Ampleforth introduces ‘low-volatility’ alternative to fiat stablecoins
Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.
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BlackRock and Citadel back new Texas national stock exchange
The Texas Stock Exchange (TXSE) reportedly secured around $120 million in funding and is prioritizing ETF listings, as well as aiming to offer a more competitive alternative to the two major US stock exchanges.
Patrick Ngan Teases Asia’s First Unified Crypto–Fiat Payment System
Speaking on stage at BlockShow 2019 in Singapore today, Alchemy Global Payment Solutions co-founder Patrick Ngan discussed some details of how his company is making it easier to pay for everyday goods and services with cryptocurrency.Ngan emphasized the power of choice to make consumers and merchants happier. Calling his company “the first unified crypto-fiat payment…
Record $39.4B Bitcoin open interest suggests imminent price breakout
Open interest is often used to gauge the interest and liquidity behind an asset. In Bitcoin’s case, the surge in open interest could signal an imminent breakout.
Liquid Cancels Sale of Telegram’s Gram Tokens, Returns Funds to Investors
Liquid Exchange has canceled the sale of Telegram Open Network’s (TON) Gram tokens, according to a Jan. 10 company post. The exchange returned the funds of all investors who participated in the unofficial sale.The exchange reportedly canceled the sale due to the delay in the launch of TON’s mainnet. At the time of the sale…
Brave Tokens Available for Trading on Gemini Starting April 24
Brave, the open-source pay-to-surf browser, will soon have more options for trading its signature token.In April 6 blog post on the Gemini website, the platform announced they would soon support trading for Brave’s Basic Attention Token (BAT). Users will be able to deposit BAT into their Gemini accounts starting on April 24th at 9:30 AM…
Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection
Institutional cryptocurrency prime dealer SFOX has partnered with a New York bank to offer state-insured bank accounts for traders, the company confirmed in a blog post on May 14.SFOX, which says the move is an industry first, stated the deal with M.Y. Safra Bank primarily targeted institutional investors and funds.The company has been active in…
Team Behind Foin Token Scheme Explains Catastrophic Price Drop
The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump.Cointelegraph reported in an investigation on Dec. 30, 2019 that we had found a trail of suspicious movements in…
Bitcoin mining stocks outperform BTC in 2023, but on-chain data points to a potential stall
Bitcoin mining companies outperformed BTC price by a huge margin amid the recent bullish price action in the top cryptocurrency.The average year-to-date gains in 2023 across the stocks of top nine public Bitcoin mining firms by market capitalization stood at 257.14%. The figure is almost three times higher than BTC’s gain in the same period.The…