While bitcoin price briefly hit above $4,000 last week, the crypto is now nearing overbought levels. And if it reaches that overbought territory, it could see further declines. In fact, when it hit a similar pattern in February, the crypto lost about 3 percent over...
Overstock’s tZERO is set to launch a mobile trading app in June. CEO Saum Noursalehi told CoinDesk that the app for IOS and Android devices, which is being developed by Bitsy, will allow users to buy and sell bitcoin, and possibly ether. “That’s part of...
Agustin Carstens, the general manager at the Bank for International Settlements, said that banks shouldn’t issue their own bitcoin-like tokens because it could undermine global financial stability, as well as monetary policy, according to a report by Bloomberg. In the past, Carstens has called Bitcoin...
Intercontinental Exchange (ICE)’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to a report in The Wall Street Journal citing people familiar with the matter, plans for ICE, which owns the New York Stock Exchange, to roll out...
A new job posting has revealed that Facebook is looking to hire a lead commercial counsel for its blockchain initiatives. “You will be responsible for drafting and negotiating a wide variety of contracts related our blockchain initiatives, including partnerships needed to launch new products and...
Leading crypto exchange Binance announced the launch of Binance Lite Australia, which allows Aussies to buy bitcoin with cash. The offering is Binance’s first fiat gateway on the blockchain continent, providing a cash-to-bitcoin brokerage service via a network of more than 1,300 supported newsagents across...
The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. And in one example, Nash — a financial services platform registered in Liechtenstein — looks to provide a funds management service tied...
Bitcoin’s share of the total cryptocurrency market is close to falling below 50 percent for the first time in over seven months. CoinDesk reported that the crypto currently accounts for 50.9 percent of the market’s total capitalization, falling to a low of 50.54 percent on March...
Overstock has decided to hold off on selling its retail business. The company had been planning to sell its flagship eCommerce business by the end of February, using the funds from the sale towards its blockchain projects. But now CEO Patrick Byrne told shareholders on...
