Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions.
Crypto Catalysts: Investors to Weigh Jobs, Retail Sales, Production Data for Latest Inflation Signals
The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points.
Bitcoin corrects on Fed rate hike, but bulls are prepared for Friday’s $1.2B options expiry
BTC price dropped as the Fed rolled out a 0.25% rate hike, but improving housing market data and Bitcoin options data suggests that bulls are ready for this week’s expiry.
El Salvador explores low-interest loans backed by Bitcoin
The Salvadoran government is looking to create a Bitcoin-backed loan product for micro and small businesses across the country.
Power Ledger to Bring Blockchain Energy Trading to West Australian Housing Developments
The blockchain firm will provide the technology to enable energy trading at 10 new housing developments.