Why Bitcoin Tumbled Below $8K

Bitcoin prices briefly slipped below $8,000 each on Thursday for the first time in three months, though the cryptocurrency is still more than double its level at the start of 2019. What do these bold – and volatile – moves mean for the ecosystem? David Nage, principal at the Los…

Why Tether Volume Surged to All-Time Highs in August

A year after China banned local fiat on-ramps for crypto exchanges, Chinese traders continue to drive the market forward by using the dollar-pegged stablecoin tether (USDT). “Crypto trading businesses are restricted from accessing banking services in China, but they are thriving nonetheless,” Dragonfly Capital Partners co-founder Alexander Pack told CoinDesk. Traders generally work around…

Why Bitcoin’s ‘Culture War’ Matters

Let’s talk about bitcoin, toxicity and inclusiveness. (Boy, my Twitter feed is going to have fun over the next few days.) To start with, let me take a position: I stand with those people, especially women, who’ve lately been calling out maltreatment from members of the bitcoin community and citing…

Why Mark Zuckerberg and Jack Dorsey Are Warming to Blockchain

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. “Left to their own devices, computer scientists would recreate the Soviet…

Why This Andreas Antonopoulos Talk Should Go Down as 2019’s ‘State of the Crypto Industry’ Address

In this concise overview of the cryptocurrency industry’s strengths, weaknesses, opportunities, and threats, renowned crypto expert Andreas Antonopoulos explains what’s going on the world that makes Bitcoin such a relevant and powerful force. THE STATE OF THE CRYPTO INDUSTRY IN 2019 The most important feature of Bitcoin is its neutrality, and the rest of…