Bitcoin open interest jumps $1.3B following Fed's 'dovish' minutes
Bitcoin Open Interest has jumped by over a billion following the United States Federal Reserve ‘dovish’ minutes on Aug. 21.
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Traders see ETH’s $3.2K pullback as a ‘buy’ while ETFs build steam
Analysts believe Ether will see “tremendous” price action once their spot ETFs build momentum, similar to Bitcoin after the launch of spot Bitcoin ETFs.
Ondo’s USDY yield coin expands to Arbitrum
Tokenized treasury products are gaining widespread adoption on blockchain networks.
Blockchain Pilot Makes Waves in Russia’s Energy Sector
Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is looking to automate and make transactions between energy producers, suppliers and consumers more transparent.Now that the first stage has…
Algorithmic stablecoin project Neutrino launches staking for its governance token
The Waves-backed project will share a portion of protocol fees with NSBT holders. 1544 Total views 11 Total shares The Neutrino Protocol, a project building algorithmic cross-platform stablecoins, announced Tuesday the launch of staking rewards for its governance and utility token, the Neutrino System Base Token (NSBT).Neutrino uses an innovative mix of collateral backing and…
India’s Former Finance Secretary Spars With Industry Experts on Crypto Ban
During a webinar on July 17, the former Finance Secretary of India, Subhash Chandra Garg, discussed cryptocurrencies with Indian industry leaders including Nischal Shetty, the CEO of Indian crypto exchange WazirX, and Siddharth Sogani, the founder of blockchain research company Crebaco.In 2019, Garg along with his secretariat drafted a bill that proposed a ban on…
US CFTC Chairman: DLT Can Help Regulators Better Oversee Markets
The U.S. Commodity Futures Trading Commission (CFTC) Chairman Christopher Giancarlo said in a speech Nov. 7, that technological advances, including Distributed Ledger Technology (DLT), could help regulators better oversee trading markets.Giancarlo delivered his speech titled “Quantitative Regulation: Effective Market Regulation in a Digital Era” at the FinTech Week conference at Georgetown University Law School. The…
Stablecoin market cap hits new all-time high amid 11 months of growth
The stablecoin market cap, excluding algorithmic stablecoins, has reached $168 billion, its highest point in history.
Bitcoin’s Active Supply Hits 19 Month Low — Is It Bullish or Bearish?
Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run. Bitcoin’s (BTC) active supply has hit a 19-month low of just over one million Bitcoin. This could signal a potential strong price increase if it plays out in line with the findings of a report from asset manager Stack…