Record WBTC Mint Completed by Three Arrows Capital as Demand for Bitcoin on Ethereum Continues to Grow

Bitcoin's (BTC) "taker buy-sell ratio" recently surged on several crypto exchanges, signaling a renewed bullish sentiment around $29,000.The ratio surged to 1.36 on Aug. 1 on ByBit, reaching the highest in at least a year, according to data tracked by South Korea-based blockchain analytics firm CryptoQuant. Values above 1 indicate that takers' buy volume is…

Corporations find blockchain technology challenging to use. But it's much too early to write off enterprise applications wholesale. (Moe Na/CoinDesk)Feb 5, 2021 at 5:38 p.m. UTCMoney Reimagined: Enterprise Blockchain Isn’t DeadWelcome to Money Reimagined.A snowy week has left New Yorkers chilly. But ether investors must be feeling cosy. Ethereum’s native token has risen more than…

Sep 15, 2020 at 16:15 UTCUpdated Sep 15, 2020 at 16:44 UTCDapper Labs CEO Roham Gharegozlou (Collision Conf/Flickr Creative Commons)Gamemaker Dapper Labs is using Circle’s dollar-backed stablecoin, USDC, as a global settlement solution for its non-fungible tokens (NFTs). The firms announced Tuesday the move allowed Dapper Labs to add fiat payment options to its website…

The bitcoin (BTC) mining industry is at a crucible moment, as the approval of a spot BTC exchange-traded-fund (ETF) could catalyze a rally against a backdrop of record hashrates and the impending block reward halving that threaten the industry's revenues and profitability, JPMorgan (JPM) said in a research report Wednesday.The bank favors mining operators that

May 12, 2020 at 19:01 UTCCredit: CoinDesk archivesThe value of assets for all stablecoins surpassed $10 billion Tuesday, having surged by over 70% in just two months, according to Coin Metrics. Stablecoin supply growth comes as more cryptocurrency traders choose to trade alternative cryptocurrencies (or altcoins) using dollar-backed digital tokens instead of bitcoin.Most of the…

Jun 11, 2020 at 09:00 UTCWhither the standalone crypto custodian? (Credit: British Library on Unsplash)Custody Battle Pits Institutional Boomers Against Crypto UpstartsCrypto custodians are in a race to build the next State Street or BNY Mellon.  There are only a handful of these types of large custody banks and most of them have been around…

Rapper Iggy Azalea's MOTHER token hit another all-time high on Thursday, extending the gains for Solana's latest hot meme coin and inviting criticism of the highly risky, sometimes infamous subsector of celebrity cryptocurrencies.Just over a week after launch, the MOTHER token has reached a market cap of $200 million, minting millionaires among some iron-handed gamblers

The International Organization of Securities Commissions (IOSCO) opened up its policy recommendations for crypto and digital asset markets for public comment on Tuesday.The 18 policy recommendations cover a range of issues such as market abuse, conflict of interest, client asset protection, disclosures and risks associated with crypto.Last year, the international policy forum that groups securities…

news Brave’s promise to compensate you for viewing online ads is finally coming to fruition. In a departure from typical display ads embedded on websites, the privacy-minded web browser is debuting small notifications that aren’t wedded to particular sites. The notifications, visually akin to those of the Slack desktop app, feature promotional offers from different brands.…