The on-chain activity for market-leading stablecoins Tether, DAI and USDC exploded as Bitcoin breached the $11,000 plateau. The on-chain activity for the three of the biggest stablecoins exploded as Bitcoin (BTC) was breaking the $11,000 price barrier. 7-day average transfer volume for USDT, DAI, USDC & BTC Price. Source: Glassnode. Stablecoin growth Several stablecoins, including […]
Continue Reading
Bybit exchange’s CEO believes maturity of the crypto derivatives market plays an important role in attracting more institutional investors. In a Cointelegraph China Great Bay Area International Blockchain Week pre-event interview on July 29, Ben Zhou, CEO of derivative exchange Bybit, argued that the maturity of the derivatives market is the main reason for institutions […]
Continue Reading
Billionaire investor and Gemini founder Cameron Winklevoss says the next Bitcoin bull run will be “dramatically different.” Cameron Winklevoss, the billionaire founder of cryptocurrency exchange Gemini, believes the next Bitcoin (BTC) bull run will be much different. When compared to previous bull markets, Winklevoss noted that there is substantially more capital, infrastructure, and better projects. […]
Continue Reading
The Philippine central bank has confirmed in a virtual briefing that it has formed a committee to look into issuing a digital currency. The Philippines has become the latest country to look at the possibility of releasing its own central bank digital currency, or CBDC. According to a report by Bloomberg, July 29, the Philippine […]
Continue Reading
Creating global standards for tokenized carbon markets will provide more clarity, but data challenges need to be addressed. Climate change is one of the greatest problems facing society today. Therefore, it shouldn’t come as a surprise to see large corporations stepping in to mitigate their environmental impact. For example, Amazon plans to be carbon neutral […]
Continue Reading
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption. South Korea’s Buyeo County, located in the rural province of South Chungcheong, has been witnessing strong interest in a local blockchain-powered stablecoin since its creation in early 2019. According to a report published by Donga, most […]
Continue Reading
The governments of China and the U.S. frame digital currency as part of their great-power competition, but instead they should work on this technology together. Today, the relationship between China and the United States is one of escalating competition. On Oct. 23, 2019, Facebook CEO Mark Zuckerberg testified before the U.S. House Financial Services Committee […]
Continue Reading
Registered by Swiss crypto investment manager FiCAS, the new Bitcoin Capital Active ETP trades crypto without direct investor involvement. Swiss SIX Exchange, one of the world’s largest stock exchanges, is listing a new cryptocurrency exchange-traded product, or ETP. Dubbed the “Bitcoin Capital Active ETP,” the new trading product represents an actively managed crypto ETP, trading […]
Continue Reading
Bitcoin has made a decisive move above $10,500, which is likely to boost sentiment and pull several altcoins higher. Gold made a new lifetime high today, eclipsing the previous high made in 2011. This is possibly the result of investors buying the asset as a way to hedge against the possible debasing of fiat currencies […]
Continue Reading
Blockchain-based solutions designed to create a global instant settlement network have been attracting institutional traders. With low barriers for entering, competition for digital asset exchanges is intense, with an estimated more than 10,000 exchanges now operating worldwide. This competition reduces margins for all of them and also lowers deposit and withdrawal thresholds. Add in a […]
Continue Reading