Back Above $4K: Bitcoin’s Price Hits a Two-Week High

The price of bitcoin, the world’s largest cryptocurrency by market capitalization, jumped 6.5 percent Sunday to rise back above $4,000, its highest point in two weeks. CoinDesk data shows bitcoin’s (BTC) price spiked $262 on Monday at 17:10 UTC to $4,063, a move accompanied by a large injection of volume. At press time, bitcoin is up […]

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RIP ICOs: 2019 Will Be the Year of Enterprise Blockchain Tokens

Ajit Tripathi is a partner at ConsenSys, where he specializes in global financial services business development and corporate venture strategy. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  One year ago, I wrote an article for CoinDesk in which I humbly argued that the price of ether didn’t matter and what everyone […]

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Bitcoin Payments Aren’t Dead, They’ve Just Gone Niche

When Frank and Nikki McKeever founded their small art retailer in Florida in 2012, they never could have imagined that cryptocurrency would become an integral part of their business. In September 2017 – a period of surging cryptocurrency prices and publicity – the Lynx Art Collection began offering crypto-themed artworks with litecoin, monero, ether, and […]

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The False Promise Blockchains Will Revolutionize Real-World Assets

Farzam Ehsani is co-founder and CEO of VALR.com, a digital asset trading platform. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  In 2018, as cryptocurrency prices declined, the corporate-blockchain-marketing machine continued to hum unabated. Corporates continued to issue press releases about their “world-first” blockchain implementations that were going to solve the world’s […]

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Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups

Stablecoins may qualify as “money” under Texas law, according to updated guidance from the state Department of Banking. A memo published Wednesday by Texas Banking Commissioner Charles Cooper outlines how cryptocurrencies are to be treated under local and federal regulations, in particular adding details of how stablecoins backed by sovereign, or fiat, currencies may be […]

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Chinese Bank Giants Tap Blockchain in Trade Finance Efficiency Boost

The China Banking Association (CBA), the country’s self-regulatory organization for the banking sector, is launching a new blockchain-based platform for trade finance. The platform was announced last week while the organization is in the process of rolling it out for live usage after several pilot programs aimed at improving the efficiency and security of trade finance transactions. […]

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Gold Has Beaten The Market Over Multiple Time Periods

Global uncertainty made gold a holiday winner for investors seeking a relatively safe haven. U.S. stocks just logged their worst year since 2008—their worst December since 1931—as fears over global trade, ballooning debt, the end of accommodative central bank policy and a U.S. government shutdown unsettled investors. Against this backdrop, the price of gold rallied […]

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The Map Is Not the Territory: Rethinking Crypto as an Asset Class

Sid Kalla, CFA and Bradley Miles are co-founders of Roll, an open standard for social money on the ethereum blockchain. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Over long time periods, bitcoin’s returns have been uncorrelated to the stock, bond or commodity markets. Even though bitcoin has been highly volatile, adding […]

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Token Exchange to Enable Trading of Nasdaq-Listed Companies

A Nasdaq-powered crypto startup plans to let its clients indirectly purchase shares of major firms through a token-based platform. Estonia-based DX.Exchange announced Thursday that it would launch its trading platform on Jan. 7, allowing its clients to purchase crypto tokens representing shares in different tech firms listed on the Nasdaq exchange. Customers will be able […]

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January Outlook For Litecoin – Litecoin USD (Cryptocurrency:LTC-USD)

The pairing of Litecoin (LTC-USD) with the US dollar finds itself pushing against a previous support that now functions as a resistance level. This is within the context of what’s increasingly looking like an inverted head and shoulders formation on the daily chart. This analysis piece will attempt to highlight the possibilities of price action […]

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