A record high for the largest stablecoin comes as Bitcoin cools around its own highest-ever levels. Tether (USDT), the largest cryptocurrency stablecoin, has passed a $20 billion market cap for the first time. According to data confirmed by the company on Dec. 18, Tether is now a $20 billion asset and the fourth-largest cryptocurrency by […]
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Bitcoin’s surge to $23,800 triggered strong rallies in large-cap altcoins like Litecoin and Dogecoin. Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin’s price action and historical data shows the two tend to move in tandem […]
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Bitcoin DeFi, Bitcoin on Ethereum: We explore the ways DeFi and Bitcoin intersect. Finance Redefined is Cointelegraph’s DeFi-centric newsletter, delivered to subscribers every Wednesday. Today the crypto world is celebrating Bitcoin’s new all-time high. We did it guys! We’re back to $20,000 after three grueling years. So for this reason, this will be a bit […]
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“Secret Tokens combine the programmability of ERC-20s with the privacy of coins like Zcash or Monero.” An open-source blockchain protocol called the Secret Network is now offering privacy features for the Ethereum blockchain and 14 ERC-20 tokens. According to a Secret Network blog post, the protocol launched its Secret Ethereum Bridge on the mainnet today, […]
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The protocol features leveraged trading, lending and borrowing and an in-house decentralized exchange. Sovryn, a decentralized finance platform operating on the RSK Bitcoin sidechain, announced on Tuesday its public launch. Users can now access a full suite for trading Bitcoin (BTC) in a trustless, noncustodial environment, benefiting from powerful leverage and yield opportunities. The platform presents a […]
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The exchange is hosted on a layer two platform and uses Dai for margin. Leverj, a non-custodial derivatives platform based on an Ethereum sidechain, announced on Tuesday their cooperation with leading industry participants to support the launch and marketing of its exchange. The exchange offers perpetual swaps for Bitcoin (BTC) and Ether (ETH), accepting both […]
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The Bitcoin 4-hour price chart is seeing a bullish divergence and a TD9 buy as hopes for a relief rally rise. The price of Bitcoin (BTC) has rebounded strongly from sub-$17,600 to $18,400 in the past 24 hours. Now, two major technical indicators are signaling the likelihood for a larger relief rally. The 4-hour price […]
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The New York Attorney General’s Office has reported that Ifinex is cooperating in producing documents regarding Bitfinex and Tether’s business relations from April 2019. The Office of the New York Attorney General, or OAG, has requested a deadline extension for iFinex Inc — the parent company of both crypto exchange Bitfinex and stablecoin issuer Tether […]
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The crypto world does not have a major euro-pegged stablecoin yet. A number of popular U.S. dollar-pegged stablecoins exist on the crypto market. Stablecoins based on the euro also exist, but are notably less liquid, according to Zahreddine Touag, co-founder and head of trading at Paris-based market making firm Woorton. “There’s not any euro stablecoin […]
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The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk. Germany’s Bankhaus von der Heydt, or BVDH, has launched a Euro stablecoin on the Stellar network. The bank claims the token is the first of its kind to be issued by […]
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