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Guggenheim CIO Says Bitcoin May Have Topped Out for Now

Omkar GodboleJan 21, 2021

Guggenheim Partners CIO says bitcoin could retrace all the way back to $20,000.

Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K

Omkar GodboleJan 21, 2021

Options traders look to be preparing for further falls in bitcoin's price in the short term, according to put-call skew data.

Bitcoin

Bitcoin Slumps to $31K on Sell-Off in US and Europe

Muyao ShenJan 21, 2021

Uncertainty is leading many to take short-term profit, according to the "Coinbase Premium" indicator.

Bitcoin Markets

Increased Mainstream Adoption of Bitcoin Cuts Diversification Benefit, JPMorgan Says

Zack VoellJan 21, 2021

Bitcoin's correlation with traditional markets could "erode" its "diversification value over time."

Bitcoin White Paper

Why Everyone From Square to Facebook Is Now Hosting the Bitcoin White Paper

Zack SewardJan 21, 2021

The uploads come in response to legal threats by Craig Wright.

Bitcoin

Bitcoin Worries ‘Fading’ as Crypto Goes Mainstream, S&P Says

Bradley KeounJan 21, 2021

S&P joins a growing list of Wall Street firms to weigh in on bitcoin after prices for the cryptocurrency quadrupled in 2020.

Satoshi Nakamoto

What Is the Bitcoin White Paper?

Ollie LeechJan 21, 2021

A technical manifesto, the Bitcoin white paper was released in 2008 under an MIT public license for all to learn from, share and enjoy.

Kraken

Kraken Adds 26 Crypto Trading Pairs to Capture Growing UK, Australia Markets

Sebastian SinclairJan 21, 2021

Kraken's biggest-ever expansion of trading pairs is aimed at growing its presence in the two promising markets.

Podcasts

Is Janet Yellen Bitcoin’s Biggest Enemy or Greatest Asset? Yes

Nathaniel WhittemoreJan 20, 2021

As a new administration is sworn in, how will one if its most important officials – nominated Treasury Secretary Janet Yellen – impact the digital assets space?

Bitcoin in Africa

Trading Bitcoin in Africa Is a Way for Some to Escape Poverty

Alyssa HertigJan 21, 2021

Learning to trade bitcoin has become a valuable skill set for Africans looking to boost their income.

Opinion

How Cultural Differences Drive User Adoption in DeFi

Mable JiangJan 21, 2021

Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal.

Podcasts

Bitcoin News Roundup for Jan. 21, 2021

Jan 21, 2021

With bitcoin dropping as traders turn bearish, CoinDesk’s Market’s Daily is back with the latest news roundup.

Banking

Analysts Question Silvergate Execs on Whether Crypto Deposit Growth Will Continue

Nathan DiCamilloJan 21, 2021

The majority of the new deposits came from cryptocurrency exchange clients.

Institutional Investors

eToro Survey Finds Pensions and Endowments Are Finally Waking Up to Crypto

Ian AllisonJan 21, 2021

The exchange quizzed 25 institutional players about crypto investing, including a couple of pension funds.

Ripple

Former Ripple Board Member Tapped to Lead Biden’s OCC: WSJ

Nikhilesh DeJan 21, 2021

Former Treasury official Michael Barr is reportedly among several people being considered to replace Brian Brooks.

Recent

Retail Investors

Blockchain Bites: Crypto in the Red, BlackRock Green Lights Bitcoin Futures

Daniel Kuhn1 hour ago

The world's largest asset manager will allow two of its funds to get into bitcoin futures, as Guggenheim speculates a market pullback in the near term.

Digital Yuan

Chinese City Plans Third Digital Yuan Pilot, Giving Away $3M in Prize Draw

Tanzeel Akhtar4 hours ago

Lottery entrants can apply to win 200 digital yuan each.

Blockchain Technology

Microsoft, India’s Tanla Launch Encrypted Messaging Infrastructure Built With Blockchain

Tanzeel Akhtar4 hours ago

The edge-to-edge encrypted platform is built on Microsoft Azure and accessible by clients via an API.

Banking

Signature Bank Adds $2.5B in Non-Interest Bearing Deposits in Q4

Nathan DiCamillo5 hours ago

These deposits are seen as a proxy for growth among crypto-industry clients.

Binance

Russian Court Takes Crypto Exchange Binance off Website Blacklist

Anna Baydakova5 hours ago

A court in the Arkhangelsk region ruled last summer Binance should be blocked, but the exchange wasn't notified until months later.

Bitcoin

First Mover: As Bitcoin Flips Bearish, Neither Biden Nor BlackRock Brightens Mood

Bradley KeounOmkar GodboleSebastian Sinclair5 hours ago

There are many long-term bulls in the bitcoin market. But in the short term?

Legislation

Nebraska Lawmaker Introduces Bills That Would Permit Banks to Custody Crypto

Tanzeel AkhtarToday at 12:15 p.m. UTC

Sen. Mike Flood wants to make Nebraska a financial technology hub and create jobs.

Bitcoin.org Rebuts Craig Wright’s ‘Meritless’ Copyright Claim on Bitcoin White Paper

Daniel PalmerToday at 10:01 a.m. UTC

The open-source project said it would not comply with Wright's demand to take down its copy of the iconic founding document.

Wallet

Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review

Kevin ReynoldsToday at 12:49 a.m. UTC

Crypto advocates hailed the new administration for putting the controversial proposed rule on ice.

Recent

DeFi

‘Let’s Not Be Bitcoin’: Yearn Finance Considers Minting $200M in New YFI Tokens

Brady DaleYesterday at 11:15 p.m. UTC

Turns out the "no inflation" meme may not be here to stay.

Ether Options

Market Wrap: Bitcoin Drops Briefly Below $33.5K While Ether Calls Dominate Options

Daniel CawreyYesterday at 9:38 p.m. UTC

Bitcoin fell by over $3,300 while options traders see ether going higher.

Tether

Tether Use on Tron Passes Ethereum as Low Fees Attract Small Transactions

Zack VoellYesterday at 9:36 p.m. UTC

Tron USDT volume eclipses Ethereum for the third consecutive week.

Pornhub

Pornhub Now Accepts Cryptocurrencies XRP, DOGE, BNB and USDC

Danny NelsonYesterday at 9:09 p.m. UTC

The adult entertainment website now accepts payment in 16 cryptocurrencies.

Bitcoin

Bitcoin Sells Off on Bearish Sentiment, Yellen Worries

Muyao ShenJan 20, 2021

The sell-off also led to major corrections for other cryptocurrencies including ether, stellar, xrp and chainlink.

Inflation

The Relationship Between US Government Debt and Bitcoin, Explained

Nathan DiCamilloJan 20, 2021

Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.