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Bitcoin & Cryptocurrency

US Senator Reports to Jail Pending Verdict in Cryptocurrency Fraud Case

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A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27. Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim. Williams …

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Can Tom Jessop Bring Crypto to Wall Street for Good?

––––––––––––––––––––––––––––––––– Everyone in cryptocurrency has a story about the time they went down the proverbial rabbit hole. Tom Jessop’s takes place in his kitchen. It was around 2013 or 2014 when Jessop, then a managing director at Goldman Sachs with two decades of Wall Street experience, became enthralled with bitcoin …

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Launch Timeline for Bakkt’s Bitcoin Futures to Be Clarified Early 2019: ICE

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  The Intercontinental Exchange (ICE) announced an update on the launch of the Bakkt Bitcoin (USD) Daily Futures Contract in an official notice Dec. 31. The document from ICE — the operator of the New York Stock Exchange (NYSE) and creator of digital assets platform Bakkt — states that “[f]ollowing …

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2018 Was the Reality Check. 2019 Starts the Crypto Comeback

Micah Winkelspecht is CEO and founder of Gem, a crypto portfolio app company based in Los Angeles, The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  If 2017 was the year of irrational exuberance, 2018 became the year of reality checks when the market sputtered and crashed. I …

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Kraken Publicly Asks: Is It XRP or ‘Ripples’?

Confusion continues in the cryptocurrency industry over altcoin Ripple (XRP) after US exchange Kraken publicly asked for help with naming it. 1 Ripple, 2 Ripples? No One Knows The latest episode in a series of bizarre events over XRP token and its notional issuer Ripple, Kraken CEO Jesse Powell appealed …

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Top Cryptocurrencies Mostly in the Red, Bitcoin Falls Below $3,900 Again

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Sunday, Dec. 30 — most of the top 20 cryptocurrencies are seeing discreet losses while a few report discreet gains. Bitcoin’s (BTC) price is under $3,900 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down a fraction of a percent on the day, trading …

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The End of the First Crypto Decade

Massimo Morini is a veteran in investment banks and financial institutions including the World Bank. Some of his research on blockchain was reported here and here. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  The end of 2018 is not the end of a year. It is the end of a decade, a …

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New Survey Finds 40% of Chinese Want To Invest In Bitcoin

A new survey asked nearly 5000 Chinese people about their familiarity and interest in cryptocurrency. The results of the survey show that two in five or 40 percent wanting to invest in bitcoin, despite the current bear market. Subject Knowledge The survey found that 98 percent of the respondents had heard of at least …

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Chinese Media Reports Jihan Wu, Jenke Group to Soon Resign as Bitmain CEOs

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Jihan Wu and the Jenke Group will be reportedly soon retire as CEOs of leading mining ASIC producer Bitmain. Rumors about their departure were reported by Chinese local media Odaily on Dec. 28. Odaily quotes an unnamed source familiar with the situation that Bitmain is currently in a transition period. …

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