Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics

Mar 24, 2020 at 20:38 UTCUpdated Mar 24, 2020 at 20:43 UTCFinancial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. The upswing started with Japan’s Nikkei 225, which closed its trading day at 5:00 UTC up 7 percent. European stocks were bullish as well, with the FTSE 100 index…

news With a mission of “bringing distributed finance to everyone,” five open-source blockchain developers have come together to form a distributed finance platform using blockchain technology that allows for decentralized and non-custodial cryptocurrency trading. Established in 2017, founders Fabio Canesin, Fabian Wahle, Ethan Fast, Thomas Saunders, and Luciano Engel built Nash as an integrated financial…

Michael Saylor's MicroStrategy (MSTR) bought 12,333 bitcoin (BTC), for $347 million in cash, between April 29 and June 27, the company said on Wednesday.With the most recent purchase, MicroStrategy now holds 152,333 bitcoin, worth over $4.6 billion at current prices.The company, which was founded by crypto billionaire Michael Saylor, is one of the largest HODLers…

Sep 24, 2020 at 17:22 UTCUpdated Sep 24, 2020 at 17:31 UTCThree Arrows Capital just completed the single largest issuance of new wrapped bitcoin tokens by any merchant, minting 2,316 WBTC through BitGo Thursday afternoon.The Singapore-based firm’s mint represents nearly 3% of the current wrapped bitcoin supply, just over 81,000 at last check.One week ago,…

Bitcoin rallied past $34,000 this week, and is up 106% so far this year after 2022's grueling grind lower.The latest surge supposedly happened on excitement around a potential spot ETF approval, but are other factors at work?Constrained supply, underinvested market participants and bitcoin's rejuvenated shine as a safe haven from troubled traditional markets and geopolitical

Huo Xuewen, chief of Beijing’s Municipal Bureau of Finance, has warned projects against holding security token offerings (STOs). At a recent wealth management forum hosted by the bureau on Saturday, Huo said that STO fund-raising activities are “illegal,” at least in Beijing. “I will issue a risk warning to those who promote and issue STO…

news A long-awaited capital infusion for Overstock and its tZERO security token platform has been delayed again – and significantly downsized. GSR Capital, a Hong Kong-based private equity firm, was supposed to close the $404 million investment on Feb. 28. But on Friday, Overstock said the deal had not closed, and the parties are now in talks…

A spokesperson for Huobi is denying reports that several executives were arrested in China as outflow from the exchange picks up. Over the weekend, financial media in Hong Kong reported that several executives at Huobi had been taken away by police in China.According to data from Nansen.ai, Huobi’s stablecoin exchange balances have dipped by 33%…

Blockchain developers are pushing toward a new era – where you won't even notice the blockchain. Router Protocol, a project built using Cosmos blockchain technology, said Tuesday that it launched the main network of a new blockchain designed for "chain abstraction" – a concept embraced by many protocols with the aim of making the user