A former Chinese official says the development of a digital currency will lay the foundation for the birth of digital stocks. Xiao Gang, the former chair of the China Securities Regulatory Commission, says in his latest book on China capital market reforms that the development of a central bank digital currency (CBDC) will pave the […]
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Chainlink price continues to surge to new highs but is it reaching bubble territory? On July 13 Chainlink (LINK) rallied more than 34% to reach a new all-time high at $8.48. Since then the price corrected back to the $7 range but at the time of writing the altcoin is making a renewed attempt at […]
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Today Chainlink overtook Litecoin and Binance Coin as the 8th biggest cryptocurrency by market capitalization. Today Chainlink (LINK) surpassed Binance Coin (BNB) and Litecoin (LTC) in market capitalization. Data from CoinMarketCap shows LINK’s market cap surged to $2.86 billion as the price rallied 9% to $8.17. This brought the market cap above BNB and LTC […]
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Faculty at the Rotterdam School of Management argue that STOs are better for financing startups than ICOs. Thomas Lambert, Daniel Liebau, and Peter Roosenboom from the Rotterdam School of Management suggest that Security Token Offerings are better at financing start-ups than Initial Coin Offerings. Their research was published on July 14 via the University of […]
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Hao believes that DeFi can bring financial services to “the people who are currently excluded or underserved by traditional finance.” Decentralized finance (DeFi) will be part of the lives of many people in the future, according to Jay Hao, the CEO of crypto exchange OKEx. When answering Cointelegraph’s recent inquiry concerning the listing of Compound […]
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A newly launched DeFi platform promises to always find the best yield for its users by taking advantage of variable interest rates and reward schemes. A new decentralized finance platform is set to ride the yield farming wave by automating the process of finding the most efficient opportunities for its users. The platform, Rari Capital, […]
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The Islamic world seems primed for widespread digital asset adoption, as well-respected scholars claim that crypto trading is fully compatible with Sharia law. Even though in most western countries today, matters related to religion and money have been independent of one another. However, in Islam, especially those following the Shariah code of ethics, the two […]
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Exchange balances for ETH and BTC move in opposite directions in a new insight into investor sentiment. Ether (ETH) is trading at its highest since before the March coronavirus crash, but data suggests that investors have little interest in holding the second-largest cryptocurrency by market capitalization. Uploading findings using on-chain monitoring resource Glassnode on July […]
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Five years following the launch of ETH in 2015, and the future of the blockchain may lay in DeFi and USDT, according to industry experts. Industry experts say Tether and Decentralized Finance tokens will play large roles in the future of Ethereum as the blockchain approaches its five-year anniversary on July 30. In a statement […]
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Best-selling author Robert Kiyosaki says he still invests in gold, silver, and Bitcoin because he doesn’t trust the US government. Robert Kiyosaki, author of “Rich Dad Poor Dad,” says that investments in real estate and gold may not be the future of finance as cryptocurrency comes into focus. In a July 8 interview with Bitcoin […]
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