Markets

The DeFi space continues to surge in popularity as the total value locked in protocols quickly approaches $7 billion. One of the protocols leading this increase is Aave.But it’s definitely not the only thing that’s capturing the market’s attention. Elsewhere, in the field of traditional finance, the price for Tesla stocks is up more than 360% since the beginning of the year.With this, the CEO at Aave, Stani Kulechov, has made an interesting suggestion to the chief at Tesla, Elon Musk.Tokenize...

The cryptocurrency market has recovered from some of the losses it registered in the past few days. Bitcoin is up by 1%, while some altcoins are marking impressive double and even triple-digit gains with OMG Network leading the pack.Altcoins With Massive MovesThe altcoin market became accustomed to significant fluctuations, and the past 24 hours don’t disappoint. One alt stands above all – OMG Network. OMG has exploded in value in the past few weeks and especially since yesterday, when the...

Bitcoin cash price corrected lower, but it stayed above the $280 support against the US Dollar.The price is currently recovering, and trading above the $295 level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $288 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must break the $305 and $310 resistance levels for a fresh increase in the near term.Bitcoin cash price is slowly moving higher towards $300 against...

The UK Financial Conduct Authority has granted operational licenses to two cryptocurrency exchanges. Those are the UK-based digital security exchange Archax and the UK branch of the Winklevoss twins’ Gemini.Archax Regulated By The FCAAs announced yesterday, the UK Archax platform became the “first-ever FCA regulated digital securities exchange and custodian” in the country. Consequently, digital issuances from across the world will be able to trade on an FCA authorized secondary market....

The Gemini Exchange in New York – founded by Cameron and Tyler Winklevoss of “The Social Network” fame – has announced that it’s turning to Eventus Validus to monitor all the trades that occur on its crypto platform to ensure safety and security for its customers.Gemini and Eventus Are Pairing UpEventus is a trade-surveillance and market risk solution manager for cryptocurrencies and other assets. Right now, Eventus is utilized by six other crypto exchanges and is also quite popular amongst...

[Featured content]The cryptocurrency space has come a long way in the past couple of years. There is a myriad of services that various companies offer, bridging the gap between digital assets and traditional financial markets.One particular field, the interest for which has skyrocketed recently are cryptocurrency-backed fiat loans. In essence, people can now use different platforms where they can use their Bitcoin and other cryptos as collateral for a fiat loan.Nebeus is a platform that...

It looks like bitcoin has let everyone down again. The world’s number one cryptocurrency by market cap has taken a serious turn for the worse and fallen to $11,600 – roughly $400 less than where it was yesterday.Another Bitcoin Fall Is in the BooksThe currency has been on a serious roll after the last few weeks, rising all the way from the mid-$9,000 range to above $12,000. However, now that the currency has broken previously set resistance, the asset is seemingly taking a serious step back....

Bitcoin-Börse Binance expandiert nach Deutschland. Investoren, Experten und Kryptofans fühlen sich an 2017 erinnert. Naht ein erneuter Bullrun? Es scheint so einiges dafür zu sprechen – nicht zuletz der kürzlich verzeichnete Rekord-Traffic auf Binance. Binance-Traffic so hoch wie nie zuvor! Binance ist eine der größten Kryptobörsen der Welt. Der CEO des Unternehmens gab am 17....

CoinShares’ total managed funds have now hit $1 billion, with the volume rising to reflect the growing global interest in cryptocurrency.As the demand for Bitcoin and other cryptocurrencies surges globally, the CoinShares fund hit $1 billion. The Ethereum and Bitcoin fund manager hit the nine-figure mark in assets under management (AUM).With CoinShares, traders can invest in its XBT Provider products. This will enable them to access the crypto market without owning actual cryptos or managing...

BitFlyer entered into the Hawaiian market as the team considers Hawaii as a bridge between Japan and the U.S. The Tokyo-based exchange bitFlyer has entered the Hawaiian market after taking advantage of a regulatory window that permits such companies to operate in the state.According to a statement released by the company on August 19, the state of Hawaii has set up a sandbox for blockchain firms to operate without the statutory financial license for a period of two years.BitFlyer: Why...