Search Results for "collateral pledges"
Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal
Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.
Expobank Sets Precedent in Russia by Issuing the First Crypto-Backed Loan
Russian commercial bank Expobank has set the ball rolling in this nation by issuing a loan secured by crypto tokens, Waves crypto was used as collateral.
Ethereum is Inferior to Bitcoin as Money, What Makes ETH Valuable?
ETH is needed for staking and for securing transactions. However, Selkis believes that ETHE has been triggering a “mirage” of institutional demand of ETH.
Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.
Maker’s Dai Stablecoin Could Reach $2 Billion in Market Cap by the End of 2021—Here’s Why
Messari boldly suggests that after Dai’s market cap surged by 15x this year, due to DeFi, the stablecoin’s market cap could double by the end of next year
DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily
The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.
Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High
The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.
Can MakerDAO Survive the Coronavirus Pandemic?
The coronavirus pandemic and growing macroeconomic uncertainties have seriously dampened the cryptocurrency market, which Bitcoin once dipped below USD 4000. The “Red Sea” has expanded across the market of decentralized finance (DeFi), where the total value locked (USD) for DeFi market dropped from USD 649m to USD 246m.
May 15: The Year of Bitcoin Options?
Happy Friday! BTC up 3% in the past 24 hours, flirting $9,900, teasing the market at the $10K psychological level. In the last few days, I noticed BTC weakness from the start of Asia session followed by buying activity when the U.S. woke up, driven primarily by spot buying (futures curve still relatively flat).
Exclusive: Can Onchain Custodian Fill Fidelity's Gap in Crypto Custody?
While wall street giant Fidelity tapped into the crypto custodian space, can Onchain Custodian survive under the fierce competition? Alexandre Kech, CEO of Onchain Custodian believes that they can fill Fidelity's gap in the crypto custodial market. He also explains how the surging demand in BTC futures and crypto collateral can present huge business opportunities for crypto custodians.
BME Rolls Out Blockchain-Powered Collateral Pledge Certificates
BME, a Spain-based stock market operator, has established a service dubbed BE DLT-Preda that deploys blockchain technology in the digitization of collateral pledge certificates. This, therefore, eradicates the urge for physical documents.
Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets
Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.