Trade

In his latest essay “Spirited Away,” Arthur Hayes, the former CEO of BitMEX, dives into the complexities of the global financial markets, with a focus on the impending unwinding of the dollar-yen carry trade and its impact on the crypto market. Hayes begins by discussing the potential actions of the US Vice President Kamala Harris in response to an impending financial crisis, influenced by her need to secure electoral victory. He predicts, “Harris will instruct Yellen to use the monetary…

The post Crypto Trade Association Urges VP Kamala Harris To Embrace Digital Assets appeared first on Coinpedia Fintech News The Crypto trade association @DigitalChamber has penned a letter to Vice-President Kamala Harris urging her to take a forward-looking approach to digital assets and blockchain technology. The letter calls on her to include pro-crypto language in the Democratic party platform, choose a crypto-friendly running mate, and start engaging with industry leaders. The association is hopeful that with her leadership, the Democratic…

The recent INATBA report underscores the widespread adoption of blockchain technology across public and private consortial projects, emphasizing initiatives like EBSI and EUBOF for upgrading Europe’s digital infrastructure. IOTA’s involvement in projects such as EBSI finalists and blockchain-backed Digital Product passports reflects its significant contributions to advancing transparency and efficiency. The International Association for Trusted Blockchain Applications (INATBA) published a recent report providing an overview of several public and private consortial projects that use, propose, or standardize blockchain technology across…

According to early reports, Russia might be moving to legalize stablecoins for international payments to mitigate the impacts of international sanctions and exclusion from traditional financial systems. Stablecoins To Evade Sanctions The Russian government is reportedly contemplating legalizing stablecoins for international transactions to facilitate cross-border payments for Russian companies amid ongoing sanctions. This potential move, reported by the Izvestia news service, seeks to address the challenges faced due to exclusion from the SWIFT system. These stablecoins are pegged to stable…

IOTA-based TLIP is revolutionizing trade between the EU and the UK post-Brexit, allowing trading partners to share data in real-time and cut their administrative costs. In one case study, UK logistics firm Mobius has been leveraging TLIP to ship poultry from Poland to the UK, creating a digital pipeline that combines consignment and transport info for all key stakeholders. A lot has been said about the UK’s exit from the EU, including studies that have found Brexit costs the UK…

One of the biggest cryptocurrency exchange services in Croatia, Electrocoin, has recently launched their new cryptocurrency exchange platform called Electrocoin Trade, providing services for natural and legal clients in the EU. The platform includes two core services - cryptocurrency exchange and trading service without prior registration to the platform, and cryptocurrency exchange and trading service for registered users. This way, and following the recent regulatory development in the area of crypto regulation, Electrocoin introduced the new custodial model to their…

UAE-based Farmsent integrates Chainlink’s blockchain technology. Chainlink’s CCIP ensures secure cross-chain communication, while Proof of Reserve verifies real-time backing of tokenized assets. In a recent tweet, UAE-based Farmsent announced its adoption of Chainlink’s tokenized infrastructure. As one of the pioneering trade-finance platforms to leverage blockchain technology, Farmsent is integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Proof of Reserve services. This partnership aims to enhance traceability, secure cross-border payments, and bolster decentralized finance through improved transparency for tokenized real-world assets (RWAs).…

The cryptocurrency market as of now appears to be volatile, especially with Cardano (ADA) and Ondo struggling to regain momentum after a significant price dip. While these two coins are struggling, Raboo, a new meme coin is making waves.  Although Raboo is still in its presales, it has shown signs and signals of great potential. The AI backed meme coin has a lot of features that make it stand out, including ability to monetize content. Find out more about Raboo…

Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum, draw the interest of Token Terminal, a blockchain analytics platform. According to Token Terminal, a curious trend is happening in Uniswap: While the Ethereum ecosystem…