May 2020

S&P 500 makes first daily close above 3000 and 200-day average since pandemic; Asian stocks trade mixed as Hong Kong hit; EU lays out €750 billion rescue plan

Across the United States economies are slowly starting to reopen.

When coronavirus shutdowns roiled financial markets, BlockTower Capital more than doubled its cryptocurrency hedge fund’s previously so-so returns.

Electronics giant LG joined the Hedera Hashgraph governing council Wednesday. Its the council’s first home appliance manufacturer and second Asia-based member.

Prominent researcher Elizabeth Renieris said ID2020 was moving too fast to adopt unproven technology, including distributed ledgers, for immunity passes.

Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday.

CoinDesk Confessionals explores the inner psyche of blockchain’s leading professionals. Crypto analyst Mati Greenspan discusses missing Y2K and his biggest anti-hero.

The “Rational Optimist” author gives his take on the economic history and possible futures of prosperity’s most important driver: innovation

Goldman Sachs held an investor call Wednesday to discuss current policies for bitcoin, gold and inflation. The stalwart investment bank is still no fan of bitcoin or other cryptocurrencies.

If stablecoins are used for apparently illegal activity, should issuers step in to stop it? So far, they’ve been reluctant to do so, says our columnist.