Most Stablecoins are pegged to the US dollar. They close the gap between the advantages of Cryptocurrencies and the more stable fiat currencies. The first and largest of these is Tether (USDT), with a market capitalization of nearly $40 billion. Stability to currency can come in a variety of ways. In early times, Tether was […]
The long-awaited official announcement on the launch of Uniswap version 3 has finally arrived. However, it dashed hopes for vast improvements in transaction costs and speeds. What’s new and why were some user disappointed? Following a teaser posted on March 23, the team behind the world’s most popular decentralized exchange, Uniswap, has finally released details on the specifications of version […]
Central banks are concerned that they may lose the race for digital currencies to a private digital currency like Bitcoin (BTC). But Bitcoin and CBDCs are very different, with the former being of fixed supply while the latter are backed by fiat currencies. A brief comparison of the two. As digital assets grow in popularity, […]
Morgan Stanley becomes the first major U.S. bank to offer its wealthy clients access to Bitcoin funds. The Bitcoin rally over the past year has seemingly put pressure on Wall Street to consider diversification into the emerging asset class. In an internal memo on Wednesday, the investment bank told its financial advisors about this development. […]
2017 feels like it happened a decade ago for most people, but many of people still have vivid memories of it, especially those who invested actively in the past bull run. There have been a lot of comparisons between the ICO bubble and recent DeFi hype, most of them unsubstantiated. The bull run of 2017/18 […]
Since the summer of 2019, crypto company Bitcoin Suisse has been waiting for its Swiss banking license. However, the Swiss Financial Market Supervisory Authority (FINMA) has classified the application as not approvable as things stand today. The company has now withdrawn their application. As early as July 2019, Crypto Valley veteran Bitcoin Suisse submitted an application to […]
The GameStop (GME) debacle garnered a lot of attention. Some people consider the problem to be centralized systems. According to these critics, the shortcomings of today’s financial system could possibly be solved by decentralized Blockchain alternatives. Robinhood’s trading app came under fire after trading restrictions were imposed on its users. As more brokers followed suit, […]
The Oakland Athletics Major League Baseball (MLB) team is now accepting payments of Bitcoin (BTC) for home-game luxury suites. This follows a larger trend of cryptocurrency and NFT adoption in the sports world. The Oakland Athletics (A’s) is selling six-person suites for its 2021 home games at the cost of 1 BTC. This follows a growing trend […]
A summarizing review of what has been happening at the crypto markets of the past week. A look at trending sectors, liquidity, volatility, spreads and more. The weekly report in cooperation with market data provider Kaiko. The last 7 days in the cryptomarkets: Price Movements: Bitcoin crossed $60k, a premium emerged on BTC-Euro markets, and […]
Bitcoin USD daily basis Bitcoin USD Chart Analysis – Another High After Healthy Correction The upward movement set in the previous week consistently continued in the reporting week. On Monday, the Bitcoin price closed at USD 52,394, a level not seen since February 23. The trading action of the previous week led to an effective […]
