Bitcoin channel

11 Jan 2023 03:43

First Mover Asia: Behind the Scenes on Indonesia's New Official Crypto Exchange
https://www.coindesk.com/markets/2023/01/11/first-mover-asia-behind-the-scenes-on-indonesias-new-official-crypto-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PLUS: In crypto markets, there's a mini-rally in bitcoin, a narrowing of the "Grayscale discount" and a rally in altcoins.

Bitcoin channel

11 Jan 2023 01:49

Judge Allows Binance US Bid to Buy Voyager Assets to Advance
https://www.coindesk.com/business/2023/01/10/binance-cleared-to-buy-crypto-lender-voyager-out-of-bankruptcy-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange agreed in December to purchase the company after Voyager's deal with Sam Bankman-Fried's FTX fizzled.

Bitcoin channel

11 Jan 2023 01:03

Metaverse Can Build Access for Big Companies, Says Virtual Brand Group CEO
https://www.coindesk.com/business/2023/01/10/metaverse-can-build-access-for-big-companies-says-virtual-brand-group-ceo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The metaverse-building company is looking to leverage the digital ecosystem so big brands can expand their demographic footprint while increasing their revenue streams.

Bitcoin channel

10 Jan 2023 22:13

Crypto Industry Hopes Turn to French Legislators as Regulators Back Mandatory License
https://www.coindesk.com/policy/2023/01/10/crypto-industry-hopes-turn-to-french-legislators-as-regulators-back-mandatory-license/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A Senate proposal to anticipate EU rules has caused consternation in the industry – but the National Assembly may not swallow it whole

Bitcoin channel

10 Jan 2023 22:12

CoinDesk Research’s 2022 Annual Crypto Review
https://www.coindesk.com/business/2023/01/09/coindesk-researchs-2022-annual-crypto-review/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Even though 2022 was a bear market, it was an eventful year for all facets of the crypto industry.

Bitcoin channel

10 Jan 2023 19:45

Gemini's Cameron Winklevoss Calls for Barry Silbert's Ouster From DCG
https://www.coindesk.com/business/2023/01/10/geminis-cameron-winklevoss-calls-for-barry-silberts-ouster-from-dcg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Winklevoss, on behalf of Gemini, called for Silbert's removal for his involvement in the disagreement between Genesis and its creditors.

Bitcoin channel

10 Jan 2023 19:42

‘The Revolutionaries Will Be Televised’: PleasrDAO Launching Live Auctions With Snowden, Ellsberg NFT
https://www.coindesk.com/web3/2023/01/10/the-revolutionaries-will-be-televised-pleasrdao-launching-live-auctions-with-snowden-ellsberg-nft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The community who purchased Martin Shrkeli’s Wu-Tang Clan album in July of 2021 pivots to hosting its own sales, starting with a NFT by Edward Snowden, Daniel Ellsberg and the Freedom of the Press Foundation.

Bitcoin channel

10 Jan 2023 16:09

Bitcoin Holds Steady Above $17K, US Dollar Tepid Ahead of Powell Speech
https://www.coindesk.com/markets/2023/01/10/bitcoin-steady-above-17k-us-dollar-tepid-ahead-of-powell-speech/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

"There is much interest in whether Chair Powell, who speaks at a Riksbank event, uses the opportunity to underscore the December minutes, which pushed back against the easing of financial conditions," one observer said.

Bitcoin channel

10 Jan 2023 16:06

Bonk Inu to Mint NFTs on Solana-Based Marketplace Magic Eden. But There's a Catch
https://www.coindesk.com/markets/2023/01/10/bonk-inu-to-mint-nfts-on-solana-based-marketplace-magic-eden-but-theres-a-catch/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A representative told CoinDesk that all BONK tokens used to mint the NFTs will be permanently burned.

Bitcoin channel

10 Jan 2023 13:00

Flare Tokens Airdropped to XRP Holders After Two Years; FLR Price Plummets
https://www.coindesk.com/markets/2023/01/10/flare-tokens-airdropped-to-xrp-holders-after-two-years-flr-price-dumps-70/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The airdrop was much awaited by the XRP community, with the project aiming to become a smart contract protocol that utilizes the XRP Ledger.

Bitcoin channel

10 Jan 2023 09:46

FTX’s Former Engineering Chief Nishad Singh Looking for Deal From Feds: Report
https://www.coindesk.com/business/2023/01/10/ftxs-former-engineering-chief-nishad-singh-looking-for-deal-from-feds-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Singh may hold information key to showing how Sam Bankman-Fried violated numerous federal campaign finance laws.

Bitcoin channel

10 Jan 2023 07:54

Hong Kong’s Finance Regulator Calls for 'a More Solid Footing' for Crypto
https://www.coindesk.com/policy/2023/01/10/hong-kongs-finance-regulator-calls-for-a-more-solid-footing-for-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

After crypto firms have left the city, the regulator says it’s now moving with the market and industry.

Bitcoin channel

10 Jan 2023 05:33

First Mover Asia: Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto
https://www.coindesk.com/markets/2023/01/10/first-mover-asia-altcoin-short-squeeze-brings-green-shoots-to-dormant-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A squeeze on bearish altcoin traders has brought fresh energy into crypto markets, absent for months as the FTX exchange imploded in scandal. PLUS: Alex Thorn talks on crypto VC in 2023.

Bitcoin channel

10 Jan 2023 03:56

Hong Kong Firm With Ties to Bitmain Reorganizes to Focus on Crypto Asset Management and Hedging
https://www.coindesk.com/business/2023/01/10/hong-kong-firm-with-ties-to-bitmain-reorganizes-to-focus-on-crypto-asset-management-and-hedging/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Newly-named Metalpha has its work cut out for it, hedging an uncertain market for institutional clients.

Bitcoin channel

10 Jan 2023 00:12

Hut 8’s Ontario Bitcoin Mining Operation Halted Amidst Power Disputes
https://bitcoinmagazine.com/business/hut-8-ontario-bitcoin-mining-halted

The mining company confirmed the operation is still shuttered after contractual disagreements with their power provider, Validus Power.

Bitcoin channel

11 Jan 2023 02:53

Bitcoiners Are Flocking To Nostr, But What Makes It Different Than Twitter?
https://bitcoinmagazine.com/technical/what-makes-nostr-a-different-social-platform

Nostr is an alternative to Twitter that better protects users from censorship, and it’s built in a way that could appeal to Bitcoiners.

Bitcoin channel

11 Jan 2023 01:03

Analysts ‘Encouraged’ by Coinbase Layoffs, Showing Company Is Being Financially Disciplined
https://www.coindesk.com/business/2023/01/10/analysts-encouraged-by-coinbase-layoffs-as-they-show-company-is-being-financially-disciplined/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step.

Bitcoin channel

10 Jan 2023 23:01

Ethereum Software Firm ConsenSys to Cut Upwards of 100 Staff
https://www.coindesk.com/business/2023/01/10/ethereum-software-firm-consensys-to-cut-upwards-of-100-staff-as-crypto-bear-market-takes-another-casualty/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The news comes the same day crypto exchange Coinbase said it was cutting almost 20% of its workforce.

Bitcoin channel

10 Jan 2023 22:12

Euro Stablecoin EURR Issuance Ceased
https://www.coindesk.com/business/2023/01/10/euro-stablecoin-eurr-issuance-ceased/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stablecoin issuing protocol e-Money has ended its issuance of EEUR, a coin pegged to the euro, citing current market conditions as the reason.

Bitcoin channel

10 Jan 2023 21:38

Gemini’s Winklevoss Alleges DCG, Genesis Defrauded His Exchange And 340,000 Users
https://bitcoinmagazine.com/business/gemini-alleges-dcg-genesis-defrauded-users

Cameron Winklevoss, president and co-founder of Gemini, has written an open letter demanding Barry Silbert’s removal as CEO of Digital Currency Group.

Bitcoin channel

10 Jan 2023 19:43

Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report
https://www.coindesk.com/policy/2023/01/10/crypto-exchange-operator-bithumb-investigated-by-south-korean-tax-authorities-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The former chairman of Bithumb Holdings was recently acquitted of fraud charges.

Bitcoin channel

10 Jan 2023 18:00

Homesteader Conversations: Feeding Your Family And Building A Bitcoin Community In Southern Portugal
https://bitcoinmagazine.com/culture/bitcoin-and-homesteading-in-portugal

A homesteader in Portugal shares her experiences running a farm, feeding her family and supporting a Bitcoin community through workshops.

Bitcoin channel

10 Jan 2023 16:08

Coinbase Cuts Around 20% Workforce as Crypto Winter Rages
https://www.coindesk.com/business/2023/01/10/coinbase-plans-to-cut-950-jobs-by-end-of-q2/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023.

Bitcoin channel

10 Jan 2023 16:05

Bernstein: Recent Gains in Some Cryptocurrencies Caused by Short Covering
https://www.coindesk.com/markets/2023/01/10/bernstein-recent-gains-in-some-cryptocurrencies-caused-by-short-covering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Altcoins such as solana and lido have gained more than 20% as investors betting on a decline covered their positions, the report said.

Bitcoin channel

10 Jan 2023 12:59

Poor Bitcoin Market Liquidity Keeps Crypto Whales at Bay
https://www.coindesk.com/markets/2023/01/10/poor-bitcoin-market-liquidity-keeps-crypto-whales-at-bay/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Poor liquidity means large buy and sell orders can significantly impact the cryptocurrency's price.

Bitcoin channel

10 Jan 2023 09:46

Nepal Orders Internet Providers to Block Crypto-Related Websites
https://www.coindesk.com/policy/2023/01/10/nepal-orders-internet-providers-to-block-crypto-related-websites/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nepal's Telecommunications Authority has instructed all internet service providers (ISPs) to prevent operating and managing crypto-related “websites, apps or online networks.”

Bitcoin channel

10 Jan 2023 05:34

Virtual Worlds, Real-Life Use Cases: How Web2 and Web3 Tackled the Metaverse at CES 2023
https://www.coindesk.com/web3/2023/01/10/virtual-worlds-real-life-use-cases-how-web2-and-web3-tackled-the-metaverse-at-ces-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In the four-day tech trade show, companies from across sectors flocked to Las Vegas to showcase their latest innovations. Several brands introduced metaverse technology, hinting at trends to watch out for in the coming year.

Bitcoin channel

10 Jan 2023 05:01

Bitcoin Can Be Super Collateral If Lenders Understand Its Value
https://bitcoinmagazine.com/culture/bitcoin-is-superior-lending-collateral

The frequent implosion of crypto lending platforms is rooted in their mismanagement and failure to respect bitcoin’s true value.

Bitcoin channel

10 Jan 2023 01:59

Crypto Markets Today: Big Options Trade in Ether Market Would Profit from 69% Price Slide
https://www.coindesk.com/markets/2023/01/09/crypto-markets-today-big-options-trade-in-ether-market-would-profit-from-69-price-slide/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Bitcoin and ether traded up. Solana saw double-digit gains amid strong transactional activity.

Bitcoin channel

09 Jan 2023 23:45

Beaten-Down FTT, Serum Tokens Lead Altcoin Rally, Triggering Short Squeeze
https://www.coindesk.com/markets/2023/01/09/beaten-down-ftt-serum-tokens-lead-altcoin-rally-triggering-short-squeeze/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Traders liquidated some $245 million worth of short positions, according to Coinglass.