Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision?
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Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision?
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Hash rate, supply shock, and U.S. credit risk are likely the causes for the BTC rally.
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Cryptocurrency traders can now protect their tether tokens or bet against the solvency of the stablecoin by leveraging a new crypto derivatives product from the Opium Protocol. Opium founder, Andrey Belyakov, claims the product is the “first CDS (credit default swap) on a centralized stablecoin.” The stablecoin tether (USDT) is the most popular dollar-pegged token […]
The post Opium Protocol Allows Traders to Hedge or Bet Against the Stablecoin Tether’s Solvency appeared first on Bitcoin News.
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In this edition of The Daily we cover the latest protocol upgrade to privacy coin monero (XMR), a new feature for traders using Revolut, and the blockchain-based corporate settlements platform SETL appointing administrators for the business. Also Read: Online Bank Swissquote to Add Crypto Custodial Services Monero Undergoes Protocol Upgrade The Monero development team has […]
The post In the Daily: Monero Upgrade, Revolut Auto Exchange, SETL Administration appeared first on Bitcoin News.
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There is a new generation of cryptocurrency-based derivatives being launched in 2019 which could significantly increase overall trading flow and attract a new breed of investors. Derivatives are not without their controversies however. Over the years, they have acquired a negative reputation in some quarters, exacerbated by movies such as “The Big Short.” Also read: Market Slump […]
The post Analysis: Why Crypto Derivatives Are Considered Dangerous appeared first on Bitcoin News.
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Lately, there’s been a lot of conversation directed at adding a canonical transaction ordering (CTOR) process to the Bitcoin Cash protocol. Then there’s the topic of whether or not the BCH developers should add the opcode OP_Checkdatasig (CDS) into the codebase. Some believe CDS will be beneficial to Bitcoin scripting applications and allow for all […]
The post Programmable Money: Bitcoin Cash Community Debates Oracle Driven Upgrade appeared first on Bitcoin News.
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