Measured in Big Macs, Bitcoin’s (BTC) purchasing power is approaching its highest level since the 2017 bull market, offering yet another indicator of the digital currency’s rapid appreciation. The global Bitcoin purchasing power index, or…

As Bitcoin (BTC) blasted through the $14,000 level its market capitalization surpassed the monetary base of the Russian ruble. This measure includes both physical currency and bank reserves, both of which are usually held by…

Bitcoin is currently caught in an intense updraft that has allowed its price to gain some serious momentum throughout the past couple of weeks. This ongoing rally first began when news broke regarding Square purchasing…

Less than two weeks ago, the International Monetary Fund (IMF) managing director called for a “new Bretton Woods moment.” Meanwhile, the IMF is not the only entity pushing for a “great reset,” as the World…

Crypto market sentiment appears to be improving across the board and the global push to mainstream central bank digital currencies is also making headway.  In China’s Shenzhen province about 2 million people had applied for…

If you’ve ventured on to Crypto Twitter this year, you may have seen a tweet from the meme account WTF Happened in 1971? Created in March, the account posts numerous times a week to its…

After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k. And indeed, things are looking upward: a week ago, the price of Bitcoin sat around…

After dipping dangerously close to levels below $9,900 last week, Bitcoin appears to have regained a solid standing above $10k. And indeed, things are looking upward: a week ago, the price of Bitcoin sat around…

In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly…

Bitcoin prices tumbled 6.2% Thursday, falling below $11,000 for the first time in a month. The price drop trimmed the largest cryptocurrency’s 2020 rally to 50% and sent digital-asset market traders and analysts scrambling to…

Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates…

The American libertarian, economist and financial commentator Peter Schiff has been criticizing bitcoin for years, as he believes “bitcoin has no real value.” However, on Thursday Schiff asked the crypto community to give some bitcoin…

The average daily transfer value for Tether has surpassed that of Bitcoin and PayPal according to recent research. A report by CoinMetrics has revealed that Tether’s 7-day average adjusted transfer value reached over $3.55 billion…

The dollar has been on a steady decline since the pandemic first struck. Weakness in the global reserve currency has allowed gold, Bitcoin, and other assets to shine. However, either a major rebound is beginning,…

Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10.5k level has proven difficult to break, having been rejected there on several previous occasions. But yesterday’s…

No, blockchain does not fix this.  By “this” I don’t mean centrally controlled databases that are vulnerable to attack, the problem highlighted by this week’s massive Twitter hack.  I mean the meta problem of yet…

Bitcoin’s consolidation phase is showing few signs of letting up anytime soon. The benchmark crypto is still trading within the lower-$9,000 region, and the support just below its current price level appears to be significant.…

As Federal Reserve Chair Jerome Powell steers U.S. monetary policymakers away from negative interest rates, he risks becoming increasingly isolated among the world’s top central bankers.  Officials in the U.K., Europe and New Zealand are reportedly considering…

President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error.” Officials say the numbers are artificially low, and…

Chase Bank has settled a class action lawsuit brought by defendants who claim the J.P. Morgan subsidiary overcharged credit card fees for crypto purchases. Meanwhile, a new report shows that a million “timelocked” bitcoin transactions…

Crypto fund manager Grayscale Investments is accumulating Bitcoin at a rate equivalent to 150% of the new coins created by miners since the May 11 block reward halving.  According to data published by independent crypto…

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 Fintech Blueprint newsletter. The hard thing about abundance is making a choice. We live…

Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will…