Coindesk

Democrats Make Pitch For Crypto Voters. Will Crypto Listen?

A Crypto4Harris town hall tonight aims to show the strength of Democrat commitment on digital assets.Source link

Nearly $600M of Silk Road Bitcoin Hits Coinbase Prime, but Not Necessarily to Sell

Bitcoin's price remained flat around $59,000, while its swift decline from $61,000 earlier today happened before the transaction.Source link

The Coming Financialization of Hashrate Markets

Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital Assets Center of Excellence, KPMG Canada.Source link

The Anatomy of a Meltdown (and Just BTFD)

GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk-reward its most compelling in years.Source link

Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock

The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price, IntoTheBlock analysts noted.Source link