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The daily
In this issue of The Daily, we detail Tether's limited role in the world's first cryptocurrency exchange and the progress made in adding bitcoin futures to the world's second-largest stock exchange. We also round off the latest advances made in the space of the security tokens.
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Binance Pointe des Pieds
<img clbad = "alignright size-medium wp-image-243983″ title=”The Daily: Binance moves away from the tether, the Nasdaq is getting closer to the future of BTC” src=”https://news.bitcoin.com/wp-content/uploads/2018/11/shutterstock_1165626109-1-300×192.jpg” alt=”The Daily: Binance moves away from the tie, Nasdaq gets closer to BTC futures "width =" 300 "height =" 192 "srcset =" https://news.bitcoin.com/wp-content/uploads/ 2018/11 / shutterstock_1165626109 -1-300×192.jpg 300w, https://news.bitcoin.com/wp-content/uploads/2018/11/shutterstock_1165626109-1-768×492.jpg 768w, https: //news.bitcoin. com / wp-content /uploads/2018/11/shutterstock_1165626109-1-696×445.jpg 696w, https://news.bitcoin.com/wp-content/uploads/2018/11/shutterstock_1165626109-1-656×420.jpg 656w, https: // news .bitcoin.com / wp-content / uploads / 2018/11 / shutterstock_1165626109-1.jpg 1000w "sizes =" (maximum width: 300px) 100vw, 300px”/>Like many exchanges, Binance has sought to reduce its tether exposure (USDT) in recent months by introducing a range of alternative currencies. Binance has now moved away from the clip by removing it as a BTC / USD reference pair on the platform. In its place will come "USD". This is not a new stablecoin, but the name that Binance has given to the combined stablecoins it will use to derive its BTC / USD price.
"It's to support more trading pairs with different stabl parts offered as a base pair," said the cryptocurrency market, the world's largest trading volume market. The website untether.space, which records what is known as the "attachment risk premium," notes that on the USDT stock exchanges, BTC is currently trading at a 3.67% premium.
Nasdaq advances with Bitcoin Futures
It's to be reported Nasdaq is pursuing plans to list bitcoin futures, and BTC's current downtrend has little effect on reducing its desire to add the trading option. The United States Commodity Futures Trading Commission is finalizing the details ahead of the planned launch of the world's second-largest stock exchange in the first quarter of 2019. The Nasdaq will use its BTC spot price among a selection of cryptocurrency exchanges and seeks to differentiate its futures from those offered by CME and Cboe.
<img clbad = "aligncenter wp-image-53742″ title=”The Daily: Binance moves away from the tether, the Nasdaq is getting closer to the future of BTC” src=”https://news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by-Nasdaq-1024×1024.png” alt=”The Daily: Binance moves away from the tie, Nasdaq gets closer to BTC futures "width =" 490 "height =" 490 "srcset =" https://news.bitcoin.com/wp-content/uploads/ 2017/07/07 / XBT Indicated by Nasdaq-1024×1024.png 1024w, https://news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by-Nasdaq-150×150.png 150w , https: //news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by-Nasdaq-300×300.png 300w, https://news.bitcoin.com/wp-content/ uploads / 2017/07 / XBT Provider-Amended by Nasdaq-768×768.png 768w, https://news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by-Nasdaq-600×600. png 600w, https://news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by-Nasdaq-696×696.png 696w, https://news.bitcoin.com/wp – content / uploads / 2017/07 / XBT Provider-Amended by Nasdaq-1392×1392.png 1392w, https://news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by-Nasdaq- 1068×1068.png 1068w, https://news.bitcoin.com/wp-content/u ploads / 2017/07 / XBT-Provider-Fined-by-Nasdaq-420×42 0.png 420w, https://news.bitcoin.com/wp-content/uploads/2017/07/XBT-Provider-Fined-by- Nasdaq.png 1600w "values" (max-width: 490px) 100vw, 490px”/>
The infrastructure of security tokens is growing
2019 's announcement as the year when much of the construction work done in 2018 will bear fruit. In addition to the future of Nasdaq and the much-awaited approval of the first Bitcoin ETF, security token (STO) offers are expected to take off. A number of recent developments in the space of security tokens help lay the foundation for a major growth over the next 12 to 18 months. The Securitize Security Token Platform has just completed a $ 12.75 million increase in Blockchain Capital Series A, Coinbase Ventures and Ripple.
Meanwhile, ICOrating.com signed a partnership with China's Proof Global security chip platform to help STOs. Proof's next security token issuance platform will use ICOrating's research and badysis of security tokens, market data and research. Rating reports on startups raising funds by STOs will be made available to investors, enabling them to make decisions based on data and badysis. according to research According to ICOrating, security tokens accounted for only 6.5% of OICs in the third quarter of this year, but this number is expected to increase significantly in the next quarter.
What do you think about today's news information presented in The Daily? Let us know in the comments section below.
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