Helping you make wiser investment decisions

Blockchain

4 Reasons Central Banks Should Launch Retail Digital Currencies

Ajit Tripathi, a CoinDesk columnist, is an entrepreneur and crypto co-host at the Breaking Banks Europe Podcast. Previously, he served as a Fintech Partner at ConsenSys and a co-founder of PwC’s UK Blockchain Practice.  Before coronavirus hit the west in late February, the world’s attention was focused on billionaires saving the world in Davos. This […]

The Puell Multiple Is Turning Bullish on Bitcoin

Bitcoin’s (BTC) recent sell-off has pushed prices on the top cryptocurrency by market capitalization into a historically attractive zone, according to one indicator.  Prices fell from $10,200 in mid-February to 12-month lows below $4,000 last week, dashing many hopes for a strong rally ahead of the May 2020 mining reward halving.  However, with the price […]

Thousands of These Computers Were Mining Cryptocurrency. Now They’re Working on Coronavirus Research

CoreWeave, the largest U.S. miner on the Ethereum blockchain, is redirecting the processing power of 6,000 specialized computer chips toward research to find a therapy for the coronavirus. These graphics processing units (GPUs) will be pointed toward Stanford University’s Folding@home, a long-standing research effort that unveiled a project on February 27 specifically to boost coronavirus […]

PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert

Payment giant PayPal is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes. According to a job opening posted late last month, the firm wants to hire a director of AML and blockchain strategy. The new staffer at PayPal’s New York City office would be responsible […]

Record Bitcoin Price Volatility Fails to Unnerve HODLers

Bitcoin’s (BTC) price volatility has surged to record highs but the long-term investors popularly known as “HODLers” don’t seem to be deterred.  The cryptocurrency’s three-month implied volatility rose to a lifetime high of 6.8 percent on a daily basis (equal to 130 percent annualized) on March 13, according to crypto derivatives research firm Skew. BTC/USD […]

Why Bitcoin’s Safe-Haven Narrative Has Flown Out the Window

Noelle Acheson is a veteran of company analysis and CoinDesk’s director of research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. Listen. That whooshing sound you hear is not just […]

‘Anything That Can Be Decentralized Will Be Decentralized’ 6 Years Later

The best Sundays are for long reads and deep conversations. Last week the Let’s Talk Bitcoin! Show gathered to discuss a new consensus-driven approach to DeFi oracles and to revisit Johnston’s Law (anything that can be decentralized will be decentralized) with the man who coined the phrase so many years ago. On today’s podcast we’re joined by […]

Cyperpunk Myths and Bitcoin in Real Life with Udi Wetheimer

CoinDesk reporter Leigh Cuen is joined by VR meetup organizer Udi Wertheimer to talk about how bitcoin (BTC) fits into the broader cypherpunk movement. The cypherpunk movement has expanded far beyond the 2,000 people who subscribed to mailing lists in the 1990s. In 2018, Entrepreneur reported there are more than 8,000 posts on Bitcointalk every […]

Whale Watching: Exchange Data Contained Early Warning of Thursday’s Bitcoin Dump

The big drop in bitcoin’s (BTC) price Thursday was in the making since March 8, data on the flow of funds into exchanges indicates. The biggest cryptocurrency by market value collapsed from $7,900 to a 10-month low of $4,700 on Thursday and extended the decline to 12-month lows below $3,900 early Friday.  Data provided by […]

In Defense of Blockchain Voting

Gregory Magarshak is founder and CEO of Intercoin. Since 2011 he has built a decentralized social networking platform that has reached 7 million users to date, and is working on tools to help bring power back into the hands of people and local communities. For every technology we use today, there was a time it […]

Bitcoin News Roundup for March 11, 2020

Bitcoin falls while the Escobar Fold 2 confuses the heck out of us. It’s CoinDesk’s Markets Daily Podcast. Source link

Lex Sokolin: We Don’t Need Libra, We Need A New System

Lex Sokolin, a CoinDesk columnist, is Global Fintech co-head at ConsenSys, a Brooklyn, N.Y.-based blockchain software company. The following is adapted from his Future of Finance newsletter. As I write this, Facebook is worth about $500 billion in market capitalization. The other members of the Libra Association (and the 1,500 other organizations interested in connecting […]