Day: July 28, 2020

US Customers to See More Crypto Accessibility

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The cryptocurrency market has come a long way in a seemingly short amount of time. Digital payment platforms have particularly taken note of the crypto market’s impressive growth, which is evident, as many have adopted new features and support for more cryptocurrencies. United States-based customers in particular seem to be reaping the benefits of recent implementations being made by digital payment providers. It’s especially notable that these new features are coming at a time when the Office of the Comptroller of the Currency has granted permission for federally chartered banks…

Mati Greenspan’s Quantum Economics Partners With Major Indian Crypto Media Group CoinGape

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Place/Date: New Delhi, India – July 28th, 2020 at 1:00 pm UTC · 3 min read Contact: Abhinav Agarwal, COO, Source: Quantum Economics Mati Greenspan’s Quantum Economics has partnered with major Indian crypto media group CoinGape to provide quality cryptocurrency analysis. As a result, readers of Coingape will enjoy expert insights into the state of the market from one of the most knowledgeable figures in the industry. The partnership will provide CoinGape readers with quality cryptocurrency analysis, courtesy of Mati Greenspan and the Quantum Economics team. It will supply the…

Traders Can Now Pick Their Options on OKEx With Daily, Two-Day and Monthly Options Launch

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OKEx just became more attractive to options traders as the leading crypto spot and derivatives exchange launched three more expiration dates for its popular offering. In a late announcement last week, the platform added daily, two-day, and monthly options to the list which earlier included weekly, bi-weekly, quarterly, and bi-quarterly options. All options on OKEx follow a specific expiry time which is set at 4:00 PM (UTC +8) with the bi-weekly options generating every Friday, monthly options every third-to-last Friday of the month, and bi-quarterly options on the last Friday…

BAND Price Explodes 31% as Bitcoin Corrects Lower; What’s Next?

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BAND, the native asset of a decentralized oracle of the same name, surged by up to 31 percent on Tuesday. The explosive rally followed a five-day losing streak that saw BAND/USD exchange rate falling from its all-time high at $5.259 to as low as $2.825. It also came as Bitcoin plunged modestly from its year-to-date top following a three-day price rally. An explosive price rally Tuesday pushed the BAND price up by as much as 31 percent. The oracle token established an intraday high at $4.336 as traders sought safety…

FiCAS Launches World’s First Active Bitcoin ETP on Swiss SIX Exchange

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‏Swiss cryptocurrency investment management boutique FiCAS has announced the launch of the actively managed Bitcoin exchange-traded product BTCA that is listed on the SIX Swiss Exchange. As crypto adoption especially Bitcoin goes mainstream globally, market innovators are seeking ways to benefit from the developing industry at a fast pace. According to the ETF stream, Swiss cryptocurrency investment management boutique FiCAS has launched the world’s first actively managed Bitcoin exchange-traded product (ETP). This product is being referred to as Bitcoin Capital Active ETP (BTCA) and it is listed on the SIX…

Mainframe’s Latest Blockchain Protocol Acquisition to Enable DeFi Bond System

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Blockchain firm Mainframe has acquired Sablier, an Ethereum-based protocol for real-time finance. Mainframe plans to integrate Sablier’s money streaming technology into a fixed-rate lending protocol and create tokenized debt markets akin to digital bonds. Crypto loans with lower collateralization Per the announcement, “cryptocurrency loans can create a healthy cycle of speculation, spending and monetary circulation.” Still, borrowers reportedly have low exposure in the current overcollateralized systems: “Crypto-backed loans often require collateralization rations of 150% or higher, and borrowers don’t fully actualize their spending power. With Mainframe’s novel Guarantor Pools providing…

Austrian A1 Telekom Announces Crypto Payments with BTC, ETH, Dash

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A1 recently announced that users of its cashless payment app can now conduct crypto payments which retailers will receive in fiat. Austrian A1 Telekom (WDAG: TKA) has introduced the use of crypto for payment. According to a report on the company’s website, A1 Payment now accepts digital currencies like Bitcoin, Ethereum, and Dash for cashless payments. With this development, retailers in Austria will have other payment options apart from common methods with Maestro or credit cards. On the 27th March, the leading Austrian Telekom provider, A1 Telekom unveiled the new payment option.…

China’s TON Spin-Off Launches Testnet and Token Airdrop

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TONCommunity.org, one of the multiple spin-offs of Telegram’s unlaunched blockchain network, has announced that its tetsnet is now live. After announcing plans for a separate TON network in late May, TONCommunity.org launched the testnet on July 28, the project’s founder Tooz Wu told Cointelegraph. Official TON testnet to shut down by Aug. 1 Alongside the testnet launch, TONCommunity.org is holding an airdrop of mainnet tokens, known as “TONcoins.” The latest airdrop is available for all Telegram users and features 10 million TONcoins, Wu said. Dubbed “testnet3,” the Chinese TON Community’s…

Bitcoin and Ethereum Rise to New Yearly Highs

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BTC was able to provide a daily return of 11.15%. After an impressive run-up by lower-cap altcoins, investors appear to have taken profits and moved to Bitcoin. Indeed, roughly $15 billion were injected into the flagship cryptocurrency on July 27th alone. Such a massive capital influx allowed BTC to smash through the $10,000 resistance barrier and march towards $12,000. The pioneer cryptocurrency kicked off the day at $9,939.68 and within a few minutes after the weekly open its price was already hovering above the $10,000 mark. Moving past this milestone…

Crypto Fear and Greed Index Turns to Extreme Greed, Is Now The Time to Sell?

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Some analysts renewed their expectations of a crypto bull run following Bitcoin’s 11% gains yesterday. Resistance at the $10.5k level has proven difficult to break, having been rejected there on several previous occasions. But yesterday’s rally cut through $10.5k with ease, bringing a daily candle close at $11,030. Bitcoin daily chart with volume. (Source: tradingview.com) Despite that, the macroeconomic outlook remains uncertain. This leads some to question whether crypto, along with stocks, are caught in a bubble. What’s more, the Crypto Fear & Greed Index is currently showing a reading…