Stablecoin Tether pressured to reveal the location of its reserve funds October 8, 2021 Tether, a stablecoin pegged to the price of the US dollar, is facing scrutiny once again over the location of its reserve funds. Tether Holdings Inc issues one token for each dollar it receives. This means that trades made using USDT are supposedly backed by the companies’ dollar reserves – a quality which has made [...]
So much going on in the fast-moving world of Bitcoin October 8, 2021 Jason Deane takes a glance over one very busy week for cryptocurrency.
Bitcoin is ‘overpriced’ as it is worth no more than $28k, says ByteTree’s investment chief October 8, 2021 Bitcoin, the world’s most popular cryptocurrency, is double the price it should be at fair value, according to the Chief Investment Officer of ByteTree. Charlie Morris of ByteTree, a provider of digital asset data, made the statement earlier today at the Token2049 conference in London, where he met with representatives from Coinbase and Galaxy Digital [...]
Bitcoin is ‘overpriced’ as it is worth no more than $28k, says ByteTree’s investment chief : CityAM October 8, 2021 Bitcoin, the world’s most popular cryptocurrency, is double the price it should be at fair value, according to the Chief Investment Officer of ByteTree. Charlie Morris of ByteTree, a provider of digital asset data, made the statement earlier today at the Token2049 conference in London, where he met with representatives from Coinbase and Galaxy Digital [...]
Crypto exchange Gemini calls on UK firms to get serious about regulation October 7, 2021 Those in the crypto space need to engage proactively with regulators to help bring them up to speed according to crypto exchange, Gemini. At the Token2049 conference in London leading voices from the digital asset industry debated the best way to engage with regulation. “We’re in this crypto landscape now, it’s 12 odd years old, [...]
Crypto exchange Gemini calls on UK firms to get serious about regulation : CityAM October 7, 2021 Those in the crypto space need to engage proactively with regulators to help bring them up to speed according to crypto exchange, Gemini. At the Token2049 conference in London leading voices from the digital asset industry debated the best way to engage with regulation. “We’re in this crypto landscape now, it’s 12 odd years old, [...]
Banks increasingly keen to enter crypto space say industry experts October 7, 2021 Digital asset firms which specialise in serving institutional clients say that banks are increasingly willing to enter the crypto space. At the Token2049 crypto conference held in London today leading figures in the digital financial services space came together to discuss the state of institutional adoption in the crypto market. Michael Moro CEO of Genesis [...]
Bitcoin hits highest levels since May while SHIBA continues to run riot October 7, 2021 Bitcoin’s latest price surge yesterday saw the leading cryptocurrency hit a daily high of more than $55k for the first time since mid-May.
Revolut could be launching its own crypto token October 6, 2021 The ultra fast payments service Revolut could be launching its own crypto token according to sources familiar with the matter. The company offers banking services through its flagship mobile app and already allows customers to buy and sell crypto currencies. The UK’s biggest FinTech company, valued at $33bn, wants to take things a step further [...]
Decentral Games and Amnesia Ibiza partner to stage metaversal DJ event October 6, 2021 DJ Benny Benassi, Paul van Dyk and Luciano share the stage at Decentral Games’ SuperClub - the world’s first immersive 3D metaverse experience of its kind.