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Coindesk

All articles tagged with #coindesk

cryptocurrency-market-update1 year ago

Bitcoin's Price Volatility Amid Middle East Tensions

Bitcoin's price dipped below $62,500 as CoinDesk's BTC Trend Indicator turned neutral, signaling a weakening of upside momentum, while Ether's trend indicator also hit neutral. Despite the downturn, trading volumes remained robust, with BTC Spot ETFs recording a weekly trading volume of approximately $16.2 billion. Additionally, the prices of luxury watches continue to decline, with high inventory levels cited as a reason for the continued decline in market prices.

via CoinDesk|
#bitcoin#coindesk#cryptocurrency
cryptocurrency2 years ago

Former NYSE President Acquires CoinDesk, Adding to Barry Silbert's Crypto Empire

Former NYSE president Tom Farley's digital asset exchange, Bullish, has acquired crypto news site CoinDesk from Barry Silbert's Digital Currency Group (DCG). The purchase comes after months of speculation and failed purchase agreements for CoinDesk. The terms of the all-cash deal have not been disclosed. CoinDesk will operate as an independent subsidiary of Bullish, with the existing management team remaining in place. An editorial committee, led by former Wall Street Journal editor-in-chief Matt Murray, will be established to protect the publication's autonomy. This acquisition is seen as another setback for Silbert's crypto empire, which has faced challenges and legal issues in recent months.

via CNBC|
#barry-silbert#bullish#coindesk
cryptocurrency2 years ago

Former NYSE President's Company Acquires CoinDesk in Crypto Exchange Deal

Cryptocurrency exchange Bullish, led by former NYSE President Tom Farley, has acquired CoinDesk in an all-cash deal from Digital Currency Group. CoinDesk will operate as an independent subsidiary of Bullish, with its current management team remaining in place. An editorial committee, chaired by former Wall Street Journal Editor-in-Chief Matt Murray, will also be formed. Financial terms of the deal were not disclosed.

via CoinDesk|
#acquisition#bullish#coindesk
cryptocurrency2 years ago

Cryptocurrency Market Dips Despite Positive Economic Indicators

Bitcoin's price has fallen to its lowest level since March 17, reaching $26,160, a decline of over 12% since May 6. The drop comes as CoinDesk's Bitcoin Trend Indicator turned neutral from bullish for the first time in three weeks. Analysts suggest that low liquidity and worsening market depth on major exchanges, including Binance, have contributed to the decline. The downside move may gather pace if traditional risk assets turn lower, with key support for BTC at $25,200 followed by $23,100.

via CoinDesk|
#bitcoin#bitcoin-trend-indicator#btc
ai-in-media2 years ago

Maximizing Enterprise Success with Generative AI: Best Practices and Life-Changing Applications.

CoinDesk has released guidelines for the use of generative AI tools in its content creation process. While AI can create text, images, and audio content quickly, it lacks the experience, judgment, and capabilities of a trained journalist. CoinDesk will allow generative text to be used in some articles subject to strict rules, including plagiarism checks, fact-checking, and editing with a human touch. The use of generative images is discontinued due to pending litigation, while generative voices may be used with disclosure. AI-generated social copy and headlines are allowed, and AI-generated story ideas may be vetted and researched by reporters or editors.

via CoinDesk|
#ai#ai-in-media#coindesk