Cryptocurrency Market to See More Upside Following Bank Problems: Bernstein

Crypto arbitrage is a type of trading strategy where investors capitalize on slight price discrepancies of a digital asset across multiple markets or exchanges. In its simplest form, crypto arbitrage trading is the process of buying a digital asset on one exchange and selling it (just about) simultaneously on another where the price is higher.Doing…

Gyroscope's GYD novel stablecoin went live on the Ethereum mainnet after testing on Polygon.Venture capital firms Galaxy, Placeholder and Maven 11 invested in the project.Gyroscope's "all-weather" stablecoin gyro dollar (GYD), which aims to keep crypto investors shielded from stablecoin failures, went live Thursday on the Ethereum (ETH) mainnet, the developer team told CoinDesk."GYD is a

news Two bitcoin over-the-counter (OTC) market makers in China have been accused of illegally collecting bitcoin now worth $56 million from more than 100 OTC traders as part of a loan scheme. According to a report from state-owned newspaper BJNews on Wednesday, a group of 20 OTC traders in China filed a complaint to police…

news DX.Exchange, an Estonia-based platform that soft-launched in January, has opened its market to secondary trading of security tokens.  Announced today, the exchange now allows companies to list their security tokens previously issued on other platforms. Institutional investors in Europe can purchase the tokens on the exchange for fiat, bitcoin, ether, tether and XRP. However, to start…

Decentralized governance project Aragon banished at least half a dozen community members from its town square this week as a discussion of the project’s finances turned sour and tipped into conspiracy.“Coordinated” actors flooded Aragon’s Discord server with “probing questions” and “inappropriate language” on Tuesday, Aragon’s head of communications, Jessica Smith, told CoinDesk in an email.…

May 5, 2020 at 14:26 UTCUpdated May 5, 2020 at 14:36 UTCThe Bank of England (Credit: Wikimedia Commons) 4 Ways COVID-19 Will Bring Banks and Regulators to CryptoAjit Tripathi, a CoinDesk columnist, is an executive director at Binance and the crypto co-host of the Breaking Banks Europe podcast. Previously, he served as a Fintech Partner…

Eighty-seven-year-old Canadian actor and producer William Shatner has just made some mysterious tweets supporting ethereum creator Vitalik Buterin. Shatner, a popular figure for his role in the Star Trek TV series, first tweeted a "thumbs up" to Buterin on Wednesday, which was quick to turn into a discussion thread. In a reply to Shatner's tweet, one…

Institutional allocations to meme coins have surged over 300% this year, touching a high of almost $300 million in April.The influx highlights professional investors' growing interest in the sector, according to Bybit.Dogecoin and shiba inu were favored for their liquidity, with BONK the most popular new meme coin.Institutional allocations to meme coins have climbed more

Financial services provider Fidelity Investments is launching a cryptocurrency trading and storage platform. Fidelity Digital Asset Services, LLC will provide cryptocurrency custody and trading services for enterprise clients, the company announced Monday. Tom Jessup, who is heading up the new division, announced the platform at Bloomberg's Institutional Crypto event. It hopes to draw institutional investors, including…