May 2020

Thesis shut down tBTC after two days on due to a bug, and plans to release details once all users have withdrawn their funds.

FalconX brought in an equivalent to Facebook’s 2005 Series A while Grin flounders and a16z asks if crypto’s on the cusp of a boom period.

From debt to inequality, the U.S. economy looks like a 1930s disaster waiting to happen. No wonder gold-bugs and Bitcoiners are feeling vindicated.

BTC can’t seem to break $10K while JK Rowling gets an earful. It’s CoinDesk’s Markets Daily Podcast.

Wealth and age determine when and how 250 million Americans get their stimulus payments, says our columnist J.P. Koning.

a16z says high quality projects in the past cycle (some being startups in its own portfolio) will drive growth in the next.

The Pound Sterling remained close to a 2-month trough versus both the greenback and the Euro during London trade on Monday.

Bakkt has onboarded 70 clients to its custody services, and signed a deal with insurance broker Marsh to provide customers with an optional extra $500 million of coverage.

Bitcoin’s recent price rally and industry optimism contrast with the downbeat tone in the U.S. stock market. Even Visa’s CEO says digital currencies could be “additive to the payments ecosystem.”

Bitcoin’s upward move looks to have stalled amid gold’s rally to 7.5-year highs. But analysts think it’s only a matter of time before bitcoin begins drawing stronger haven demand.