Bitcoin Brokerage River Financial Raises $17M: SEC Filings
River Financial's equity sale comes as the high-end brokerage embarks on a major hiring push.
Category Archives: coindesk
Bitcoin Is Now a Trillion-Dollar Asset: Where Do We Go From Here?
The milestone isn’t just psychological, and potentially opens entire new groups of investors who couldn’t participate previously.
Money Reimagined: Tucker Carlson Is Right About Financial Privacy
Say what you will about the Fox News host, but he deserves credit for highlighting Bank of America’s transaction snooping, writes Marc Hochstein.
The Business of Art and How NFTs Will Change It, With Nanne Dekking
With big brands like Christie’s auction house and the National Basketball Association getting involved and some tokens already selling for six-figure sums, the question isn't if NFTs will force a very old industry to adopt some very new practices, it's when.
Why Everyone Wants an Invite to Clubhouse Crypto
The 11-month old audio app is the latest vector for crypto adoption – memes and all. Here's why everyone wants in.
Bitcoin Is Worth $1T and OKCoin Delists BCH and BSV
Bitcoin, now worth more than most U.S. corporations, first reached "dollar parity" 10 years ago.
Austrian Regulator Reports Rise in Crypto Fraud
The FMA reports two-thirds of the investment fraud reports filed in 2020 were related to cryptocurrency and digital currency trading products, according to a report.
Bitcoin’s Price Surge Accelerates After Passing Milestone of $1T Market Value
The price could go higher, unless traders start taking profits.
Bitcoin News Roundup for Feb. 19, 2021
With the market cap of bitcoin breaking above $1T for the first time plus a look at the emerging asset class known as NFTs, CoinDesk’s Market Daily is back with the latest news roundup.
Ethereum Core Developers Eye Mid-April for ‘Berlin’ Hard Fork
The hard fork will facilitate live swapping Ethereum from a proof-of-work to a proof-of-stake blockchain.
MicroStrategy Raises $1.05B in Latest Debt-for-Bitcoin Offering
MicroStrategy's new business strategy is to buy as much bitcoin as it possibly can.
Bitcoin Market Value Tops $1T as Price Passes $53,697
A year ago, bitcoin's market value was $178 billion.
First Mover: Bitcoin Meets ‘Torrent’ as Lowly Binance Coin Gets $40B Valuation
Cryptocurrency exchange Binance's in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum's ether.
OKCoin Delists Bitcoin Cash, Bitcoin SV to Avoid ‘Misleading’ New Bitcoin Clients
It became a choice between protecting Bitcoin’s open-source ethos or championing free-market fundamentals. In the end, community won out.
Even Skeptics May Need to Consider Crypto Exposure: WSJ’s Heard on the Street
Cryptocurrency's viability as an investment may not be in its value as an asset but in the way the financial world is evolving because of it.
A Sudden Loss of Faith in Tether Would Pose Risk to Bitcoin, JPMorgan Says
"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.
Second Canadian Bitcoin ETF Begins Trading on TSX Today
This is the second bitcoin ETF approved to trade in Canada.
Kiss’ Gene Simmons Buys $300,000 Worth of Cardano
The Kiss bassist and frontman says he believes in Cardano because of its affordability compared with other cryptocurrencies.
Volvo Owner Geely and Concordium in JV to Offer Blockchain Services, Apps in China
Geely will own 80% of the venture while Concordium will own the rest.
New Jersey Crime Watchdog Says Crypto ATMs Need More Regulation
State regulation of crypto ATMs is poor and federal laws aren't much better, the commission said in a report.
North America’s First Bitcoin ETF Hits $165M Trade Volume in First Day: Report
The Canadian fund has experienced a flurry of demand but in the U.S. a bitcoin ETF is an unrealized desire.
Bill Gates Says He’s ‘Neutral’ on Bitcoin
Gates has previously criticized cryptocurrencies and said he'd short bitcoin "if there was an easy way to do it."
Libra Co-Creator’s VC Firm Co-Leads $12M Round in ‘Decentralized GitHub’
“Web 3 developers should be building on open protocols,” NFX General Partner Morgan Beller said of Radicle, a platform for crypto-native code collaboration.
First Mover: Who ISN’T Dabbling as Bitcoin Passes $52K, Ether Tops $1,900
The $8.7 trillion-asset BlackRock is "dabbling" in cryptocurrencies – becoming the norm as bitcoin and ether rally to all-time high prices.
Bitcoin May Be a Better Investment Than Gold, Says DoubleLine CEO Jeffrey Gundlach
Gundlach has previously said, "I don't believe in bitcoin."
‘Evil VASP’ Simulation Preps Crypto Exchanges for FATF Travel Rule
Backed by CipherTrace, TRISA looks to get virtual asset service providers (VASPs) ready for new anti-money laundering rules.
Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
Banks had feared being drained of liquidity under the original concept for the digital currency.
No, Bitcoin Is Nothing Like the South Sea Bubble
Those who compare Bitcoin to the great bubbles of the past need to check the historical books. This moment is very different.
Safello Partnership Enables Direct Crypto Purchases From Users’ Bank Accounts
A new tie-up with payments firm Klarna brings the exchange access to more than 5,000 banks across Europe.
How Crypto Transforms Prediction Markets
Betting can be used to predict the future. That's the crazy idea behind prediction markets. Here's how they work and where cryptocurrency fits into the picture.