So far, 2022 has been as unkind to digital coins as it has been to stocks. Bitcoin is down more than 37% on the year. Ethereum is down more than 41% and crypto, in general, has been in the news for...
News of digital currencies has been crowding the financial press for several years, yet getting a grip on what exactly "cryptocurrency" means and how to measure its success or failure is a real...
It's National Yo-Yo Day, so if you're in the mood for a little old-fashioned fun ... you know what to do. Meanwhile, here are the top financial stories of the day. The Big Lead: Musk Clarifies...
Late last week, New York’s Senate passed a moratorium impacting bitcoin mining in the state. It’s not a ban of proof-of-work mining per se, but instead a two-year freeze on starting up new bitcoin mining facilities that rely on carbon-based fuel.That bill, having clea
We’ll be in Austin, Texas this week for CoinDesk’s Consensus 2022. Regulators and lawmakers will be out in force to discuss how they’re approaching the rapidly growing cryptocurrency sector.You’re reading State of Crypto, a CoinDesk newsletter looking at t
There may be no surer sign that a currency has reached the financial mainstream than when it is used to scam people out of massive piles of money. That's what's happening with cryptocurrency,...
In 2018, billionaire investment guru Warren Buffett said his Berkshire Hathaway firm "will never have a position" in cryptocurrency. Four years later, the Oracle of Omaha is as sour on crypto as he...
Cryptocurrency has risen in popularity in recent years, but many people still don't understand it. A 2021 survey conducted by Crypotliteracy.org found that 96% of Americans can't pass a basic crypto...
Cryptocurrency is a meme.Currency has always been structured around fundamentals, whether it be precious metals, governmental powers or advantage in commerce. The reduction of major currencies to untethered fiat currencies has brought about a transformative reaction in the form o
“Software is eating the world” has become one of the iconic phrases of the last decade of the software industry. Quoted in 2011 by software legend and venture capitalist extraordinaire Marc Andreessen, it synthesized the idea that companies that operated mostly in the
Ambre Soubiran is the chief executive of one of crypto's most essential data startups, Kaiko. A mathematician by training, Soubrian left an analyst job at HSBC for the crypto industry, predicting that blockchain would reinvent banking. The Chicago-native living in Paris is the la
A few months back, some of my work proximity associates thought it would be interesting to run a wide-reaching, sweeping Bitcoin survey to learn more about the demographics, user behaviors and general perceptions of this hotly debated digital thingamabob. Of course, we had other
Bradley Miles, co-founder of social token infrastructure platform Roll, owns bitcoin, does not own DOGE and thinks in 100 years there will be fewer currencies. His platform is built for the creator economy, it allows anyone to mint a token to monetize their brands and reward comm
The invention of the joint-stock corporation in the 1600s was transformative for human organizing. Providing a structure for jointly working toward economic growth, corporations drove the subsequent Industrial Revolution and fundamentally shifted the arc of human expansion.Today,
Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.
Many companies have withdrawn from Russia to protest Russia’s invasion of Ukraine. So far, major cryptocurrency exchanges in the U.S. have resisted, saying they won’t do it unilaterally.This is a principled stand, and it is consistent with the guiding ethos of the cry
The U.S. Department of Justice’s (DOJ) first crypto-related insider trading case raises the question of whether the crypto markets will be policed the same way as traditional markets and what constitutes a security, according to one attorney specializing in non-fungible tok
The success of cryptocurrency in terms of investor adoption is nothing short of amazing. According to an April survey of 1,037 investors by GOBankingRates, over 40% of respondents who buy crypto...
On Thursday, June 2, came a truly shocking announcement from Coinbase (COIN). Not only would the publicly traded crypto exchange extend a hiring freeze first implemented two weeks ago, it will also rescind existing offers to new hires, according to a statement.This is perhaps the
With skyrocketing valuations, cryptocurrencies are becoming more popular. Find out which cryptocurrencies could be the next to explode in value in 2022.