The price of gold and Tether’s XAUT rallied to more than $1,900 today, a value not seen since September 2011. The Tether Gold stablecoin was valued at $1,902 on July 24, putting the price of gold within reach of the commodity’s all-time high set in September 2011. Gold has risen 22.7% from $1,550 to $1,902 […]
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Discussing the reasons for why we need a blockchain estate registry and the constraints of the technology. Since 2015, the blockchain industry has generated a variety of economic concepts and supported them with relevant technologies: initial coin offerings, initial exchange offerings, security token offerings, data access object, permissioned ledgers, stablecoins, decentralized finance, etc. In a […]
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The popularity of DApps, DeFi tokens and their increasing market share of the Ethereum ecosystem as a result of platform’s evolution? Ethereum’s dominance as the preeminent smart contract blockchain platform has been boosted by the popularity of decentralized finance and decentralized applications tokens in 2020, with ERC-20 tokens now accounting for nearly half of the […]
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The price of Bitcoin is showing strength as it broke through a key level this week and putting $10,000 within reach once again. The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for […]
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New York’s State attorney general has wide latitude to investigate a foreign entity like iFinex, said a NY appeals court. A New York State appeals court affirmed on July 9 that the state attorney general’s fraud investigation into iFinex et al. — i.e., iFinex, Bitfinex and Tether Holdings — could continue. Whether that probe will […]
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Multiple indicators are signalling that professional traders are bullish on Bitcoin derivatives, suggesting that the $10,000 level could soon be tested. There are few indicators capable of accurately detecting professional traders’ sentiment on Bitcoin (BTC). To ascertain whether or not market participants are positioned in a bullish or bearish manner, analysts usually rely on technical […]
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Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury. The Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions. As officially announced on July 23, the Ministry has signed […]
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Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services. The price of Bitcoin (BTC) is up 5% in the past 24 hours and currently trades at $9,600 after reaching a daily high at $9,664. The overnight increase in […]
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The World Stablecoin Association aims to unite major global stablecoin projects like Tether and USDC. Amid the massive growth of stablecoins in 2020, the cryptocurrency community is setting up an international stablecoin organization in Switzerland. Called the World Stablecoin Association, or WSA, the Geneva-headquartered organization is to be launched by cryptocurrency exchange VirgoX and blockchain […]
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Tether has reached $10 billion in market capitalization as growth in 2020 picked up. Tether (USDT) has reached a market capitalization of more than $10 billion as of July 22. The milestone was announced by Tether and also seen through the market price aggregator CoinGecko. Tether’s issuance has seen a significant growth in 2020, doubling […]
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