Dow Nosedives as Coronavirus Rocks a Complacent U.S. Stock Market

Dow bulls took a triple-digit point hit on Friday as coronavirus fears rocked Wall Street. An elevated stock market was already exposed to risk-off conditions after the Fed’s huge liquidity injection over the last few weeks. ING believes the most important upcoming risk event will be the Fed decision on repo actions next week. The […]

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Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex

Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550. The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a TRC20 token on Tron (TRX). […]

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New European Blockchain Association Called ADAN

“Association pour le Développement des Actifs Numériques” (ADAN) is an association that will represent the blockchain industry before the authorities in France and Europe. “The Association for the Development of Digital Assets” was announced on January 14th, 2020 through a press release on the official ADAN website. Its job will be to represent the European […]

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