Injective Protocol has introduced cutting-edge technology that would allow their traders to be able to trade forex futures on their decentralized platform.
However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.
ETHE shares started to plummet on December 24, when it lost over 18% within 24 hours while Ether had seen a drop of just 3% within the same period.
Raoul Pal previously said that Bitcoin is slowly eating the world as observed with the banking system.
Riot Blockchain reported that the mining revenue had increased by 21% to $6.7 million for the first nine months of 2020.
The UK-based investment giant has stated that it plans to redeem its Series C stock as per the “contractual right”. Thus, it asks regulators to prevent Ripple from using its cash or other liquid assets until it clears the dues. Ripple says the lawsuit by Tetragon holds no merit.
The attorney generals of the seven states have accused the OCC of overstepping its authority and preempting the state laws. They note that the “True Lending” rule will allow banking lenders to bypass state interest rates.
Bitcoin price new ATH has coincided with an announcement from the US federal regulator, Office of the Comptroller of the Currency (OCC), that indicated that banks can use stablecoins and public blockchains to conduct payments and other activities.
It is said that for the average person in Sweden the introduction of the e-Krona would make payments “as easy as sending a text”.
DLC Fund-authorized participant Genesis Global Trading announced that all XRP transactions would be suspended on January 15, 2021.
A critical phase in Elrond’s evolution over the coming year will be the launch of Maiar, the first app to debut on the network.
Cryptocurrency market is once again heading north as the US Dollar Index plummets. The US Dollar index lost 0.32% today and nears the lowest level of last year’s December 31.
The strategists at JPMorgan Chase believe that the current adoption and investment rate that Bitcoin has can potentially drive the coin’s price to a consensus high levels of $50,000-$100,000.
The Office of the Comptroller of Currency has announced that banks can now issue stablecoins in exchange for fiat currencies.
Coinbase spoke against the regulation referring to it as a “regulation not done properly.” According to them, the required information needed to make transactions does not achieve the goal or purpose of controlling illicit transactions.