News

China

Digital Yuan Used in China’s Domestic Futures Market for First Time: Report

The interbank payment using the e-CNY afforded a zero cost, efficient and convenient payment option in real time, according to the report.

News  ·  24 August 2021
Visa

CryptoPunk NFTs Break Sales Record as Visa Sparks Buying Frenzy

Monday set a new single-day sales record for CryptoPunks, and August sales have already set a monthly record, with prices for the NFTs averaging nearly $200,000.

Markets  ·  23 August 2021
Bitcoin Mining

Riot Blockchain Reports Record Q2 Results

The bitcoin mining company reported revenue and sales results that beat analyst estimates for the second quarter.

Business  ·  23 August 2021
Bitcoin

Market Wrap: Bitcoin Stalls Near $50K Ahead of Options Expiration Date

Bitcoin slipped below $50K and will likely consolidate this week, analysts say.

Markets  ·  23 August 2021
Bitcoin

Cuando China habló, bitcoin reaccionó. ¿Cuando lo hizo Estados Unidos? No tanto

Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.

News  ·  23 August 2021
Opinion

Why Did Visa Buy a $150K NFT? Why Does Anyone?

There are some very good reasons, it turns out, rooted in our deep, totally irrational animal brains.

Opinion  ·  23 August 2021
Bitcoin

Substack Rolls Out Bitcoin Payments via OpenNode and Lightning Network

OpenNode and Substack will allow some crypto-focused subscribers to pay with both on-chain and Lightning bitcoin transactions.

Tech  ·  23 August 2021
FTX

FTX Signs $17.5M Deal to Sponsor UC-Berkeley Athletic Department

Sam Bankman-Fried's crypto exchange has signed its first college sports sponsorship deal, with the payment in this case to be made in crypto.

Business  ·  23 August 2021
Newsletters

Introducing Crypto for Advisors, a Newsletter for Financial Planners

A new CoinDesk newsletter defining crypto, digital assets and the future of finance.

News  ·  23 August 2021
Stablecoins

USDC to Be Backed 100% by Cash, US Treasurys

The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."

News  ·  23 August 2021
Bitcoin

Bitcoin on Longest Weekly Winning Run in 9 Months Ahead of Jackson Hole Symposium

The dollar may depreciate after Friday's event, triggering renewed inflows into bitcoin and equities.

Markets  ·  23 August 2021
Bitcoin

Bitcoin Approaches Resistance Near $50K-$55K

Upside momentum is strengthening on daily and weekly charts, which suggests buyers are in control.

Markets  ·  23 August 2021
Visa

Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K

Visa bought CryptoPunk 7610, one of 3,840 "female" punks.

News  ·  23 August 2021
Cardano

Cardano Alonzo Hard Fork: What You Need to Know

Cardano prepares to enter the decentralized application space as smart contract functionality arrives.

Markets  ·  23 August 2021
China

Crypto Trading Isn’t Protected by Law, Shandong Province High Court Says

The ruling contradicts that of a court in Shanghai last week.

News  ·  23 August 2021