Category: Finance
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Bitcoin Options Traders Bet the Price of BTC Can Touch $36K by December
This past weekend, data shows the most active bitcoin options contracts were calls for $28k, $32k, and $36k by the year’s end. This means a number of options traders are betting the price of bitcoin will exceed the all-time high (ATH) the decentralized currency touched in December 2017. On September 14, researchers from the data…
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How on-chain KYC can breathe new life into enterprise blockchain
Widespread crypto adoption by enterprises has the potential to become a self-perpetuating mechanism for public blockchains, creating bigger, stronger networks.
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Digital Assets Data CEO says mainstream finance still doesn’t trust Bitcoin
Bitcoin still has ground to make up in the mainstream world.
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Crypto Borrowing: Here Are Seven of the Best Interest Rates on the Market
Cryptocurrency is sizing up traditional finance on its legacy turf of lending and borrowing with competitive interest rates (currently as low as 0.44% for ethereum and 4.50% per year for bitcoin) as well as less cumbersome verification procedures. Crypto holders present their virtual assets as collateral to get loans paid out in fiat or stablecoin.…
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UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies. Ziglu founder and chief executive officer Mark Hipperson said the EMI license allows the…
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Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags
In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million Americans face the risk of eviction, the 16th Chair of the Federal Reserve, Jerome…
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New DeFi alliance to connect Eastern and Western DeFi markets
The Chinese government is supporting a new global DeFi association.
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Money Market Protocol Aave Settles $300 Million in Defi Flash Loans
This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time soon. In just a short…
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Three of Australia’s “big four” banks bring bank guarantees on blockchain
Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.
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Binance lists WBTC amid the ongoing DeFi craze
Demand for Wrapped Bitcoin is increasing along with the DeFi rally.