By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Many financial advisors cite lack of intrinsic value as a case against bitcoin. But demand and global adoption, evidenced by bitcoin’s steadily increasing price, are what they should be paying attention to.Publish at: March 09, 2023 at 01:45PM
Price, Not Intrinsic Value, Is the True Measure of Bitcoin’s Success
First Mover Americas: Silvergate Shutters in Latest Blow to Crypto
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest price moves in bitcoin (BTC) and crypto markets in context for March 9, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Publish at: March 09, 2023 at 01:15PM
SWIFT to Start Phase Two Pilot After Finding ‘Value’ in CBDC
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The banking network will now look at applications like securities settlement and trade financePublish at: March 09, 2023 at 01:04PM
Audius Implements NFT-Gating for Exclusive Artist Access
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The news follows streaming service Spotify’s release of token-gated playlists.Publish at: March 09, 2023 at 01:00PM
Shares of Grayscale Bitcoin Trust Form Bullish Chart Pattern: Technical Analyst
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The bullish reversal pattern would open doors for a 50% price rally, chart analysts said.Publish at: March 09, 2023 at 12:36PM
India’s Crypto Regulation Now Has Teeth, Experts Say
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Bringing crypto companies into the purview of anti-money laundering rules imposes obligations and exposes them to fines for breaches.Publish at: March 09, 2023 at 12:35PM
Arthur Hayes Proposes Bitcoin-Backed NakaDollar, Which Would Rely on Exchanges to Maintain Dollar Peg
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A stablecoin backed by $1 worth of bitcoin and 1x short of a bitcoin perpetual future can be used to provide stability to such a token, Hayes said.Publish at: March 09, 2023 at 11:36AM
Digital Asset Inflows Will Slow Without On-Ramps Between Fiat and Crypto: Morgan Stanley
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Following the closure of crypto-friendly bank Silvergate, the focus will be on actions by Signature Bank and crypto exchange Binance, the report said.Publish at: March 09, 2023 at 11:11AM
Nansen Rolls Out Query Product Offering Historical Data to Curate Datasets
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The new product aims to help firms perform faster on-chain data analyses using unique data from Nansen’s expansive database.Publish at: March 09, 2023 at 10:50AM
Kwenta DEX Lures Traders to Capture Bitcoin, Ether Returns Regardless of Direction
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Kwenta, which uses Synthetix’s infrastructure for its perpetual product, has seen trading volumes surge in the past few weeks.Publish at: March 09, 2023 at 10:29AM