Bitcoin


Finance

Makeup Mogul Michelle Phan's Coronavirus Strategy Is Educate and HODL Bitcoin

Although the coronavirus-induced economic slowdown is hitting every sector, beauty mogul Michelle Phan has a plan.

Michelle Phan poses in the Em Cosmetics office. (Photo by Mark Sacro for CoinDesk)

Markets

In Echo of 2008, Fed Pledges $1.5 Trillion Injection to Aid Reeling Markets

The pumping of trillions of dollars of fresh liquidity into the financial system recalled the central bank’s unprecedented efforts during the last crisis.

The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.

Markets

US Charges Dutch National With Running Crypto-Funded Child Porn Site

U.S. officials allege a Dutch national referred to as “Michael R.M.” made $1.6 million in bitcoin by operating a rape and child pornography website for the last eight years.

U.S. officials allege "Michael R.M." allowed customers to purchase videos using bitcoin and ether. Individuals could upload "obscene" videos. (Credit: Shutterstock)

Markets

Down 26%: Bitcoin Sees Worst Sell-Off in 7 Years as Coronavirus Spurs Flight to Safety

Bitcoin suffered its biggest drop in seven years, as fears over the spreading coronavirus triggered a new wave of selling in everything from stocks and junk bonds to cryptocurrencies.

Cleaner sweeping the floor after the Wall Street stock market crash of 1929. Source: Wikimedia Commons

Markets

Bitcoin's Crash Triggers Over $700M in Liquidations on BitMEX

Bitcoin’s flash crash on Thursday triggered the most long-short liquidations on crypto derivatives exchange BitMEX in 16 months.

Arthur Hayes, former CEO of BitMEX

Markets

Bitcoin Hits 10-Month Low Below $6K as Stocks Plunge in Massive Sell-Off

Bitcoin is in turmoil on Thursday, having quickly plunged to below $6,000 for the first time since last May.

Bitcoin prices, March 12, 2020.

Markets

As NY Fed Promises More Cash, What Will Christine Lagarde Do?

Bitcoin prices slid for a fifth straight day, but the bigger news is what the N.Y. Fed and Christine Lagarde's ECB do next.

ECB President Christine Lagarde.

Policy

Why Energy Experts Are Watching Crypto as Oil Wars Emerge

Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.

Credit: Shutterstock

Markets

US Homeland Security Charges LocalBitcoins Seller With Money Laundering

Homeland Security and Drug Enforcement Administration officials charged a LocalBitcoins user with laundering more than $140,000 in bitcoin.

handcuffs

Markets

Bitcoin Price Is Now Up Just 9% This Year

Bitcoin’s recent price drop in line with traditional markets has erased a major portion of its year-to-date gains.

Bitcoin price January-March