Tag Archives: CoinDesk

GXChain Takes Global Strides at CoinDesk Consensus 2019

The fifth annual Consensus, the preeminent cryptocurrency, and blockchain conference powered by CoinDesk was held at New York Times Square from May 13th to May 15th, 2019. The themes of this year’s conference were business, market, and technology. Since 2015, Consensus has attracted all of the major players and investors in the cryptocurrency and blockchain world to gather and discuss the future of the industry. The conference is not limited
to blockchain titans, however, as it also draws participants from the financial sector. Consensus 2019 attracted thousands of global talents, including blockchain industry leaders, Wall Street giants, Fortune 500 executives, along with partners and sponsors such as Deloitte, IBM, Microsoft, Ledger, eBay, Santander and CME Group. Continue reading GXChain Takes Global Strides at CoinDesk Consensus 2019

Bitcoin Shows Weakness Above $10K

Having found weak hands above the $10,200 mark in Asian hours, bitcoin has slipped back into four figures. The cryptocurrency rose above $10,000 at 17:29 UTC yesterday, but ran into offers at $10,218 and dropped to $9,865.29 at 21:59 UTC. Another attempt to score gains above the $10,000 mark ran out of steam at a high of $10,293.44 at 02:14 UTC. As of writing, CoinDesk’s Bitcoin Price Index (BPI) is seen at $9,960. Despite the pullback from a 16-day high of $10,293.44, the cryptocurrency is still up 1.56 percent on a 24-hour basis, according to data source CoinMarketCap. On Bifinex (the biggest exchange by volume), trading volumes surged as BTC rose above $10,000 yesterday. However, as seen in the chart below, the volumes have dropped in the subsequent hours, explaining the failure to post solid gains above $10,000.

Reference: https://www.coindesk.com/pullback-on-the-cards-bitcoin-finds-weak-hands-above-10k/