Tag Archives: blockchain

Crypto Long & Short: Coinbase Going Public Isn’t Selling Out – It’s the Start of a Long Game

Crypto Long & Short: Coinbase Going Public Isn’t Selling Out – It’s the Start of a Long Game

With its Nasdaq listing, the exchange will provide on-ramps for many investors. But it’s also changing the system from within. After a dramatic week in which the crypto industry’s eyes were on Coinbase’s Nasdaq debut, it’s time to step back and reflect. Plenty of pixels and airtime have already been beamed. Plenty of analysis has been […]

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

Bitcoin Transfer Worth $806M Might Reveal Big Institutional Purchase

“My speculative guess is that institutions are buying bitcoin’s price dip,” one analyst said. Digital-asset traders and analysts were scrambling Tuesday to assess a fresh data point extracted from the Bitcoin blockchain: Some $806 million worth of the cryptocurrency apparently transferred earlier in the day off of the Coinbase exchange’s institution-focused unit, Coinbase Pro. The […]

Lindsay Lohan Partners With Justin Sun to Release NFTs on Tron

Lindsay Lohan Partners With Justin Sun to Release NFTs on Tron

The auction comes during the technology’s seemingly overnight transformation into a fascination of the investing world. Whether or not the non-fungible token (NFT) bubble – as newly-minted millionaire and digital artist Beeple calls it – will imminently pop is a question for ongoing debate. But one thing is clear: Lindsay Lohan issuing her own NFTs […]

Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern

Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern

Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern. Bitcoin is nursing losses ahead of a crucial Federal Reserve policy meeting that could reveal the U.S. central bank’s plans in the wake of rising inflation expectations. The top cryptocurrency, which is seen by many investors as a hedge against rising prices, […]

Goldman Crypto Chief Flags Institutional Demand Driving Boom

Goldman Crypto Chief Flags Institutional Demand Driving Boom

Goldman Sachs Group Inc. is seeing substantial demand for digital assets from institutions as it works to restart its cryptocurrency trading desk. In a survey of nearly 300 clients by the firm, 40% currently have exposure to crypto, according to Matt McDermott, global head of digital assets for Goldman Sachs Global Markets Division, speaking on […]

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

Mark Cuban on Bitcoin, NFTs and What Comes Next: ‘The Upside Is Truly Unlimited’

“You can sell anything digital using NFT,” says the Dallas Mavericks owner. “Virtual Mavs gear, sneakers, art, pictures, videos, experiences, anything our imagination can come up with.” Mark Cuban is best known as the billionaire owner of the Dallas Mavericks, a staple on Shark Tank, and – in some circles – an occasional commentator on […]

Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources

Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year: Sources

Some of the largest university endowment funds in the U.S. have been quietly buying cryptocurrency for the past year or so through accounts held at Coinbase and other exchanges, CoinDesk has learned. According to two sources familiar with the situation, Harvard, Yale, Brown and the University of Michigan as well as several other colleges have […]

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains. Bitcoin (BTC), the largest cryptocurrency, was down for a second straight day, pushing toward the lower end of the range between $34,000 and $40,000 where prices have traded for the past couple weeks. Ether (ETH), the second-biggest […]

Ukraine Government Picks Stellar Development Foundation to Help Build National Digital Currency

Ukraine Government Picks Stellar Development Foundation to Help Build National Digital Currency

Ukraine’s government has chosen the Stellar blockchain network as a platform to build a central bank digital currency (CBDC). Announced Monday, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding to build out a “virtual assets ecosystem and national digital currency of Ukraine.” The National Bank […]