The first woman to gain more than a million YouTube subscribers is now going all-in on bitcoin to promote financial freedom to her loyal fanbase. “I kind of view bitcoin as similar to YouTube, which…
Bill Gates Neutral on Bitcoin but Says Cryptocurrency…
Microsoft founder Bill Gates is no longer a bitcoin bear. He has now taken a neutral stance on bitcoin as an investment. However, as an innovation, he says that cryptocurrency is one that the world…
First Mover: Bullish ($1 Million) Bitcoin Forecast as…
Editor’s Note: Happy Chinese Lunar New Year! First Mover will not publish on Monday, February 15, which is Presidents’ Day in the U.S. Cryptocurrency markets will be open, as they always are. Price Point Bitcoin…
First Mover: A Bullish ($1 Million) Bitcoin Forecast…
Editor’s Note: Happy Chinese Lunar New Year! First Mover will not publish on Monday, February 15, which is Presidents’ Day in the U.S. Cryptocurrency markets will be open, as they always are. Price Point Bitcoin…
Oldest US Bank BNY Mellon Sets Up Crypto…
The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its…
$41 Trillion Global Custodian BNY Mellon Announces Bitcoin…
Today, global banking and custodian heavyweight BNY Mellon announced that it is entering the Bitcoin arena with the creation of a “Digital Assets Unit.” The New York-based bank is a custodian of more than $41…
First Mover: As Wall Street Fixates on Inflation…
Price Point Bitcoin (BTC) was lower, after an intraday price spike on Tuesday took the largest cryptocurrency to a new all-time high of $48,226.25, based CoinDesk 20 data. $50K in sight: “Bitcoin needs a…
Banking on the Stablecoin: A Brilliant Fintech Future
There is no recent fintech concept that has taken root in the banking community quite like the stablecoin. Of all the technical innovations brought forth by the invention of Bitcoin, this has succeeded in capturing…
Bitcoin subreddit hits 2M subscribers following GameStop controversy
One of the most well-known online Bitcoin communities passed two million subscribers in a surge of activity on Friday, purportedly due to the media attention over the r/Wallstreetbets subreddit. According to the Metrics For Reddit…
DOGE Soars 250%: Barred from GameStop, Reddit Investors…
CoinMarketCap, a cryptocurrency market data resource owned by Binance, appears to be trolling Wall Street. After a series of bizarre events in the traditional financial world this week involving Reddit, GameStop, and the international stock…
Crypto Long & Short: No, Bitcoin Was Not…
Maybe it’s just that winter is dragging on, but I find myself getting increasingly irritated with mainstream reports about Bitcoin that say it was a result of the financial crisis. It wasn’t, and that matters.…
Money Reimagined: Letter to President Biden
Welcome to this week’s Money Reimagined, coming to you two days into a new U.S. presidency. Already, with various executive orders and a host of cabinet and agency nominee names emerging, President Joe Biden has…
Bitcoin meets Biden: 5 things to watch for…
Bitcoin (BTC) is back in familiar territory as the week begins after a weekend spent ranging in its new, albeit large, trading corridor above $30,000. With the United States presidential inauguration just days away, Cointelegraph…
First Mover: It Might Be Getting ‘Silly’ as…
Bitcoin’s momentum showed few signs of slowing on Friday, as prices pushed to a new all-time high after blowing through $40,000 for the first time. In traditional markets, Asian and European shares rose and U.S. stock futures pointed to…
Bitcoin Hits $38,000 as Democratic Win Boosts Stimulus…
Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on the potential for higher sovereign spending. The BTC/USD exchange rate established a new record high of $38,180,…
Retail investors are largely uninvolved as Bitcoin price…
There are many investors feeling validated in the cryptocurrency market now that Bitcoin’s price has established a new all-time high of $34,778. The last time Bitcoin (BTC) traded anywhere near this level was during the…
Did Bitcoin prove itself to be a reliable…
Without any doubt, the year 2020 was unlike any other year in the 21st century: The ongoing COVID-19 pandemic, global governments unstoppably printing money, “lockdowns” and “social distancing” becoming the new normal, protests against racial…
Bitcoin Tracks US Futures Into Positive Territory on…
Bitcoin flipped into positive territory ahead of the New York opening bell, tracking US stock futures’ gains as investors pinned hopes on Washington’s economic relief package. The benchmark cryptocurrency jumped 1.48 percent from its Asian…
Blockchain Bites: Bitcoin Whales Throwing Their Weight Around,…
There are more bitcoin “whales” than ever, and new data shows how they drive market movements. MassMutual is the latest legacy institution to buy into bitcoin. And the number of Ethereum developers is growing at…
Bitcoin’s Bull Case Intensifies as Investors Bet on…
Bitcoin’s long-term bullish outlook may have received further support from investors’ latest bet on the long-dated Treasury notes. The Wall Street Journal reported on Wednesday that investors believe that the Federal Reserve will start buying…
Bitcoin carnage, Eth2 milestone, Libra launch, PayPal blunder:…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a…
Researcher Publishes Never Before Seen Emails Between Satoshi…
Just recently three previously unpublished emails from Bitcoin’s inventor, Satoshi Nakamoto, have been made public. The emails reveal the correspondence between Satoshi and the early Bitcoin developer Hal Finney. The communications between Nakamoto and Finney…
Previously Unpublished Emails of Satoshi Nakamoto Present a…
Newly discovered emails between Satoshi Nakamoto, Bitcoin’s pseudonymous creator, and the late Hal Finney deepen the mystery around the cryptocurrency’s origins. The three emails come from Bitcoin’s earliest days, when its future was uncertain. They…
Latest Bitcoin Correction Does Little to Offset Bullish…
Bitcoin is showing signs of continuing its bullish momentum despite a recent sell-off that it experienced after soaring towards $18,500. The flagship cryptocurrency’s latest downside correction has met with an equal resistive buying sentiment near…
Money Reimagined: Crypto-Informed Ideas for the Future of…
The good news is America is not in the midst of a full-blown civil war – not yet, at least. But, however you feel about Joe Biden’s apparent victory in the most difficult presidential election…
Bitcoin Poised to Hit $15K Even amid Bearish…
Many Bitcoin analysts agreed that Bitcoin would stop rallying after its price hits $14,500. The cryptocurrency looked overbought on medium-term timeframes, a technical alert that typically amounts to a downside correction. But the bearish calls…
CEO of crypto derivatives exchange FTX donated $5M…
Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to vice president Joe Biden's presidential campaign. As The Wall Street Journal reported on Oct. 28, Biden’s presidential campaign received a total of…
Bitcoin Deviates Further Away from Dow, S&P 500…
Bitcoin has wholly sidelined its widely-covered correlation with the US stock market. On Thursday, the benchmark cryptocurrency sustained its weekly gains as its price surged by more than 1 percent. The move briefly pushed the…
Goldman Sachs to Settle Massive Corruption Case for…
Goldman Sachs has reportedly agreed to settle with the U.S. government over its role in a corrupt Malaysian government investment fund, which is one of the firm’s worst scandals since the financial crisis. In addition,…
Money Reimagined: How Ethereum 2.0’s ‘Lockup’ Will Drive…
The “Summer of DeFi” might be over, but a looming event will give DeFi engineers a great incentive to crank up their “lego” innovation model and build more decentralized finance products: the Ethereum 2.0 upgrade. (See…
First Mover: Stimulus Winning as Biden Surges in…
The outcome of next month’s U.S. presidential election may not matter much for bitcoin’s price: Economic stimulus in the trillions of dollars is likely no matter who wins, bolstering the largest cryptocurrency’s appeal as a hedge against inflation. …
Stimulus Drama, DOJ’s Crypto Guidelines, & More: A…
The week began in a rather chaotic place: last Friday, news that the founders of crypto derivatives exchange, BitMEX had been indicted was nearly eclipsed by news that United States President Donald Trump had been…
Bitcoin Turns Lower Ahead of Powell’s Economic Outlook;…
Bitcoin slipped into negative territory ahead of the Federal Reserve Chairman Jerome Powell’s scheduled speech about the US economy. The benchmark cryptocurrency waved between profits and losses, only to fall by 0.85 percent to $10,701…
Money Reimagined: Memes Mean Money
Before we get into this week’s column, an announcement, one I’m super excited about. Today, we’re simultaneously launching a new podcast under the same name as this newsletter: CoinDesk’s Money Reimagined. Like the newsletter, it’s…
WTF happened in 1971 (and why the f**k…
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…
Money Reimagined: Ending Money’s Distance Trap
For Australians of my generation, historian Geoffrey Blainey’s phrase the “tyranny of distance” was the defining descriptor of our place in the world, a place that seemed awfully far from everyone else. In September of…
Free Market Family: Goldbug Peter Schiff Asks the…
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…
Blockchain Bites: Bulls Reborn, Backrunning Bots, Bitmain Blowout
Ethereum Classic was hit again, Instagram is seeing a proliferation of crypto scams and shipments of Bitmain’s latest bitcoin mining machines have been delayed. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories…
First Mover: As Fed Nears Inflation Rubicon, Analysts…
The Federal Reserve appears ready to pursue yet another untested strategy that could ultimately boost inflation – and possibly prices for bitcoin. The Fed is “preparing to effectively abandon its strategy of pre-emptively lifting interest rates to…
Best Weekly Close Since $20K? 5 BTC Price…
Bitcoin (BTC) begins a new week at over $11,000 after a wild weekend saw the market crash $1,200 in minutes — will the chaos continue? Cointelegraph gives you five factors that could easily impact Bitcoin…
Money Reimagined: Let’s Be Privacy Scolds
Michael Casey is on vacation this week. The following essay was written by Marc Hochstein, CoinDesk’s Executive Editor. Once I pried into a stranger’s affairs for no good reason at all. This happened almost 20 years…
Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s…
The Securities and Exchange Commission appears to be interested in Binance’s eponymous blockchain, 132% of ether wallets are in profit and the Bank of Japan is getting serious about CBDC R&D. You’re reading Blockchain Bites, the…
Blockchain Bites: Bitcoin’s New ETP, Ethereum’s ‘Woodstock Moment’…
A crypto hedge fund is folding, Silvergate Bank’s bitcoin-collateralized loans surged this quarter and bitcoin futures markets record triple-digit growth. You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto…
Memories of London’s Devcon 1, Ethereum’s ‘Woodstock’ Moment
Ethereum’s Devcon 1, held in London in November 2015, was like Woodstock, except perhaps with less nudity. Bankers and Big 4 consultants disguised in hoodies shared space with dreadlocked Ethereum coders, sitting cross-legged in the…
First Mover: Crypto’s $35T Moment Could Come From…
The stock market isn’t usually considered an ally of cryptocurrencies, but with the big U.S. exchange Coinbase now rumored to be considering a share listing, some digital-asset industry insiders say a move toward more public ownership could accelerate…
Negative Media Coverages Wake Bitcoin as Price Falls…
Bitcoin plunged towards $9,000 during the Thursday trading session as a flurry of negative media coverages engulfed the cryptocurrency market. The plunge followed two weeks of flat price action that kept Bitcoin restricted inside the…
Crypto Long & Short: What Trends in Volatility…
By this stage, pretty much everyone knows that bitcoin’s volatility is well above that of equity markets. This is still true, even after the ructions of March. What is less well-known is that the balance…
Money Reimagined: Crypto’s Diversity Problem
A few years ago, when MIT Media Lab researcher Joy Buolamwini was leading an interactive digital art project, she found the facial recognition technology it employed was far better at recognizing her lighter-skinned MIT colleagues. …
‘Snake Oil and Overpriced Junk’: Why Blockchain Doesn’t…
Coronavirus is ravaging the globe, canceling presidential primaries in the U.S. and calling into question the wisdom of having lawmakers, many of them elderly, sitting close together as votes are held in Congress. Lawmakers, especially…
Blockchain Bites: JPMorgan on Bitcoin, South Korea on…
Top Shelf View From the BanksIn an investor note, JPMorgan Chase & Co. analysts noted bitcoin’s success in outperforming traditional assets in March on a volatility-adjusted basis, and also found liquidity on major bitcoin exchanges was…
U.S. Stocks Dull Bitcoin Appeal on Optimistic Jobs…
Spot bitcoin fell was down 1.32 percent at $9,659 per token ahead of the New York opening bell Friday. Bitcoin futures slid 1.82 percent to $9,715. The move downhill appeared as the U.S. futures headed…
The Decentralized Web Has Plans, if Not Solutions,…
Last week President Donald Trump accused Twitter of stifling his speech after it accused him of spreading misinformation. In an escalating series of actions, Twitter took the unprecedented step of fact-checking the U.S. President and…
The Decentralized Web Has Plans, if Not Solutions,…
Last week President Donald Trump accused Twitter of stifling his speech after it accused him of spreading misinformation. In an escalating series of actions, Twitter took the unprecedented step of fact-checking the U.S. President and…
First Mover: Bitcoin’s 2020 Rally Sends Message to…
Bitcoin's rally last week as the Standard & Poor's 500 Index of U.S. stocks floundered served to underscore just how different the conversations are right now in digital asset markets and traditional finance. As high-profile investors including Stanley Druckenmiller…
First Mover: Bitcoin Rally Sends Message to Capitalists…
Bitcoin's rally last week, as the Standard & Poor's 500 Index of U.S. stocks floundered, served to underscore just how different the conversations are right now in digital-asset markets and traditional finance. As high-profile investors including Stanley Druckenmiller and…
Bitcoin Falls After Hitting $9.9K as Fed Hype…
A three-day rally that took the bitcoin price near $10,000 Thursday took a U-turn on profit-taking sentiment. The cryptocurrency fell to as low as $9,226 on Friday on US crypto exchange Coinbase, albeit sharply recovering…
Is Now the Time for a Digital USD?…
The international conversation around the formation of central bank digital currencies (CBDCs) has steadily grown louder and more prevalent over the last few years. Starting with the advent of Bitcoin, the possible need for central…
JPMorgan Chase Starts Accepting Bitcoin Businesses for Banking…
JPMorgan Chase has reportedly started providing banking services to bitcoin businesses, with the first two clients being Coinbase and Gemini exchanges. JPMorgan also recently recommended having cryptocurrency in investment portfolios as its CEO, Jamie Dimon,…
First Mover: Amid Economic Meltdown, Bitcoin Is Winning…
Billionaire investor Warren Buffett says he's having a hard time finding attractive investments as the coronavirus ravages the global economy. Maybe he should take advice from professional crypto investors like Pantera Capital's Dan Morehead –…
Welcome to Bitcoin 2020!
Update: Following the rapid escalation of COVID-19 in California and worldwide, Bitcoin 2020 has been postponed to Q3 of 2020. Read our official update for more information. Bitcoin Magazine is the proud host of the…