Saturday, October 23, 2021

Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

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The Mayer Multiple, which measures the spread between bitcoin’s price and the 200-day moving average (MA), also shows the bull market is still far from peaking. While the metric has risen to a...

Bitcoin Futures ETFs Are Here. Is a Physical ETF Soon to Follow?

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A “physical” ETF, however, does not have the same problems as a futures-based solution. While crypto trading, custody and reporting is more expensive than traditional finance, a physical bitcoin ETF will not have...

How Does Crypto Fit Into a Passive Investment Strategy?

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The built-in scarcity of bitcoin in particular – along with its verifiability, portability, and durability – makes it one of the most historically deflationary types of currencies we’ve seen, argued Rochard. Unlike putting...

Swedish Financial Watchdog Investigating Two Local Crypto Exchanges

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Sweden’s Financial Supervisory Authority (FI) is investigating two local crypto firms, Safello and Goobit, according to an announcement on its official website.FI said on Thursday it wants to know how local crypto firms...

Crypto Market Cap Surges to Record $2.7T

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The total crypto market capitalization is now roughly double that of silver’s $1.4 trillion, according to the website companiesmarketcap.com, and has climbed as a percentage of gold’s $11.3 trillion. The crypto market cap...

SBF, The Weeknd Join Board of Tom Brady’s NFT Platform

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set...

Solana-Based DeFi Protocol Synchrony Raises $4.2M for Composable Indices

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Synchrony, an on-chain asset management protocol built on the Solana blockchain, has raised $4.2 million in strategic funding to further the development of its decentralized finance (DeFi) configurable indices.The funding, led by by...

Sotheby’s, Future Perfect Ventures Invest $20M in NFT Tech Firm Mojito

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“NFT commerce suite and what that means is that we’ve built, or are building, all of the tools and products that a brand or a right holder needs end to end in order...

Walmart Has Quietly Begun Hosting Bitcoin ATMs

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CoinDesk tested the service out of an abundance of caution following a hoax last month, when a fake press release claimed that litecoin (LTC) would be accepted as payment at Walmart stores. This...

How Gary Gensler Could Approach DeFi Enforcement

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Plenty of crypto operators will rightly view putting enforcement ahead of regulation as shutting the barn door after the horse is loose. To some extent, it’s a consequence of the shifting priorities of...

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