Update (12:12 UTC): Bitcoin fell by nearly $500 to $11,546 in the 10 minutes to 10:30 UTC, after failing to absorb selling pressure above the $12,000 mark during the…
Tag: after
Bitcoin Mining Difficulty Sets New Record High 2 Months After Halving
Two months after the network’s halving event, it’s harder than ever to mine bitcoin. Bitcoin mining difficulty, a measure of how hard it is to compete for block rewards…
Inside the Craze for Filecoin Crypto Mining in China – CoinDesk
As Filecoin inches closer to a blockchain mainnet launch – after several delays since its $200 million raise in 2017 – investors in China are again speculating heavily on…
Ethereum is Showing Early Signs of Macro Weakness; What to Watch For
Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs…
Canada’s Central Bank Is Serious About Designing a CBDC, Job Posting Reveals – CoinDesk
After years of research, the Bank of Canada is preparing to design its own central bank digital currency (CDBC). Revealing its plans in a June 11 job posting, the…
Crypto Altcoins May Tumble as BTC Dominance Looks to Break Key Resistance
After days of stagnation, the crypto market finally broke higher on Wednesday. In the past 24 hours, Bitcoin has gained 4%. Most altcoins have registered similar gains over that…
First Mover: As Fed Swats Down Negative Rates, Bitcoiners Wonder, ‘What If’ – CoinDesk
After bitcoin’s much-hyped halving failed to generate a price rally, crypto traders have been turning to a new bullish investment thesis: the possibility the Federal Reserve might cut its…
Binance Quashes Upbit Hackers’ Attempt to Launder Stolen Funds – CoinDesk
Binance has frozen funds linked to the $49 million breach of the Upbit crypto exchange after hackers tried to liquidate some of their ill-gotten gains. Most of the action…
This Unstable Moment Is a Chance for Crypto to Go Mainstream – CoinDesk
Mark Blackman consults on emerging technologies after a career at Qualcomm. James Cooper, a CoinDesk columnist, is a professor of law at California Western School of Law in San…
Bitcoin, Gold Spike as Fed Unveils Unlimited Coronavirus Stimulus Package – CoinDesk
Bitcoin’s (BTC) price shot up along with gold and stock futures after the U.S. Federal Reserve announced a quantitative easing package with no upper limit to support the economy…