Coinbase

Crypto Long & Short: How Coinbase Going Public Is Reshaping Trust in Markets

Noelle AchesonFeb 28, 2021

The data divulged in Coinbase’s long-awaited S-1 filing is eye-opening. But it’s what the document means for the crypto markets of today and the capital markets of tomorrow that is more meaningful.

MicroStrategy

MicroStrategy Keeps Stacking Sats With Additional $15M Bitcoin Buy

Zack VoellMar 1, 2021

MicroStrategy has bought another 328 bitcoin, bringing its total to 90,859 BTC.

Citi

Citi: Bitcoin at ‘Tipping Point’ as Institutions Come on Board

Jamie CrawleyMar 1, 2021

Looking forward, a Citi report suggests bitcoin could "become the currency of choice for international trade."

Matter Labs

USV Leads Round in Matter Labs as Ethereum Scaling Wars Intensify

William FoxleyMar 1, 2021

The round was joined by a host of cryptocurrency projects that are considering adding zkSync, including Coinbase, Aave and Curve Finance.

Opinion

Why $1 Million Bitcoin Is Coming

Nik BhatiaMar 1, 2021

If purchases by MicroStrategy and Tesla can send bitcoin rocketing, what happens when bigger players start entering the market?

Funding Rounds

Canada’s CoinSmart Crypto Exchange Raises $3.5M for European Expansion

Tanzeel AkhtarMar 1, 2021

The exchange's owner is also planning a reverse takeover with the aim of listing on TSX Ventures.

Markets

Bitcoin Bounces Back Above $47K Despite Bearish Chart Pattern

Sebastian Sinclair Omkar GodboleMar 1, 2021

A bearish engulfing candle is just one signal among many market indicators and some analysts say the bull market is intact.

Markets

Bitcoin Risks ‘Spiraling Price’ on Environment, Regulatory Concerns: BCA Research

Omkar GodboleMar 1, 2021

ESG funds will seek to avoid bitcoin investment, the research firm noted.

Newsletters

CoinDesk Newsletters Get an Upgrade

Pete PachalFeb 28, 2021

From the latest crypto market movements to thought-provoking commentary, CoinDesk’s Newsletters bring the future of money to your inbox.

Opinion

Why Money Scarcity Means Someone Goes Hungry

Frances CoppolaMar 1, 2021

We don’t want to create so much money that it becomes worthless. But it is better to risk inflation than to deny people the means to live.

Dogecoin
Dogecoin

A Better Breed of DOGE? Developers Release New Core With Faster Synch Speed

Kevin ReynoldsFeb 28, 2021

Developers are trying to teach an old DOGE some new tricks.

Podcasts
Podcasts

Governments Couldn’t Ban Bitcoin Even if They Wanted

Nathaniel WhittemoreFeb 28, 2021

A reading of Human Rights Foundation CSO Alex Gladstein’s latest essay.

Data Breaches
Data Breaches

Gab, Refuge for the Deplatformed, Hacked for ‘Pretty Much Everything’ Including Trump Data

Jamie CrawleyMar 1, 2021

The data, provided to a whistle-blower site, is not being made public over privacy concerns.

Payments
Payments

E-Commerce Giant Rakuten Now Lets Users Shop With Cryptocurrency

Tanzeel AkhtarMar 1, 2021

The move opens up crypto payments at thousands of merchants across Japan that accept Rakuten Pay and Rakuten Point Card.

Tether
Tether

Tether Allegedly Received Ransom Note Demanding 500 BTC

Daniel KuhnFeb 28, 2021

“While we believe this is a pretty sad attempt at a shakedown, we take it seriously," the company tweeted.

Recent

Mining

Inner Mongolia to Shut Down Crypto Mining Industry: Report

Tanzeel Akhtar

The autonomous region has been under pressure to curb its energy consumption.

CBDCs

India’s Central Bank Sees Pros and Cons With National Digital Currency

Omkar Godbole

A CBDC could promote financial inclusion but also poses a risk of harming the banking system, the RBI said in a report.

Luxury cars

Supercar Maker Mazzanti Cruises Into Crypto With Bitcoin Payments, Token Sale

Sebastian Sinclair

Mazzanti's security tokens will provide a 50% revenue share in the sale of a special edition "hypercar," but so far interest has been limited.

Bots

Bots Encouraged Buying of GameStop, Dogecoin in Meme Trading Craze: Report

Sebastian Sinclair

Posts hyping the craze on social media revealed patterns of keywords and were timed at regular intervals, cybersecurity firm PiiQ Media said.

Cryptocurrencies

Google Finance Adds Crypto Data Tab

Daniel Kuhn

The tool provides real-time and historical data for bitcoin, ether, litecoin and bitcoin cash.

INX

Crypto Exchange INX to Raise C$25M, List on TSVX for ‘Added Credibility’

Daniel Kuhn

The exchange made history last year by conducting an initial public offering (IPO) on the Ethereum blockchain.

Bitcoin Price

Bitcoin Tumbles to $43K, Lowest in Three Weeks

Bradley Keoun

Some analysts worry that rising bond yields might prompt the Federal Reserve to tighten historically loose monetary policy, prompting a correction in assets perceived as risky.

MIT Media Lab

MIT’s Digital Currency Initiative Raises $4M for Effort to ‘Harden’ Bitcoin

Daniel Kuhn

Prominent backers include CoinShares’ Meltem Demirors, Twitter’s Jack Dorsey and MicroStrategy’s Michael Saylor.

Podcasts

The Heretic’s Guide to Bitcoin Debating, Feat. Brett Scott

Ben Schiller

The author and activist on how Bitcoin arguments go bad (and how they can be better).

Learn

Recent

Grayscale

Grayscale’s Ethereum Trust Premium Follows Bitcoin Sibling Into Flipping Negative

Nathan DiCamillo

GBTC’s premium flipped negative one day earlier.

DeFi

DeFi Transaction Batching Tool Exploited for $14M

Nathan DiCamillo

The exploiter used a fake contract to trick the dapp into thinking it was an Aave v2 update.

Opinion

Where Value Is Going in Blockchain Networks

Amos Meiri

Will wealth flow to layer 1 or layer 2? It depends on the use case, says a long-time observer and investor.

Brian Armstrong

Coinbase CEO Armstrong’s Net Worth Is Between $7B and $15B: Report

Nathan DiCamillo

The Coinbase CEO is among the world’s 500 richest people, according to Bloomberg.

Podcasts

Are Beeple’s $6.6M Sale and Christie’s Auction a Turning Point for NFTs?

NFTs had a major week, with Christie’s Auctioning off its first-ever digital art exclusive and a different NFT selling for $6.6M.

Regulation

3 US Regulators Probing Robinhood’s Actions Amid GameStop Trading Craze

Daniel Palmer

FINRA, the SEC and the New York Attorney General’s Office are all making enquiries with the trading app provider.

Learn

Coinbase Is Going Public: Everything You Need to Know

Ollie Leech

Coinbase has decided to go for the faster direct listing approach as opposed to an IPO.

Market Wrap

Market Wrap: Bitcoin Heads for Worst Week Since March as Prices Hold Around $46.5K

Muyao Shen

“Cash is king in times of distress, not bitcoin,” said one market watcher.

Grayscale Bitcoin Trust

Grayscale Bitcoin Premium Flips Negative as BTC Stays Below $50,000

Zack Voell

The gap between the GBTC share price and the implied price of the underlying bitcoin has collapsed to a 4% discount from a 35% premium late last year.