Tag Archives: crypto

State of Blockchains: Community Perspectives

State of Blockchains: Community Perspectives

Every quarter, CoinDesk Research surfaces the key data, trends, and events with its State of Blockchains reports. As our research efforts evolve and expand, we hope to provide amplification to perspectives within the crypto community. We reached out to analysts, builders, and lawyers to understand the industry from their unique vantage point. Let’s dive in: […]

Wyoming Passes Bill to Recognize Cryptocurrencies as Money

Wyoming Passes Bill to Recognize Cryptocurrencies as Money

In the United States, the state of Wyoming passed a bill that will allow for cryptocurrencies to be recognized as money on Jan. 31, according to the state legislature website. On Jan. 18, Wyoming legislation presented the bill, which would help to clarify the classification of cryptocurrency. As reported by Cointelegraph earlier this month, the bill will place crypto assets into three categories: digital consumer assets, […]

Donald Trump Might Pick This Bitcoin Optimist to Lead the World Bank

Donald Trump Might Pick This Bitcoin Optimist to Lead the World Bank

When Satoshi Nakamoto created bitcoin, a message in the cryptocurrency’s Genesis block made clear that it was a direct response to banking industry mismanagement and the financial and political structures that continued to enable it. Just one decade later, US President Donald Trump might tap a cautious crypto optimist to lead the World Bank. TRUMP […]

Fidelity Is Said to Plan March Launch of Bitcoin Custody Service

Fidelity Is Said to Plan March Launch of Bitcoin Custody Service

Fidelity Investments is targeting a March launch date for its Bitcoin custody service, according to three people with knowledge of the matter, as the mutual-fund giant moves forward with a plan that could help ease fears of trading cryptocurrencies. In October, the Boston-based firm announced it would offer a range of crypto products designed for large investors […]

Bitcoin Skeptic, Ex-Starbucks CEO Howard Schultz Considers 2020 Presidential Run

Bitcoin Skeptic, Ex-Starbucks CEO Howard Schultz Considers 2020 Presidential Run

The former CEO and chairman of Starbucks, Howard Schultz, has announced he is considering an independent run in the forthcoming 2020 United States presidential elections, in a tweet posted on Jan. 27. “I love our country, and I am seriously considering running for president as a centrist independent,” he wrote — prompting a spate of critical responses, with most commentators arguing that an independent candidacy […]

Bitcoin (BTC) Could Be Gearing up For a Big Move as Sideways Trading Persists

Bitcoin (BTC) Could Be Gearing up For a Big Move as Sideways Trading Persists

Over the past several days Bitcoin (BTC) has seen an extended period of sideways trading within an extremely tight trading range between approximately $3,550 and $3,650. Although this lack of volatility may be welcomed by investors who are tired of the cryptocurrency’s frequent price movements, historically involatile price action leads to a massive price movement […]

Galaxy Digital Raising $250 Million to Offer Loans to Crypto Firms: Report

Galaxy Digital Raising $250 Million to Offer Loans to Crypto Firms: Report

Galaxy Digital, the crypto merchant bank launched by former hedge fund manager Michael Novogratz, is reportedly raising $250 million to build a credit fund. A Business Insider report on Thursday citing “people familiar with the matter” said that the fund would offer loans in U.S. dollars to struggling crypto firms because the demand for credit is on […]

Bitcoin & Cryptos will see a Sharp Breakout in Coming Years, Goldman Sachs-backed Circle’s CEO

Bitcoin & Cryptos will see a Sharp Breakout in Coming Years, Goldman Sachs-backed Circle’s CEO

While some are calling out for Bitcoin to tank, others like Goldman Sachs-powered Circle are seeing a bright future for Bitcoin and crypto. Crypto is Fundamental to the Future Currently, the crypto space is going through a prolonged bear market after touching the peak in December 2017. The market has seen several attempts by bulls to […]

Ecosystem Expands As More Partners Join Ripple

Ecosystem Expands As More Partners Join Ripple

The Swiss crypto wallet company, Tangem introduced physical ways to spend and trade cryptocurrency.“Smart bank notes” and “smart cards” are physical representations of cryptocurrency which could be carried and spent by consumers. The idea is that with a physical representation of cryptocurrency, people can simply hand the note over and make simple no-fee transactions. If you keep the […]

London Stock Exchange’s Trading Tech to Power New Crypto Exchange

London Stock Exchange’s Trading Tech to Power New Crypto Exchange

The London Stock Exchange (LSE) is providing the trade-matching technology for an upcoming cryptocurrency exchange in Hong Kong. The LSE Group announced Tuesday that its Millennium Exchange matching engine has been chosen to power AAX, a new exchange platform being launched by Hong Kong-based fintech firm ATOM Group. AAX is scheduled to be launched in the first […]