Liquidity providers are not rushing in. To measure market makers’ enthusiasm for bitcoin, we turn to network data: the aggregate balances of exchange wallets, as a percentage of bitcoin’s total supply. This measure of exchanges’ bitcoin flows shows some responsiveness to volatility. Year-to-date highs were set in late May and early July, when volatility was on the rise and peaking, respectively. Source link
The bond issuance is part of the country’s effort to support entrepreneurs with more efficient access to capital. As of September, the bank has lent 404 billion yuan ($57.7 billion) to more than 410,000 small and micro sized enterprises, the bank said. Source link
“As a result of this engagement, we are at the point that a registered closed-end interval fund with a bitcoin futures strategy is preparing to launch,” she said. “To reach this point, the fund first responded to each of the issues identified in the staff letter.” Source link
One of Microsoft’s customers, Icertis, a cloud-based platform for contract management, tried out Blockchain Data Manager “in preview,” prior to the release at Ignite, and built use cases involving ethical supply chain contracts and the way certain subsidized pharmaceutical drugs are used. Icertis used Quorum for the Data Manager builds, but the firm has used R3’s Corda as its main blockchain previous to that. Source link
Even if XRP were a security, the investors suing Ripple brought their case far too late for it to proceed, the company said in a new filing. Source link
IDEX is launching a new DEX built on a layer 2 scalibility protocol made possible through Ethereum’s Istanbul hard fork. Source link
The raise brings Figure’s total funding to more than $225 million and values it at $1.2 billion, according to a company press release. Aside from Morgan Creek, which led the round, and MUFG, participants included DCM, Digital Currency Group, HCM Capital, Ribbit Capital, RPM Ventures and The Partners at DST Global. While the size of the round was disclosed in a securities filing last month, the other details were not revealed until now. Source link
Do good work, earn a “badger.” That’s the idea behind a new incentives scheme launched by Microsoft in partnership with blockchain gaming project Enjin. Source link
CMT Digital’s head of trading, Brad Koeppen, agreed. Cryptocurrency markets are almost uniquely vulnerable to gossip and sentiment swings, he said. The correlation between public personas and trading activity isn’t always apparent from public exchange data, especially for tokens with identifiable figureheads like Binance’s BNB (CZ) and Tron’s TRX (founder Justin Sun), Koeppen said. Source link
With markets recovering, we take a look at Bitcoins’ recent behavior and wonder whether it’s still a safe haven? Later, we’re joined by Galen Moore for quick discussion on alleged bitcoin market manipulation… Source link