canadian bank. He runs the popular Moneyness blog. Bitcoin usage in the U.S: Everyone knows about it,…
The COVID-19 E-Commerce Boom Hasn’t Trickled Down to Bitcoin, Despite Advantages
Despite the COVID-19 e-commerce boom, bitcoin is hardly seeing more merchant usage as a transactional currency than it was five years ago. “We’ve been doing this for six years and it’s still very rough around the edges,” said Brian Hoffman,…
Asset Manager Wilshire Phoenix Files to Launch New Bitcoin Investment Trust
Wilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire…
Bitcoin Is a Way to Repair Economic Injustice: Author Isaiah Jackson
Last week, Minneapolis police officers killed a 46-year-old black man accused of buying cigarettes with a counterfeit $20 bill. Ongoing protests have erupted across the country, condemning police brutality and systemic racism. Part of this conversation – taking place on…
Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments
Bitcoin declined for the first time in three days as traders in digital-asset markets and more traditional stocks considered the implications of U.S. President Donald Trump’s latest broadsides against China on the coronavirus and Hong Kong. Bitcoin (BTC) was changing…
