Bitcoin’s Halving Captures Growing Interest – Among Google Searchers

Bitcoin traders are split on whether the cryptocurrency’s once-every-four-years “halving” will jolt prices toward 2017’s all-time-high near $20,000 or multiples of that. What’s clear is interest in the topic is surging on Google, according to a report from the Norwegian cryptocurrency analysis firm Arcane Research. The search engine’s Google Trends feature shows queries on the term “bitcoin halving” have doubled this month from December levels to the highest since the last such event in 2016. According to Arcane Research, the increasing number of Google searches is a sign the halving might…

How Coronavirus Outbreak in China Could Weigh on Crypto Prices

Jason Wu had to cancel a dozen meetings with his crypto clients in China after the coronavirus epidemic broke out this month.  “We planned a 10-city tour to talk with potential clients in China,” Wu, the CEO and founder of non-custodial crypto lender DeFiner, said. “Nobody wants to attend any crypto-related conferences or any meetings at all because of the virus, we have to rearrange everything.” Since the first patient was identified on Dec. 8  in Wuhan, the capital of Hubei province in central China, the virus has claimed 80…

What Are Lightning Wallets Doing to Help Onboard New Users?

The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! Show gathered to discuss Lightning Network technology and two innovative approaches at the wallet level which simplify the new-user experience at a tangible, but seemingly minimal cost.  Subscribe to the new CoinDesk Podcast Network for fresh, insightful episodes nearly every day of the week In today’s podcast we zero in on the challenge of “Channel Management”, an until-recently-mandatory and manually-managed part of connecting to and utilizing the still-nascent Lightning Network. A little context:…

Crypto and the Latency Arms Race: Market Microstructures

Max Boonen is the founder and CEO of crypto trading firm B2C2. This post is the third in a series of three that looks at the structure of crypto markets. Opinions expressed within are his own and do not reflect those of CoinDesk. In the two previous articles, I summarized the evolution of speed in modern finance and the balancing act between good and bad latency reductions. Let us now examine the venues where trading takes place and how they fare in this world of increasing speeds. To trade financial…

Ex-CFTC Chair Christopher Giancarlo on Why He Launched Digital Dollar Project

In this video from WEF 2020, former Commodity Futures Trading Commission Chairman J. Christopher Giancarlo, also known as “Crypto Dad,” discusses his push to digitize the U.S. dollar and the future of global currencies. “We believe that the dollar usage in the global economy is underserved by serving as a continual analog instrument in a digital world,” he said. “We’re going to think through how to create a digital dollar that serves well into this coming digital century.” Ultimately, Giancarlo feels governmental currencies will come together with corporate cryptocurrencies and,…

Crypto Custody Provider Ledger Extends Reach in Asia With New Institutional Client

Digital asset storage provider Ledger is partnering with FLETA, a South Korea-based blockchain platform for decentralized applications (dapps) to provide custodian services compliant with local laws. The French startup has been trying to extend the reach of its institutional-level services with Ledger Vault, building on the success of its nano wallets which primarily targeted retail crypto holders.  “Ledger does not just offer the security of storing crypto, it also allows financial institutions to build customized governance rules,” said Glenn Woo, Ledger’s managing director leading business expansions in the Asia-Pacific region. …

CoinDesk Q4 2019 Review: A Year in Suspended Animation

It has been over 10 years since the creation of cryptocurrencies, and while clear narratives have emerged to justify their existence, none are decisively supported by data.  For example, charts suggest bitcoin’s use case as a store of value is taking hold among some new investors, who have been shown to hold the asset through price run-ups. However, other metrics such as bitcoin’s correlation to gold suggest that, across the entire body of bitcoin investors, most are using the asset as something far different from “digital gold.” On ethereum, DeFi…

Liechtenstein Regulators Approve Ethereum-Based Real Estate Fund

A fully-regulated tokenized real estate fund has been approved by officials in Liechtenstein. The AARGOS Global Real Estate Fund was approved as an alternative investment fund (AIF) by Liechtenstein’s Financial Market Authority (FMA), the company announced. The fund provides exposure to a global real estate portfolio through AARGO security tokens – built on the ethereum blockchain – with each token representing one share in the fund. The fund was created by Ahead Wealth Solutions, a financial services provider based in the nation’s capital Vaduz, in collaboration with Bank Frick and…

Meet the Crypto Angel Investor Running for Congress in Nevada

“I would love to sit down with President Trump and have a discussion around bitcoin and cryptocurrency,” Lisa Song Sutton, an entrepreneur and bitcoin ATM investor in Las Vegas, told CoinDesk. Sutton might have a better shot than most at having such a conversation. She’s running for Congress in the Fourth Congressional District of Nevada, one of nine people currently competing in the June 9 Republican primary to see who will face off against the incumbent, Rep. Steven Horsford, a Democrat, in the general election in November. Were she to…

Federal Judge Orders Kik Technical Advisor to Sit for Deposition With SEC

Kik technical advisor Tanner Philp must be deposed by the Securities and Exchange Commission (SEC) related to the company’s 2017 kin token sale, elongating the discovery process in the messaging app’s battle with federal regulators. The agreement was made Wednesday before District Judge Alvin K. Hellerstein in the U.S District Court for the Southern District of New York. Overseeing the latest motion for discovery in this $100 million ICO standoff, Judge Hellerstein initially ruled that Kik CEO Ted Livingston should appear for a deposition, but attorneys for both sides appeared…