Cryptocurrency


Markets

Crypto Options Traders Turn to DeFi for Altcoin Bets as QCP Slings $1B

The Singapore-based firm QCP now trades more than $1B of crypto options per month using decentralized financial applications, including $1 million worth of AAVE options recently with Ribbon Finance.

Traders have never seen anything like the cryptocurrency options trading happening these days in decentralized finance. (Thomas Shotter Boys, 1842/Art Institute of Chicago, modified by CoinDesk)

Finance

Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure

While the bill might be the same as the draft submitted in January, expectations had grown that the government would submit a final version that would be accommodative to crypto.

What Coinbase Job Postings in India Say About the Proposed Indian Crypto Ban

Finance

Regal Cinemas to Accept Crypto for Tickets, Concessions

Moviegoers will be able to use bitcoin, dogecoin and other digital currencies.

Signage is displayed on a Regal Cinemas movie theater in Oakland, California, U.S., on Tuesday, Oct. 6, 2020. More than 7,000 movie screens will be dark in the U.S. this weekend as the Regal theater chain said it will shut down all 536 locations on Thursday. Photographer: David Paul Morris/Bloomberg via Getty Images

Markets

Market Wrap: Cryptocurrencies Fade on News That Powell Will Be Renominated as Fed Chairman

Bitcoin struggles to maintain weekend gains as buyers take profits.

Federal Reserve Board Chairman Jerome Powell

Markets

Bitcoin Struggles at $60K Resistance; Support Above $53K

Short-term downside is likely into the Asia trading day.

Bitcoin four-hour price chart shows short-term resistance levels with RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin is stabilizing after a near-10% decline over the past week.

Sell-off stabilizes (Shutterstock)

Markets

Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status, Hillary Clinton Says

Clinton called for a joint effort by nation-states to monitor cryptocurrencies’ rise.

Dólares estadounidenses (Shutterstock)

Markets

Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Traders are in no hurry to buy given regulatory concerns and muted volume.

Crypto correction (Shutterstock)

Markets

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K

Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Learn

How to Buy Shiba Inu Coin (SHIB)

The viral success of shiba inu coin (SHIB) means it’s easy to purchase the dogecoin competitor across a range of platforms. Here’s what you need to know.

https://www.shutterstock.com/image-photo/japanese-shiba-inu-dog-near-window-585435077