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U.S. Dollar Coin, or USDC, is an Ethereum-based stablecoin launched in September, 2018. Its policies, including its technical and financial standards, are managed by a consortium called CENTRE, started by peer-to-peer payment company Circle and crypto exchange Coinbase. USDC represents fiat, or government money, on the blockchain. It is redeemable
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Crypto exchange volumes could continue falling should volatility remain at these low levels, said CryptoCompare CEO Charles Hayter. Source
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It’s effectively July 2017 in the world of decentralized finance (DeFi), and as in the heady days of the initial coin offering (ICO) boom, the numbers are only trending up.According to DeFi Pulse, there is $1.9 billion in crypto assets locked in DeFi right now. According to the CoinDesk ICO
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Decentralized exchanges (DEXs) are seeing more action than ever thanks to a surge in decentralized finance (DeFi) activity. The chief benefit of DEXs compared to the Coinbases of the world? They allow users to hold their crypto until they make a trade, without trusting anyone besides the counterparty of each sale. “Most
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India, the beautiful country, popularly addressed by the term “unity in diversity”, started stepping towards digitalization. Cryptocurrencies got banned in its initial state by many countries and India is one among them. Fortunately, in March, 2020, Supreme court of India, lifted the ban on Cryptocurrencies and opened the doors widely
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Reading Time: 2 minutes by Ash T on June 19, 2020 Bitcoin A new report by blockchain analysis firm Chainalysis posits that only about 19% of all mined Bitcoin (BTC) – approximately 3.5 million BTC – moves frequently between crypto exchanges that is used for trading. Bitcoin Investors Eyeing Long-Term Gains Blockchain analysis company Chainalysis
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In 1996, there were over 8,000 public companies listed on exchanges in the United States. Fast forward to 2020 and there are only approximately 4,400 — a drop of 46% despite the fact that the S&P 500 quadrupled in value. Conventional wisdom would lead readers to think they are looking
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As the weekly open commenced Bitcoin price dropped below $9,000 in a rapid pullback, liquidating $30 million in longs on BitMEX alone. According to market data, part of the sell off was the movement of crypto whales closing positions which led to panic selling among retail investors.Whales—individual investors that hold
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A new website seeking to compile an active list of every cryptocurrency exchange that welcomes traders in some capacity without forcing them to hand over personal information through know-your-customer, or KYC, verification.Kycnot.me is only concerned with exchanges that support Bitcoin (BTC) or Monero (XMR), asserting that BTC is the largest
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Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the subsequent development and launch of numerous other cryptocurrencies have changed the way people look at transacting across
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