Month: July 2020

First Mover: EOS Has Still to Prove Itself After Spiraling Down This Past Year

EOS, a smart-contracts platform, has had its fair share of bother. 

Slipping Chinese Yuan May Boost Bitcoin Price, Past Data Suggests

Bitcoin traders should keep an eye on the ongoing slide in the yuan, analysts say.

https://www.shutterstock.com/image-photo/facade-on-federal-reserve-building-washington-1055599112

Stablecoins Are the Bridge From Central Banks to Consumer Payments

Alexander Lipton is the CTO of Sila, a visiting professor and Dean’s Fellow at the Jerusalem Business School of the Hebrew University of Jerusalem, and a Connection Science Fellow at the Massachusetts Institute of Technology.

Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments

Bitcoin declined for the first time in three days as traders in digital-asset markets and more traditional stocks considered the implications of U.S. President Donald Trump’s latest broadsides against China on the coronavirus and Hong Kong. 

Bitcoin News Roundup for May 29, 2020

With bitcoin and many traditional markets down on the day, CoinDesk’s Markets Daily is back!

First Mover: Bitcoin Rally Shows Traders Don’t Care That Goldman Hates Their Asset Class

Cryptocurrency traders don’t seem to care that Goldman Sachs is such a bitcoin hater. 

Bitcoin Rally Falters as Stocks Drop Ahead of Trump’s China Speech

Bitcoin’s bulls are taking a breather amid jitters in the traditional markets over rising tensions between the U.S. and China. 

GSX Group’s New Digital Securities Venue Tokenizes First Client Shares

The recently rebranded Global Stock Exchange Group’s digital securities platform has tokenized the shares of a client for the first time.

It’s Tough Getting Approved in Gibraltar, Says Green-Lighted Crypto Derivatives Exchange

Receiving regulator approval to operate in Gibraltar is anything but easy, crypto derivatives exchange ZUBR told CoinDesk.

Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9,500

Bitcoin broke through $9,500 Thursday and those short sellers betting on lower prices got liquidated by some crypto derivatives exchanges. That also helped push the world’s oldest cryptocurrency higher.