May 2020

Market updates for May 12: Stocks fall; greenback rises, gold and oil consolidate

Oil futures edged higher on Tuesday afternoon in Asia after Saudi Arabia made an unexpected announcement that it would deepen production cuts in June

Chainlink may be solving part of the problem that first drove Ethereum co-founder Vitalik Buterin’s interest in decentralized applications.

“I envision a world where a Kevin Hart token can trade for a Lebron James token can trade for a Serena Williams token,” Spencer Dinwiddie said.

Get all the news from the first day of Consensus: Distributed, including the latest on Bitcoin’s third halving. (And, who had the best Zoom backgrounds?)

Hut 8’s Q1 2020 earnings fell, pulled lower by falling revenue, decreased EBITDA and increased collateral requirements.

With the highly anticipated bitcoin halving reducing new mining supply, what are crypto traders thinking about upcoming market behavior?

Bitcoin’s third halving, a once-every-four-years occurrence and the most anticipated event this year in the cryptocurrency industry, has finally happened.

The story behind the soundbite: why one of the world’s most famous investors is betting on bitcoin as a hedge against a new inflation era.

During Consensus: Distributed, CoinDesk is raising money for COVID-19 relief using an innovative method called quadratic funding.