Analysis

Advertisement According to Jonathan Cheesman, a partner at investment firm Distributed Global, Bitcoin has fallen due to five major reasons: macro trend, speculative dominance, regulatory uncertainty, short selling, and scams. But, as the market and cryptocurrencies as an asset class continue to see improvements in infrastructure and regulation, Cheesman explained that a growing number of
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New to crypto trading? Read CoinDesk’s full set of guides. If simple moving averages are your game as a crypto-trader, it’s time to take it to the next level for this week’s Crypto 101 guide.  Last time, we discussed simple moving averages (SMAs), and in this segment, we will look at a strategy utilized by
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Mark Radcliffe and Victoria Lee are partners at the law firm of DLA Piper.  Software licensed under open source licenses (OSS) is fundamental to the success of blockchain projects. Such licenses permit collaborative, decentralized development, encourage swift adoption by users and enable the community to “fork” the project to resolve strategic disputes. In fact, OSS
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French energy company Engie and business consulting group Maltem are launching a new blockchain development spinoff for commercial clients, the companies announced Friday. Dubbed Blockchain Studio, the new venture will target clients in Asia and Southern Europe, Engie said in a press release. Its first product is a software suite that “accelerates and industrializes the
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The number of short orders placed on ether (ETH) reached a new all-time high during Friday’s trading session, according to data from the cryptocurrency exchange Bitfinex. At approximately 10:00 UTC Friday, the number of shorts placed on ETH/USD, the world’s second largest cryptocurrency by market capitalization, surpassed the prior mark of 202,854 to ultimately reach
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The EOS blockchain project is hoping to boost the onboarding of new users by reducing the cost of opening accounts. EOS New York, one of the network’s 21 block producers (the entities elected to verify transactions on the network), announced Thursday that 15 block producers had approved a new protocol update which reduces cost of
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Mobile investment app Robinhood that launched a zero-commission cryptocurrency trading service early this year is now searching for a chief financial officer as the startup prepares for an initial public offering (IPO). Speaking at a TechCrunch event on Thursday, Robinhood’s CEO Baiju Bhatt revealed that the firm is “actively looking for a CFO right now” as
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Crypto exchange Gemini founders Cameron and Tyler Winklevoss have won a patent for a cold storage method involving air-gapped computers, geographically remote vaults, plastic cards and, possibly, papyrus. Filed under the brothers’ firm Winklevoss IP, LLC, the document – published Tuesday by the U.S. Patent and Trademark Office – outlines a plan to develop a network of
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U.S. stock brokerage EF Hutton is hoping to educate investors interested in, but “confused” by, cryptocurrencies. The company announced Wednesday that it is to publish research reports that will delve into into cryptocurrencies, specifically focusing on bitcoin, ethereum, XRP, EOS, litecoin, bitcoin cash and cardano. The reports will include a daily crypto market update, 1–5
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Users of the Ethereum Name Service (ENS) can now claim .xyz domains to connect to their wallets, smart contracts or other services, ENS developer Nick Johnson announced Wednesday. Johnson wrote in a blog post that the new domain name option comes after some testing and development, and is “now supported by ENS on mainnet.” Users
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Cryptocurrency exchange ShapeShift has launched a new membership program that will eventually become mandatory for its users. Positioned as a loyalty program, the initiative will see the startup offer a range of benefits while also moving to start collecting some personal information from its users, essentially forming a pivot away from its “exchange without accounts”
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Advertisement Bitcoin on Tuesday continued its uptrend, rising close to 3 percent since its intraday low from yesterday. The BTC/USD pair today opened near 7272-fiat while correcting from its previous low around 7248-fiat. At the beginning of the Asian trading session, the pair stayed on a stable and steady uptrend. As the session matured, and
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