Many holders of cryptocurrencies suffered heavy losses in the recent market crash. However, history has shown that periods of market volatility are always followed by a bull run. To ensure the safety of their crypto assets, investors can choose an exchange with a robust security track record. The prices of many popular tokens took a beating in the market last week. Bitcoin, for instance, fell below US$18,000 – down more than 70% compared with its US$69,000 peak last November. This has exacerb...

Many holders of cryptocurrencies suffered heavy losses in the recent market crash. However, history has shown that periods of market volatility are always followed by a bull run. To ensure the safety of their crypto assets, investors can choose an exchange with a robust security track record. The prices of many popular tokens took a beating in the market last week. Bitcoin, for instance, fell below US$18,000 – down more than 70% compared with its US$69,000 peak last November. This has exacerb...

The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates. As the headwinds impacting global financial markets beat down all traces of bullish sentiment, many crypto investors are predicting that Bitcoin (BTC) price could drop to as low as $10,000 before a market bottom is found. BTC/USDT 1-day chart. Source: TradingView While many traders scoffed at the idea of BTC fal...

The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates. As the headwinds impacting global financial markets beat down all traces of bullish sentiment, many crypto investors are predicting that Bitcoin (BTC) price could drop to as low as $10,000 before a market bottom is found. BTC/USDT 1-day chart. Source: TradingView While many traders scoffed at the idea of BTC fal...

SDX Web3 Services – the new service portfolio from SIX Digital Exchange (SDX) – is a range of offerings specifically conceived for institutional clients. SDX Web3 Services will support the safe and secure adoption by financial institutions of the next iteration of the World Wide Web, one that is based on blockchain technology and decentralized applications. Initially, SDX Web3 Services will include cornerstone products for digital assets including custody and non-custodial staking. SDX Web3 S...

SDX Web3 Services – the new service portfolio from SIX Digital Exchange (SDX) – is a range of offerings specifically conceived for institutional clients. SDX Web3 Services will support the safe and secure adoption by financial institutions of the next iteration of the World Wide Web, one that is based on blockchain technology and decentralized applications. Initially, SDX Web3 Services will include cornerstone products for digital assets including custody and non-custodial staking. SDX Web3 S...

Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards to its recent ruling on a car sale in May 2019 made using digital currency. At the time, the buyer, identified only as Mr. Huang, signed a sales contract to purchase a 2019 Audi AL6 for CNY 409,800 ($59.477) in exchange for the consideration of 1,281 Unihash (UNIH) tokens with an undisclosed car dealership in Shanghai. Per the original contract, the seller was to deliver the car ...

Last week, a WeChat post published by the Shanghai Fengxian Court began circulating in crypto circles with regards to its recent ruling on a car sale in May 2019 made using digital currency. At the time, the buyer, identified only as Mr. Huang, signed a sales contract to purchase a 2019 Audi AL6 for CNY 409,800 ($59.477) in exchange for the consideration of 1,281 Unihash (UNIH) tokens with an undisclosed car dealership in Shanghai. Per the original contract, the seller was to deliver the car ...

Venture capitalist Tim Draper thinks cryptocurrency is going to go up more than 10-fold by the end of 2023. He isn’t the only crypto mogul whistling in the dark.During an interview with Forbes in January this year, the venture capitalist Tim Draper offered an ambitious prediction: Bitcoin would hit a whopping $250,000 within a year. At the time, Bitcoin was worth about $41,000. “This is the year it's gonna happen,” insisted Draper, who paid $18.7 million at a U.S. Marshals Service auctio...

Venture capitalist Tim Draper thinks cryptocurrency is going to go up more than 10-fold by the end of 2023. He isn’t the only crypto mogul whistling in the dark.During an interview with Forbes in January this year, the venture capitalist Tim Draper offered an ambitious prediction: Bitcoin would hit a whopping $250,000 within a year. At the time, Bitcoin was worth about $41,000. “This is the year it's gonna happen,” insisted Draper, who paid $18.7 million at a U.S. Marshals Service auctio...

Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows. The rally comes just one day after bitcoin (BTC), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin. Bitcoin’s price surge reflects traders’ renewed appetite for risk, even as the market continues to digest the fallout surrounding crypto lending giant Celsius and crypto inv...

Bitcoin surged past $20,000 Sunday afternoon to $20,580 a coin, a 16.9% gain off its Saturday lows. The rally comes just one day after bitcoin (BTC), the largest cryptocurrency by market capitalization, fell below $20,000, its lowest price since November 2020. As of press time, bitcoin was trading at about $20,383 a coin. Bitcoin’s price surge reflects traders’ renewed appetite for risk, even as the market continues to digest the fallout surrounding crypto lending giant Celsius and crypto inv...

Pablo Picasso once said that “in art there is room for all possibilities.” That same spirit of creativity and exploration can be seen in the way the digital and artistic worlds are coming together. More recently, Ellen Sheidlin noted how blockchain and Web 3 is making art more global and less exclusive. “NFTs are the future, a way for artists to gain global exposure without massive budgets, prominent patrons or exhibition experience,” she said. Art has always had a role in pushing the frontie...

Pablo Picasso once said that “in art there is room for all possibilities.” That same spirit of creativity and exploration can be seen in the way the digital and artistic worlds are coming together. More recently, Ellen Sheidlin noted how blockchain and Web 3 is making art more global and less exclusive. “NFTs are the future, a way for artists to gain global exposure without massive budgets, prominent patrons or exhibition experience,” she said. Art has always had a role in pushing the frontie...

I don't usually make short-term prognostications about asset prices. But occasionally financial markets lob a fat pitch. Well-followed traders of digital assets, such as Arthur Hayes, Mark Cuban and Travis Kling, have made very public statements (e.g., here, here and here) about how bullish the upcoming Ethereum Merge will be for the price of ETH. I think the opposite is more likely.The most anticipated event in digital assets … everIf you're reading this article, you've probab...

I don't usually make short-term prognostications about asset prices. But occasionally financial markets lob a fat pitch. Well-followed traders of digital assets, such as Arthur Hayes, Mark Cuban and Travis Kling, have made very public statements (e.g., here, here and here) about how bullish the upcoming Ethereum Merge will be for the price of ETH. I think the opposite is more likely.The most anticipated event in digital assets … everIf you're reading this article, you've probab...

With heightened political attention on digitizing the dollar, one member of Congress has laid out his vision. On June 22, Rep. Jim Himes (D-CT) released a white paper called "Winning the Future of Money: A Proposal for a US Central Bank Digital Currency." It includes a general summation of CBDC adoption globally, as well as the traditional appraisal of pros and cons of a CBDC. However, the white paper is clearly supportive on Congress' move to authorize the Federal Reserve to issue a CBD...

With heightened political attention on digitizing the dollar, one member of Congress has laid out his vision. On June 22, Rep. Jim Himes (D-CT) released a white paper called "Winning the Future of Money: A Proposal for a US Central Bank Digital Currency." It includes a general summation of CBDC adoption globally, as well as the traditional appraisal of pros and cons of a CBDC. However, the white paper is clearly supportive on Congress' move to authorize the Federal Reserve to issue a CBD...

Bitcoin (BTC) fell below the $18,500 price level for the first time Saturday, failing to rebound back to the $20,000 to $23,000 range it had been steadily trading at last week. As of press time, bitcoin was trading at about $18,319 a coin, a 10.8% decline over the past 24 hours. Bitcoin’s market capitalization slumped to about $350 billion, a 73% decline from its November all-time high, according to CoinGecko. The price drop of bitcoin also marks the breach of a significant price level – name...

Bitcoin (BTC) fell below the $18,500 price level for the first time Saturday, failing to rebound back to the $20,000 to $23,000 range it had been steadily trading at last week. As of press time, bitcoin was trading at about $18,319 a coin, a 10.8% decline over the past 24 hours. Bitcoin’s market capitalization slumped to about $350 billion, a 73% decline from its November all-time high, according to CoinGecko. The price drop of bitcoin also marks the breach of a significant price level – name...

It has been a week of whiplash for us here at CoinDesk. On the one hand, we just scored an immense triumph as an organization with Consensus 2022, which wrapped up on Sunday. The conference was a sprawling, frenetic four days that proved how intense and broad the interest in crypto is. It also, if I can pat my fellow CoinDeskers on the back, proved once and for all that we are the media organization at the center of it all. This article is excerpted from The Node, CoinDesk's daily roundu...

It has been a week of whiplash for us here at CoinDesk. On the one hand, we just scored an immense triumph as an organization with Consensus 2022, which wrapped up on Sunday. The conference was a sprawling, frenetic four days that proved how intense and broad the interest in crypto is. It also, if I can pat my fellow CoinDeskers on the back, proved once and for all that we are the media organization at the center of it all. This article is excerpted from The Node, CoinDesk's daily roundu...

The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%. Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally. Bitcoin (BTC) has seen a modest recovery but some altcoins have risen sharply in the past week. This suggests that investors are taking advantage of the sharp fa...

The United States equities markets witnessed a sharp comeback last week, led by the Nasdaq Composite which gained 7.5%. The S&P was up about 6.5% for the week while the Dow Jones Industrial Average managed a gain of 5.4%. Continuing its tight correlation with the equities market, the crypto markets are also attempting a relief rally. Bitcoin (BTC) has seen a modest recovery but some altcoins have risen sharply in the past week. This suggests that investors are taking advantage of the sharp fa...