Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say

Coinbase (COIN) rose almost 10% Tuesday after the crypto exchange was listed as a “surveillance partner” for several spot bitcoin ETFs, and rising options trading volumes and open interest indicate bullish sentiment may stay with the stock in the coming months.The firm was already named as a partner for BlackRock’s proposed bitcoin ETF – underpinning…

Sep 3, 2020 at 08:47 UTCUpdated Sep 3, 2020 at 08:49 UTC(A. Aleksandravicius/Shutterstock)Revolut has opened up its cryptocurrency services to Australian residents for the first time. According to a press statement received by CoinDesk on Thursday, Australian customers of the digital banking firm can now buy and sell up to six different digital assets and…

news Blockchain startups may be slowly recovering from the 2018 slump. Boston-based Nebulous, makers of the Sia network for decentralized data storage, recently closed a $3.5 million pre–Series A round led by Bain Capital Ventures, along with participants like Bessemer Venture Partners and Dragonfly Capital Partners. Salil Deshpande of Bain Capital told CoinDesk that distributed,…

news The BRICS association of major emerging economies has discussed developing a digital currency to ease trade in the bloc and reduce its reliance on U.S. dollars in settlement. The possibility was raised by the BRICS business council at a meeting in Brazil amid talks on the development of a new payments system between its…

On the Overstock-owned platform, TokenSoft customers will be able issue security tokens that retail and accredited investors can trade.Mason Borda(StartEngine)Feb 4, 2021 at 9:56 p.m. UTCTokenSoft to Trade Digital Securities on tZERO’s Retail MarketFirms that issue digital securities through TokenSoft can now trade them on tZERO’s alternative trading system (ATS). Digital securities are often shares…

Solana's SOL, Ether and other major tokens jumped as much as 7%. BKA received over $200 million from Kraken, Coinbase and Bitstamp. Bitcoin (BTC) led a crypto market recovery early Tuesday as a German government entity received over $200 million worth of the asset back from various exchanges in late U.S. hours, helping revive sentiment.

Blockchain network Elastos is introducing BeL2, a Bitcoin layer-2 network, in a move that could capture billions of dollars in bitcoin (BTC) volumes from staking tools offered on the new platform.BeL2 will allow more sophisticated bitcoin transactions than the base Bitcoin blockchain, including smart contracts and irreversible digital agreements, Elastos developers told CoinDesk. The smart

Mar 17, 2020 at 17:05 UTCUpdated Mar 17, 2020 at 17:06 UTCHODL can also stand for "hold on for dear life" (via Shutterstock).Bitcoin’s (BTC) price volatility has surged to record highs but the long-term investors popularly known as “HODLers” don't seem to be deterred. The cryptocurrency’s three-month implied volatility rose to a lifetime high of 6.8…

feature The Takeaway: Asian institutional investors, mostly high-net-worth individuals and family offices, are increasingly showing interest in digital assets, with some having allocated part of their portfolios to crypto hedge funds. The gloomy macroeconomic outlook and the news of Facebook’s Libra and China’s central bank digital currency have fueled this interest, market participants say. Crypto…