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Crypto asset prices slid on Thursday, building on Wednesday’s market-wide selloff spurred by Federal Reserve Chair Jerome Powell disappointing investors with his comments on U.S. interest rate cut expectations for next year. Bitcoin’s (BTC) attempt to bounce back above $100,000 quickly faded
Every year, my company Emfarsis partners with the Blockchain Game Alliance (BGA) to conduct an industry-wide survey of blockchain gaming professionals. And every year, the overwhelming majority of respondents agree that digital asset ownership is the single biggest benefit that blockchain can
It took a while, but 2024 was the year bitcoin fulfilled a million end-of-year predictions to finally hit $100,000. Uncork the champagne if you like, but I believe bitcoin’s breach of this historic barrier is the harbinger of something even bigger, and
As nations explore the implications of digital currencies, Bitcoin is becoming part of national strategies. El Salvador made headlines as the first country to adopt Bitcoin as legal tender, while the United States is considering a national Bitcoin reserve. Even China, despite
El Salvador is in the process of securing a $3.5 billion deal with the International Monetary Fund, but is making some concessions around bitcoin (BTC) to get the funding. Stacey Herbert, director of the Bitcoin Office in El Salvador, posted on Thursday
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3644.43, down 0.3% (-9.33) since 4 pm ET on Wednesday. Four of 20 assets are trading
EMBARGOED UNTIL 19 DECEMBER 2024 @ 9:00 AM ET Blockchain security firm Blockaid said a full 59% of crypto tokens introduced this year were “malicious in nature.” The number of nefarious tokens being sold into the open market ties in with the
Curve founder Michael Egorov was liquidated for 918.83K CRV ($882,000) after CRV fell by more than 12% over the past 24-hours. The head honcho of the decentralized finance (DeFi) lending platform suffered a series of mammoth liquidations earlier in 2024 after taking
Ilya Lichtenstein, who pled guilty last year to charges related to the 2016 theft of 120,000 bitcoin from Bitfinex, has made his first public statement since his 2022 arrest. In a five-minute video posted to X (formerly Twitter) on Thursday, Lichtenstein reiterated
Wednesday, Dec. 18, will go down in history as a day of market panic triggered by the 25 basis point Fed rate cut and Chair Jerome Powell’s hawkish outlook. Bitcoin (BTC) briefly tumbled below $100,000; U.S. equities dropped around 3%, while the