●Bitcoin (BTC): $18,843 −4.6% ●Ether (ETH): $1,576 −0.7% ●S&P 500 daily close: 3,906.28 −0.5% ●Gold: $1,712 per troy ounce +NaN% ●Ten-year Treasury yield daily close: 3.34% +0.1 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether...
The U.S. central bank has two mandates: price stability and maximum employment. Right now, prices aren’t stable, with inflation running well above the Fed’s 2% goal. Meanwhile, the unemployment rate is still low and employers are adding over 300,000 jobs per month. That’s great news for job seekers...
Cryptocurrency mining pool Poolin has announced it will halt Bitcoin (BTC) and Ether (ETH) withdrawals from its wallet service. In the announcement, Poolin said: “We are here to let you know the withdrawal options of Pool Account and Poolin Wallet are deactivated while setting payout wallet addresses. That is,...
As Bellatrix Activated, Ethereum protocol developer Preston Van Loon joined CoinDesk TV’s “First Mover,” to discuss the Merge and what it could mean for users and developers. Team Valhalla
The Ethereum Bellatrix upgrade, which kicks off the final countdown for the much-anticipated Merge upgrade, is now live. ETH prices shot above $1,678 minutes after the Bellatrix upgrade was activated. At press time, ETH price had, however, dropped to $1,598.80 almost eroding the gains made after the Bellatrix...
However, in a report from June 2021, Kwarteng’s department identified blockchain systems as one of the “seven technology families that will transform our economy in the future.” In July, his previous department announced a 53 million-British-pound ($61.3 million) fund for supporting technological innovation, including the use of blockchain...
Founded in 2003 by Tiger Management alum Dan Morehead, Pantera started as a global hedge fund before making the switch to digital assets about a decade later around the time bitcoin (BTC) was first gaining traction among conventional investors and financial firms. Pantera counts Coinbase (COIN) and FTX,...
Drawn to Voyager one year earlier by the perception of a stable, well-regarded crypto lender, exchange and yield farm, Baba had invested in crypto worth $32,000 at its height through the company’s app. Most of those assets have deprecated severely in the interim, and all of them are...
Gaevoy’s, and perhaps Binance’s, argument is that this cuts out steps for USDC users who want to trade on Binance. People can still issue USDC as before, deposit it on Binance, do what they want to do and withdraw in USDC. Notably, exchange FTX has had automatic conversion...
“Despite the crypto space collapsing significantly since mid-way through Q1 22 due to the unexpected Russia-Ukraine conflict, rising inflation, and the challenges experienced by the Terra crypto ecosystem, investment at mid-year remained well above all years prior to 2021,” noted KPMG in the “Pulse of Fintech H1 ‘22”report....