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Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins Hit $20 Billion by Market Cap Milestone, More Investors Favouring Tether as Hedge

Stablecoins have made incredible crypto gains, achieving a milestone of $20 billion per market capitalization in September.

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank to Develop Blockchain-Based Trade Finance Platform for the Greater Bay Area

China’s Central Bank, the People’s Bank of China (PBoC) announced its development plans for outlining a blockchain-based trade finance platform for the Greater Bay Area that links Hong Kong, Guangdong, and Macao. Governing entities in China, including the PBoC, China Banking Regulatory Commission, China Securities Regulatory Commission, and the Foreign Exchange Bureau came together to issue the official document for the proposal. The entities submitted their suggestions on financing the construction of the Guangdong-Hong Kong-Macao Greater Bay Area, focusing on global trade and finance.

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

While many institutions struggled to recover from the market downturn experienced in March, publicly-traded, blockchain-focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285 percent in Q2 2020, through well-timed investments in both bitcoin (BTC) and ether (ETH), and crossed the $1 million mark for cryptocurrency assets under management (AUM).

Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

Bitcoin’s Bullish Rally Comes to an End as Bond Yields Surge and Risk Assets Experience Global Sell-Off

After hitting a high of $58,300 over the weekend, things have turned for the worse as Bitcoin (BTC) has plunged by more than 20% this week.

Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China

Cardano Founder Charles Hoskinson Addresses an Alleged ADA Scam in China

Scammers are capitalizing on the recent success of Cardano’s native altcoin, ADA, and using it for their own personal gain. For the first time in over a year, ADA has moved above $0.10, and has picked up by over 200 percent.

Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?

Greed Caused the Bitcoin Price 20% Plunge, Will BTC Price Rise Again?

The Bitcoin price suffered a massive correction falling from its recent high of $41,500 to an intraday low of $32,829, but what happened and where is BTC headed next?

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.

Theta Token Dips by 20% as Theta Pushes Mainnet 3.0 Launch to June

Theta Token Dips by 20% as Theta Pushes Mainnet 3.0 Launch to June

Theta’s Mainnet 3.0 launch, which was previously anticipated for this April, has been pushed back to June 30, 2021.

Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%

Band Protocol (BAND) and Chainlink (LINK) DeFi Tokens Outperform Bitcoin by Gaining 100%

With the recent boom of the decentralized finance (DeFi) industry, DeFi tokens have undergone more than a 100% gain on the crypto market over the past few weeks, outperforming Bitcoin.

DeFi Protocol to Enable Tokenized Stock Trading of Google, Amazon, and Tesla on Its Platform

DeFi Protocol to Enable Tokenized Stock Trading of Google, Amazon, and Tesla on Its Platform

Injective Protocol has partnered with Terra and Band Protocol to introduce stock trading on its platform.

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.

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