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“# The DeFi market desperately needs to connect with real-world assets ” With over $13 billion in total value locked, decentralized finance has truly shaken the crypto world in the last year. It has provided a new way to profit from the crypto market. Meanwhile, DeFi right now is only a niche trend with a…
“# Silence is not golden: OKEx still quiet as customers seek answers ” As the crypto market continues to soar to new heights on a nearly daily basis — with Bitcoin (BTC) currently resting around the $16,100 threshold — the murkiness surrounding cryptocurrency exchange OKEx has continued to linger. OKEx initiated a crypto withdrawal suspension…
“# Galaxy Digital’s Q3 earnings mirror crypto euphoria ” Galaxy Digital’s over-the-counter trading desk posted record volumes in the third quarter, signaling once again that institutional uptake of digital assets is on the rise. The company’s third-quarter earnings report showed a 75% year-over-year rise in trading volumes, reaching approximately $1.4 billion. The increase was attributed…
“# Ripple files for yet another new trademark in the US ” Ripple, the developer of various XRP-based products, has filed yet another new trademark with the United States Patent and Trademark Office, or USPTO. Filed on Nov. 6, a filing for the trademark “PayString” gives scant information as to which business or product will be…
“#Five Approaches Companies Need To Emerge Stronger Post-Pandemic” The transformative impact of the last six months cannot be underestimated. The pandemic and its aftereffects have redefined business, society and the way we live our lives globally, including Canada. Among enterprises, it has poured gasoline on a number of shifts that were already smoldering across industries….
“# Listed firm sells $14M of shares for 1 EH/s in Bitcoin mining power ” The Nasdaq-listed Bitcoin (BTC) mining company Bit Digital has announced it will issue $13.9 million in shares in exchange for mining hardware. According to a Nov. 11 announcement, Bit Digital has inked asset-purchase agreements with non-U.S. investors to issue 4,344,711…
“# 100 billion reasons Apple should get behind Bitcoin: Michael Saylor ” Apple should invest a portion of its massive cash reserves in Bitcoin, Toroso Investments’ portfolio manager Dan Weiskopf posted earlier today on the ETF Think Tank website. The site’s lead ETF strategist’s call follows in the footsteps of MicroStrategy CEO Michael Saylor and…
“# Fund execs offer $1M bets that Bitcoin’s S2F model won’t come true ” Chief investment officer of crypto hedge fund Arcane Assets Eric Wall has offered a $1 million bet that the Bitcoin stock-to-flow model will be proven false before 2025. In a Nov. 12 tweet to his 32,700 followers, Wall laid out the…
“# Bitfinex to compete with DeFi with new borrowing service ” Amid a year of significant growth for the decentralized finance space within the crypto industry, Hong Kong-based crypto exchange Bitfinex has unveiled its new lending service today, called Bitfinex Borrow. “Bitfinex Borrow is a borrowing platform,” Bitfinex chief technology officer Paolo Ardoino told Cointelegraph….
“# SEC should declare XRP a security, says Peter Brandt ” Veteran trader and chart analyst Peter Brandt is the latest figure in the cryptocurrency community to dispute the regulatory status of XRP. According to the chartist, XRP — the fourth largest cryptocurrency at publishing time — is a security, which means that the coin…