Data Shows US Dollar, Not Japanese Yen, Is Dominating Bitcoin Trade

news The Monetary Authority of Singapore (MAS), the city-state’s central bank, has completed development of a blockchain-based cross border payments system that can support a range of currencies. Carried out as part of the ongoing Project Ubin initiative, the prototype platform was developed in partnership with investment banking multinational JPMorgan and Singapore government-owned investment firm…

"This is the first time that a blockchain-based transfer agent" has disbursed a security token payout, said CEO Carlos Domingo. Credit: CoinDesk archivesDigital security manager Securitize, a blockchain-based transfer agent, has delivered a dividend-like payout to holders of one of its issuer’s security tokens — a company first.  Distributing a “royalty payment” to holders of…

24H Low$29.3324H High$30.81PriceMarket Stats24H Average Transaction Fee$4.25ReturnsNumber of TransactionsPrice PerformanceAverage Time Token is HeldTwitter SentimentSearch TrendsBitcoin CalculatorCrypto to FIATCrypto to CryptoLast Updated on 10/16/21 1:44 PM CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN…

markets View Bitcoin’s recovery from $9,755 to $10,255 seen in the last 24 hours lacks volume support and could be short-lived. Supporting the case for a drop back to $9,755 are the rising-wedge breakdown on the hourly chart and a bearish candlestick pattern on the 3-day chart. Wednesday’s rising-wedge breakdown on the 4-hour chart is…

Aug 27, 2020 at 20:11 UTCBakkt President Adam White (CoinDesk archives)Bakkt Futures Volume Up on Institutional Trading; Its President Slams Offshore OptionsGrowing institutional interest is helping to drive a recent spike in volume on Bakkt, according to its president, Adam White. But the U.S.-regulated crypto derivatives exchange is holding out hope its dormant options platform…

Markets Daily Crypto RoundupWith both bitcoin and ether soaring past previous all-time highs and a look at a $4 million hip hop album, CoinDesk’s Markets Daily is back with the latest news roundup. Listen on:

feature Thousands of cheese-shaped cartoon wizards will soon duel online for a grand prize of ether tokens. Dapper Labs, the company behind the 2017 CryptoKitties craze, unveiled its newest ethereum-based gaming experience – “Cheeze Wizards” – last Friday. The game has already attracted 973 players who purchased 4,470 fighters, according to Dapper Labs co-founder Bryce…

news Max Boonen is founder and CEO of crypto trading firm B2C2. This post is the first in a series of three that looks at high-frequency trading in the context of the evolution of crypto markets. Opinions expressed within are his own and do not reflect those of CoinDesk.  The following article originally appeared in Institutional Crypto by CoinDesk,…

Dec 2, 2020 at 2:00 p.m. UTCUpdated Dec 2, 2020 at 2:27 p.m. UTCLeft to right: 1inch CTO Anton Bukov, CEO Sergej Kunz and smart contract developer Mikhail Melnik.(1inch)1inch Raises $12M to Keep Up With DeFi’s Growing Crop of DEX AggregatorsDecentralized exchange (DEX) aggregator 1inch has closed a $12 million funding round led by Pantera…