Financial News

BTC margin markets and futures’ long-to-short indicator show professional traders are unwilling to bet on Bitcoin's price dropping.

The new algorithmic currency system aims to provide a more “stable, efficient and scalable” asset than common coins like Bitcoin.

The Kingdom of Bhutan uses Himalayan rivers to generate energy used to mine Bitcoin, local reports reveal.

Nigeria’s securities regulator will take at least 10 months to determine whether to register a digital asset-related company.

"Binance LaunchPool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.

The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

The regulator is considering applications for digital asset exchanges on a trial basis.

ALSO: Five CoinDesk journalists offer their takeaways from Consensus 2023. They found an industry still filled with optimism but also realistic about the challenges ahead, most notably, regulatory uncertainty.

Block has completed the design of its new prototype ASIC chip that it says will fast-track its plan to bring an “open source” Bitcoin mining rig design to market.

According to ChatGPT, there’s a 15% chance that Bitcoin will “fade to irrelevancy,” with prices falling 99.99% by 2035.

A survey from the United States Financial Industry Regulatory Authority indicates that new crypto investors tended to be swayed by suggestions from friends, compared to equities or bond investors.

Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic.