Fidelity Digital Assets Services tries to hit high-net Asian investors after making a partnership with Stack Funds, an investment platform for digital assets. According to the partnership between both recognized investment firms, Singapore-based Stack Funds will expand the cryptocurrency custody services of Fidelity to the big investors based in Asia. The Demand for Digital Assets […]
The United States is introducing new financial laws which are also applicable to digital currencies. To curb money laundering, the US regulators have proposed an amendment in the Bank Secrecy Act, which make it a requirement to collect details about transactions, which are above $250. The US regulators also include digital currencies in the upcoming […]
Russia’s central bank has a plan to launch the digital ruble, but it will not replace paper money, claims Elvira Nabiullina, head of the central bank. As reported by a local news agency, the central bank head unveils plan to roll out the pilot test program before the end of the next year. While talking […]
Due to the increasing demand for hedge investment assets, the companies and institutional actors have increased their Bitcoin holdings. In the latest update, fund manager Grayscale notes it is holding $7 billion in assets under management. $7.3 Billion in AUM According to Grayscale, the fund manager has added a fresh investment of $1 billion in […]
Cryptocurrency exchange Kraken has announced to offer trading services in Japan as part of its expansion plan in the APAC region. Spot Trading for Five Cryptocurrencies According to the official announcement, the exchange will offer spot trading for five major cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, and Litecoin. For these five digital currencies, the […]
BBC’s report unveils that hackers have donated $20,000 in Bitcoin to two non-profits. Such kinds of unusual acts have made experts puzzled. Non-Profits: Children International and The Water Project Two non-profit organizations, Children International and The Water Project have received donation funds, which are known to be linked with criminal sources. According to BBC, the […]
Russian investors see equal opportunity both in gold and cryptocurrency, new report shows. Cryptocurrency is the fifth most popular investment tool in Russia over the last 12 months. World Gold Council’s Report International organization on gold known as World Gold Council unveils new report over famous investment entities on Oct.20. The report denominates the 5th […]
Decentralized exchange Uniswap has got the attention of mainstream media as Bloomberg called it an industry leader by comparing it with the largest cryptocurrency exchange Binance. Decentralized finance (DeFi) remained the top winner in the crypto space over recent months, and it is still embracing new record investments. Due to the DeFi craze, the price […]
The next three months are very important as the price of Bitcoin can reach up to $20,000. After remaining in a particular range for a long time, the crypto community can see a bullish breakout soon. Breakout in Next Three Months Bitcoin has been trading between $10,200 and $11,800 since July 2020. Over the last […]
Blockchain technology has an exponential future as more and more global companies are embracing it. Introduced by IBM and Maersk, a blockchain platform called Tradelens welcomes two international shipping companies, CMA CGM and MSC. Shipping Giants: CMA CGM and MSC The new integration between IBM’s blockchain platform and shipping companies will onboard all data about […]
According to analytics firm Glassnode, more than 60% of Ethereum tokens have not moved over the last 12-months. While Grayscale founder claimed Grayscale Ethereum Trust represents 20% of all ETH supply. Glassnode’s Hold Wave It is a popular belief that investors hold Bitcoin for a long time, but Ethereum’s investors have also shown great interest […]
The Open Payments Coalition introduces new features for customers in a universal ID system. With updated facilities, users will not have to depend on a third party for verification. According to the press release, customers of universal payment ID will take benefits of cloud computing, sandbox for developers, and the facility of end-to-end encryption messaging. […]
Prominent financial official states it is very important for Japan to amend laws in order to issue a digital currency. Japan is now serious about rolling out state digital currency following the People’s Bank of China and other central banks. The government of Japan will have to revise the law which makes the central bank […]
Bitcoin was trading at $10,400 seven days before, but it is now exchanging hands at $11,342. After remaining stable over 30-days, the top digital asset shows volatility by increasing in value. $13,000: Crucial Level In the recent rally, Bitcoin has touched even $11,500 on many exchanges after surging by 10% from its low position. Experts […]
As activity over the Ethereum network has increased, miners’ revenue in fees has also increased by 39% over the last month. The miners’ fee has surged exponentially in September but the price value of Ethereum did not affect so much. According to on-chain data, miners have collected 450,089 ETH ($168.7 million). After increasing by 39% […]
Traders’ interest in Bitcoin options has increased significantly as on Wednesday, the volume has jumped by 300% on the Chicago Mercantile Exchange (CME). $48 Million in One Day Data analytics firm Skew unveiled that CME witnessed $48 million on Wednesday. It is the highest figure reported since July 28, which means people’s belief over top […]
Cryptocurrency exchange BitMEX changes its top leadership after the US law enforcement agencies charged the top four executives for running an unregulated derivatives exchange. Arthur Hayes is no Longer the BitMEX’s CEO According to BitMEX’s announcement, Arthur Hayes is no longer the Chief Executive of the exchange. Similarly, Samuel Reed is also removed from the […]
MicroStrategy CEO Michael Saylor propagates Bitcoin over gold due to its fixed supply. He wants to buy more BTC and then holds it for a long time. Bitcoin is Better than Gold Bitcoin has a priority over gold because the supply of gold can be increased, Saylor says in his recent interview with Daniela Cambone […]
Tron has seen remarkable growth in Q3 2020 as its transaction volume surged by 2,577% during the period. Besides DeFi growth over the Tron network, the price value of token has also shown a significant increase. DappRadar’s Report DappRadar released its report entitled “Q3 Dapp Industry report,” which shows incredible growth over the Tron ecosystem. […]
Centralized exchanges have been over the main screen for years, but decentralized exchanges have got the attention of the masses over recent months. Some experts claim DEXs will take over centralized exchanges, but it’s not like that. Two Bad News for Centralized Exchanges The last two weeks have been very tough for decentralized exchanges. The […]
