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Showing posts from December, 2019

Marty Bent on the Macro Fires on the Horizon

❏ From a trade war tweeting president to protests in Hong Kong, 2019 saw global instability (and in turn, the raison d’etre for bitcoin) increase. ❏ CoinDesk

MARKETS DAILY HOLIDAYS: It’s Beginning to Look a Lot Like Bitcoin

❏ On today's holiday episode of Markets Daily, we are joined by Santa Clause for a bitcoin holiday classic. ❏ CoinDesk

American Cancer Society Now Accepting Bitcoin Donations Through BitPay

❏ “Our mission is urgent and in order to accomplish it, we need to engage donors where they are.” ❏ CoinDesk

MARKETS DAILY HOLIDAYS: Get Yourself a Little Bit of Bitcoin

❏ On today's holiday episode of Markets Daily, we're joined by John Barrett for a holiday classic. ❏ CoinDesk

Bomb Threats Demanding Bitcoin Force Evacuations Across Russia

❏ Someone has been sending bomb threats across Russia for a month, demanding $870,000 worth of bitcoin supposedly stolen from the defunct cryptocurrency exchange WEX. ❏ CoinDesk

Amir Taaki’s Ongoing Crypto Revolution

❏ An early bitcoin pioneer discusses the delisting of privacy coins, ethereum's "capture," and why Brexit and Steve Bannon are "good things." ❏ CoinDesk

Peter McCormack on a Defiant New Era For Bitcoin

❏ Why the narrative of 2019 was protest and dissent and why 2020 will see bloodletting in the alt markets. ❏ CoinDesk

Corporations Need Bitcoin. They Just Don’t Know It Yet

❏ Bitcoin could be the basis for a new corporate operating system, writes Iterative Capital managing partner Chris Dannen. ❏ CoinDesk

Bitcoin Futures Provider Bakkt Names Mike Blandina as New Head

❏ Bitcoin warehouse and Intercontinental Exchange subsidiary Bakkt officially has a new head. ❏ CoinDesk

Why the SEC Asked Blockforce Capital to Pull a Bitcoin ETF Proposal as Soon as It Was Filed

❏ Reality Shares ETF Trust, a branch of Blockforce Capital, filed an ETF proposal under the condition that it would pull the proposal after one day. ❏ CoinDesk

Lawsuit Shows How a Public Firm’s $80M Bet on Bitcoin Miners Went Terribly Wrong

❏ The legal dispute between bitcoin miner Ebang and Chinese public firm Wholeasy reflects the prolonged magnitude of last year's market sell-off. ❏ CoinDesk

Institutional Investment in Crypto: Top 10 Takeaways of 2019

❏ The industry is currently segmented into two main categories: bitcoin and everything else. ❏ CoinDesk

Hanukkah Reflections on My Year of Toying With Bitcoin

❏ ‘Tis the season for introspection. And this year, my thoughts are on bitcoin. ❏ CoinDesk

‘Multi-Part’ Payments Could Bring Bigger Bitcoin Sums to Lightning Network

❏ With its latest "major release," bitcoin tech startup Blockstream said its c-lightning software team is the first to release a working version of "multi-part payments." ❏ CoinDesk

SEC Punts Decision on Wilshire Phoenix’s Bitcoin ETF Proposal to February

❏ The SEC will approve or reject Wilshire Phoenix's bitcoin and U.S. Treasury ETF proposal next year. ❏ CoinDesk

Art Haus Ethereum Meets Bitcoin Financialization

❏ NLW discusses two ends of the crypto spectrum: the emergence of bitcoin derivatives as a key 2019 trend vs. a new bonding-curve powered fashion DAO ❏ CoinDesk

MARKETS DAILY: Defeating the ‘Domination’ of the US Dollar

❏ With bitcoin seemingly back to 'normal', we take a moment to look at historical adoption at the fringe and how it might apply to national cryptocurrencies. It's CoinDesk's Markets Daily. ❏ CoinDesk

With So Much Debt Around, Investors Need Bitcoin As a Reflation Hedge

❏ Market prices don't reflect rational decisions and central banks can hardly manage inflation. That's where bitcoin comes in. ❏ CoinDesk

Bitcoin Price Set to Outshine Gold and Stocks By Big Margin in 2019

❏ Despite the downtrend in the latter half of 2019, bitcoin is on track to significantly outperform gold and stocks. ❏ CoinDesk

Blockstream’s ‘Watchtowers’ Will Bring a New Justice System to the Lightning Network

❏ Watchtowers, a semi-trusted payment channel sheriff, is designed to keep the peace among lightning nodes. ❏ CoinDesk

Alleged ‘Dark Overlord’ Hacker Gang Member Extradited to US

❏ A British national has been extradited to the U.S. for his alleged participation in “The Dark Overlord” hacking group that stole data from several Missouri companies and demanded ransom paid in bitcoin. ❏ CoinDesk

GSR Partners With Canaan-Backed Startup to Offer Crypto Miners Derivatives

❏ GSR and Interhash want to help crypto miners hedge their costs with a new series of derivatives products. ❏ CoinDesk

MARKETS DAILY: Bullish Bitcoin Dreams and a 2019 to Remember

❏ Bitcoin's up more than 10%, but will it last? It's CoinDesk's Markets Daily. ❏ CoinDesk

Coinbase CEO Armstrong Wins Patent for Tech Allowing Users to Email Bitcoin

❏ Coinbase CEO Brian Armstrong has been granted a U.S. patent for an invention that makes sending bitcoin as easy as email, literally. ❏ CoinDesk

Bitcoin Price Jumps 10%, But Bull Reversal Still $700 Away

❏ Bitcoin logged its biggest daily gain in seven weeks on Wednesday, neutralizing the bearish scenario. ❏ CoinDesk

BitGo Warns Users to Withdraw Bitcoin SV Over Hard Fork Threat to Wallets

❏ A major code update for the cryptocurrency bitcoin SV will render some features of BitGo's wallets useless, the crypto custodian says. ❏ CoinDesk

Snowball: The Effort to Bring Privacy to Every Bitcoin Wallet

❏ A new Bluetooth-based tech could snowball into a way to create truly private transactions, its creator says. ❏ CoinDesk

Whiplash: Bitcoin Slides Below $6,500, Surges Above $7,100 in 8-Hour Span

❏ Bitcoin traders might need a neck brace from watching Wednesday's price action. ❏ CoinDesk

It’s Not Just the Money, It’s the People in Bitcoin: Anil Lulla

❏ Credible brands are making long-term investments in this technology, says Anil Lulla, co-founder of Delphi Digital, a research boutique. ❏ CoinDesk

A Year of Careful, Prosaic, BUIDLing

❏ The debate isn't bitcoin or blockchain, it's about separating real ROIs from the noise-makers, says the executive director of Hyperledger. ❏ CoinDesk

Bitcoin ‘UTXOs in Loss’ at Record Highs Amid Price Sell-Off

❏ A key metric is hovering at record highs, suggesting investors are likely holding bitcoins even when deep in the red. ❏ CoinDesk

Bitcoin Drops Below Major Price Support For First Time Since May

❏ Bitcoin risks dropping to seven-month lows below $6,500, having found acceptance under a key long-term price support. ❏ CoinDesk

Canaan’s Post-IPO Stock Plunge Reveals Sales Slump, Price War With Bitmain

❏ Cryptocurrency mining computer-maker Canaan Inc. may have picked the worst time for its initial public stock offering. ❏ CoinDesk

The Productization of Bitcoin Maximalism

❏ NLW discusses the rise in bitcoin only businesses and “blockchain not crypto” in China vs. “digital assets not blockchain” in US financial firms. ❏ CoinDesk

ErisX Takes on Bakkt With Launch of Physically-Settled US Bitcoin Futures

❏ ErisX plans to work with futures commission merchants and brokerages starting next year, allowing investors hoping to trade its physically-settled bitcoin futures an alternative to Bakkt ❏ CoinDesk

MARKETS DAILY: Another Chainalysis Bombshell, Plus a Long Squeeze?

❏ After a brief overnight recovery, bitcoin is getting battered along with the rest of the sector, but how much lower can we go? It's CoinDesk's Markets Daily. ❏ CoinDesk

UK’s Oldest Crypto Exchange to Delist Ethereum and Focus Solely on Bitcoin

❏ Coinfloor, the U.K.’s longest-running cryptocurrency exchange, plans to delist ethereum and bitcoin cash next month to focus solely on bitcoin. ❏ CoinDesk

What Bitcoin Means for Athletes Like Me

❏ To Russell Okung, the Los Angeles Chargers' left tackle, bitcoin means economic sovereignty and self-empowerment. ❏ CoinDesk

Bitcoin Price Hits 3-Week Low Even as Investor Bets on a Bull Move Surge

❏ Bitcoin has dropped to three-week lows and risks a deeper slide, but longs are being placed in record numbers on Bitfinex. ❏ CoinDesk

Chainalysis Report on PlusToken ‘Scammers’ Blamed for Monday’s Crypto Selloff

❏ As bitcoin and ether prices fell below technically significant levels, some traders are citing fear emanating from a report about the alleged PlusToken Ponzi scheme as the reason for the plunge ❏ CoinDesk

What Do Women Want? More Educational Materials Before Investing in Bitcoin

❏ There would be more women investing in bitcoin if they had more educational materials to help them, a new report found. ❏ CoinDesk

Bitcoin-Savvy Retailers to Experiment With Point-of-Sale Lightning App in 2020

❏ Iterative Capital is working with Breez on a point-of-sale app for bitcoin lightning payments. Some retailers are already testing the beta version. ❏ CoinDesk

MARKETS DAILY: Weird News Out of Canada and a Predicted Bull Run

❏ Blockchain goes to court in China and we get expert predictions for 2020. It's CoinDesk's Markets Daily. ❏ CoinDesk

Bitcoin Has Got Society to Think About the Nature of Money

❏ 2020 may be the year we see the value of infrastructure built in response to bitcoin and the energy around blockchain. ❏ CoinDesk

A Year After Bottoming Out at $3,100, Bitcoin is Up 127%

❏ Bitcoin bears have dominated the second half of this year, but the cryptocurrency is still up 127% year on year. ❏ CoinDesk

Bitmain’s Miner Manufacturing Subsidiary Had $680k in Assets Frozen in a Contract Dispute

❏ In the latest contract dispute to hit the firm, $680,000 belonging to a fully owned subsidiary of bitcoin mining giant Bitmain has been frozen by a Chinese court. ❏ CoinDesk

Dissidents and Activists Have a lot to Gain From Bitcoin, if Only They Knew It

❏ Bitcoin is working as Satoshi intended and already helps people facing repression. The problem is, many others don’t know about it yet. ❏ CoinDesk

Stone Bitcoins and Echoes From the Past

❏ The best Sundays are for long reads and deep conversations. This time we're reflecting on the past and taking a deeper look at one of the most interesting blockchain allegories that doesn't involve technology at all… ❏ CoinDesk

Highest in 2 Years: 65% of Bitcoin Hash Power Is in China, Report Finds

❏ For all of bitcoin’s promise of being the world’s first decentralized, peer-to-peer cryptocurrency, 65 percent of the total hash power resides in China, according to a recent report by CoinShares Research. ❏ CoinDesk

Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws

❏ Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month. ❏ CoinDesk

MARKETS DAILY: Russian Drugs and The Most Illegal ICO Ever?

❏ With bitcoin recovering after four straight days of decline we're talking about what may be the most illegal ICO ever, tokens for Mongolian taxi fares, Bitmain’s Texas hedge and one "suicidal" startups surprising success... ❏ CoinDesk

Can ‘Dogfooding’ Altcoins Find Real Users in 2020?

❏ Dogfooding - or using your own product - is normal among crypto startups. Is it indicative of a lack of real demand? ❏ CoinDesk

Bitcoin’s Best Ally Is Just Time: Pompliano

❏ Pomp talks Libra, why bank-issued coins are scary, and why this time is both different and not different. ❏ CoinDesk

Bitcoin Risks Deeper Drop After Shallow Price Bounce

❏ Bitcoin is again looking weak, having charted a lackluster bounce from two-week lows in the last 24 hours. ❏ CoinDesk

Cryptocurrency Is Still the World’s Best Performing Asset Class This Year

❏ Large-cap cryptocurrencies had a phenomenal year and remain one of the greatest investment success stories of the decade. ❏ CoinDesk

PODCAST: Introducing ’The Breakdown’ With Nathaniel Whittemore

❏ In the debut episode, Nathaniel discusses recent regulatory action, DeFi project on bitcoin, and a new social media protocol initiative from Twitter. ❏ CoinDesk

Ride ‘Em, Cowboy: Bitmain’s Marketing Gambit Ups Its Texas-Sized Position on Bitcoin

❏ Bitmain's new strategy of giving put options on bitcoin to buyers of its miners amounts to a "Texas hedge" – doubling down on risk, not offsetting it. ❏ CoinDesk

Bitcoiners Are Building a Sidechain Version of Ethereum’s MakerDAO

❏ The bitcoin community may soon have its own version of ethereum’s flagship decentralized finance (DeFi) platform. ❏ CoinDesk

Binance Adds 167 Fiat Payment Options Through Integration With P2P Exchange Paxful

❏ Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 167 fiat currencies. ❏ CoinDesk

Bitcoin Eyes Minor Price Bounce After Hitting Two-Week Low

❏ Bitcoin has potential for a small price bounce after hitting two-week lows early on Thursday. ❏ CoinDesk

Square Crypto Bankrolls Star Lightning Developer Known as ‘ZmnSCPxj’

❏ Keeping in the cypherpunk spirit, Square Crypto has issued a grant to pseudonymous developer ZmnSCPxj for Lightning and bitcoin research. ❏ CoinDesk

Bitcoin Is Closing on Historically Strong Price Support

❏ Battered bitcoin may soon see solid support from a historically strong moving average price support. That could attract technical buyers. ❏ CoinDesk

Is Greece Cracking Down on Tax Evasion or Taxing Anonymity?

❏ Credit cards and bank transfers – and their incumbent surveillance features – are no longer payment options for Greek citizens, they are obligations. ❏ CoinDesk

France’s New ‘Napoleon Bitcoin Fund’ Is Tied to CME’s Cash-Settled Futures

❏ French asset management firm Napoleon AM has launched a new fund tied to CME's cash-settled bitcoin futures. ❏ CoinDesk

MARKETS DAILY: How Bitcoin Diversification Is Helping Traditional Portfolios

❏ With the market set for another down day, we're talking new data on Bitcoin diversification for traditional portfolios, taking a look at shifting tactics in the mining hardware industry, traditional bonds issued, then redeemed on the Ethereum blockchain, and more... ❏ CoinDesk

2019 in Review: Nic Carter on Quadriga, Libra and Other Suspect Projects

❏ VC Nic Carter discusses Quadriga, Libra, and why bitcoin mattered more than ever this year. ❏ CoinDesk

Bitcoin Looks South After Strong Rejection Above $7,600

❏ Are bitcoin sellers back in control? The cryptocurrency is flashing red after a strong rejection above $7,600. ❏ CoinDesk

Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says

❏ Bitcoin's expected mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate. ❏ CoinDesk

Bitmain Shifts Miner Sales Tactics, Betting Big on Bitcoin Halving Pump

❏ Bitmain has retooled its strategy for selling bitcoin miners, betting big that the cryptocurrency’s price will rally with next year's halving. ❏ CoinDesk

Nayuta Claims Its Android Lightning Wallet Is the First to Build in a Bitcoin Full Node

❏ Japan-based startup Nayuta has released what it says is the first lightning network wallet with a built-in bitcoin "full node." ❏ CoinDesk

BTSE Exchange Plans $50M Token Raise on Blockstream’s Ethereum Rival Liquid

❏ If successful, the offering could help put bitcoin sidechains back on the map as an alternative to ethereum for launching assets. ❏ CoinDesk

MARKETS DAILY: 2020 Could See First Central Bank Digital Currencies

❏ With today's markets mostly down, we’re talking bitcoin’s first golden cross in more than three years, "Central Bank Digital Currencies", and a behind the scenes look at troubled chat ICO Telegram, courtesy of the SEC. ❏ CoinDesk

Bakkt Goes Live With Options, Cash-Settled Futures Products

❏ Bakkt’s new options and cash-settled bitcoin futures products have just gone live, joining its three-month-old physical futures contracts. ❏ CoinDesk

Brazilian Police Bust Alleged Crypto Fraud That Cost Investors $360M

❏ Brazilian police have shut down a purported bitcoin investment scheme they allege stole 1.5 billion Brazilian reals. ❏ CoinDesk

The Safello Story: Smaller Crypto Exchanges Must Partner to Survive

❏ In the dog-eat-dog world of cryptocurrency exchanges, smaller startups that don’t attract the volume of megaliths like Binance, Coinbase and Kraken must band together to survive turbulent market cycles. ❏ CoinDesk

Bitcoin Charts First Weekly Golden Cross in 3.5 Years

❏ Bitcoin’s weekly chart is flashing a golden cross for the first time since May 2016. ❏ CoinDesk

Stellar’s Version of Bitcoin’s Lightning Torch Has Been Burning Quietly Since June

❏ The Stellar blockchain has been running its own version of bitcoin's Lightning Torch since the summer. ❏ CoinDesk

A Bitcoin Wallet Is Hurtling Toward the International Space Station

❏ Bitcoin is flying (super) high thanks to SpaceChain's new space-based wallet. ❏ CoinDesk

DISCUSSION: How Can Public Blockchains Have Privacy?

❏ On today's show, we discuss the idea of true privacy on public, transparent blockchains and some of the ways it's working (or not) in Bitcoin or related projects right now. ❏ CoinDesk

Bitcoin Volatility Is Up, Liquidity Stagnant

❏ If stability and liquidity are part of bitcoin's road to becoming a mature asset, 2019 has been a period of arrested development. ❏ CoinDesk

State Street: 38% of Clients Will Put More Money into Digital Assets in 2020

❏ The majority of asset managers that bank with State Street are interested in digital assets, but none have asked the global custodian to store them yet. ❏ CoinDesk

MARKETS DAILY: Planning a Run on ‘Bitcoin Banks’?

❏ With markets mixed but mostly down, we're looking at Deutche Bank's 2030 crypto call, the movement encouraging an annual bitcoin exchange "bank run", and Enjin’s Microsoft-fueled rally ❏ CoinDesk

Asset Manager Secures SEC Approval to Create Novel Bitcoin Futures Fund

❏ NYDIG plans to raise $25 million for an SEC-approved investment fund focused entirely on cash-settled bitcoin futures. ❏ CoinDesk

Key Bitcoin Price Indicator Turns Bearish, But It May Not Be Bad News

❏ The widely followed monthly MACD has turned bearish for the first time since May. However, it likely just reflects recent months of price downturn. ❏ CoinDesk

Crypto Lender BlockFi Rolls Out Zero-Fee Trading for Bitcoin, Ether, GUSD

❏ BlockFi, the cryptocurrency lending service, is expanding into trading with an unusual, zero-fee model. ❏ CoinDesk

Bitcoin’s Rejection at Key Price Hurdle Puts Short-Term Bull Trend at Risk

❏ Bitcoin sharp rejection at resistance around $7,800 has weakened the short-term bullish outlook. ❏ CoinDesk

Canadian Government-Assisted Bitcoin Miner Files for Bankruptcy Owing Millions

❏ Great North Data, a firm that ran bitcoin mining and AI processing data centers in Canada, has filed for bankruptcy. According to bankruptcy filings late in November, the firm has just 4.6 million Canadian dollars (US$3.5 million) in assets, but owes creditors CA$13.2 million (US$10 million), CBC News reported Wednesday. Having run centers in Labrador […] ❏ CoinDesk

Top US Financial Regulators Urge Monitoring of Digital Assets, Stablecoins

❏ A panel of top U.S. financial regulators urged federal and state officials to monitor risks from digital assets like bitcoin. ❏ CoinDesk

MARKETS DAILY: Is Bitcoin Market Manipulation Profitable?

❏ With markets recovering, we take a look at Bitcoins' recent behavior and wonder whether it's still a safe haven? Later, we're joined by Galen Moore for quick discussion on alleged bitcoin market manipulation... ❏ CoinDesk

Bear Trap? Bitcoin Slips to One-Week Low Amid Low Volumes

❏ Bitcoin's recent $780 pullback lacks volume support from sellers and may be short-lived. ❏ CoinDesk

Bitcoin No Longer Looks Like ‘Digital Gold’ by One Measure

❏ If "digital gold" means "assets where investors park money during financial market turmoil," then bitcoin doesn't fit the bill as well as it used to. ❏ CoinDesk

WisdomTree Launches Physically Backed Bitcoin ETP on SIX Swiss Exchange

❏ A new bitcoin exchange traded product has just listed on the Swiss stock exchange SIX, and it's physically backed by the underlying crypto. ❏ CoinDesk

Bitcoin to See Return of Bull Cross That Marked Onset of 2016-17 Price Rally

❏ A bitcoin price indicator that marked the beginning of the 2016-17 bull market is about to make another appearance. ❏ CoinDesk

Bullish Bitcoin Chart Pattern Still Intact Despite 7% Price Drop

❏ Bitcoin has erased more than 45 percent of last week's rally, but a bullish chart pattern is still valid. ❏ CoinDesk

A Plan to Decentralize Bitcoin Mining Again Is Gaining Ground

❏ New code for mining pools could fix problems associated with transaction censorship and more, say its supporters. ❏ CoinDesk

PODCAST: Altcoins and Ancient History with Litecoin’s Charlie Lee

❏ The hosts are talking network effects, ad-hoc audits and more with early Bitcoin developer and Litecoin creator Charlie Lee. ❏ CoinDesk