1) The relatively obscure Ravencoin (RVN) project has seen its price surge up in value over the past week, fueled by its recent listing on the popular cryptocurrency exchange Binance. What is even more noteworthy is that the project was listed on the exchange without putting forward a listing fee, which had been a controversial topic for Binance in the past. When RVN was initially listed on Binance it was trading around $0.014, but after several days and some promotional tweets from the Binance CEO, RVN is trading at $0.04215, increasing in value by more than 200%. (Read More)

2) Tether (USDT) tokens are quickly accumulating into a wallet address controlled by Kraken as this is one of the few places where traders can convert the stablecoin into U.S. dollars. Currently, Kraken’s wallet shows a balance of 47.8 million USDT and this makes the exchange the eighth-most valuable wallet to hold USDT. Two weeks ago the exchange had only $21.6 million in USDT and the balance fluctuated between 10 million to 24 million USDT from December 2017 through the end of September. On October 15 USDT fell to its lowest price in 18-months as the price dipped to $0.85 on Kraken. As this occurred, Kraken saw its highest ever trading volume in USDT. (Read More)

3) San Francisco-based startup Token has announced the launch of TokenX, a regulated and insured stablecoin on Stellar Blockchain. TokenX has partnered with Alliance Trust to act as its escrow for holding funds. These funds are insured by the Federal Deposit Insurance Corporation (FDIC) up to $25 Million. Once verified, users can purchase 30 different stablecoins using Ethereum and Stellar. TokenX is also bringing support for Ethereum blockchain later. (Read More)