Category Archive: Cryptocurrency, No picture
Standard Chartered to Launch Crypto Brokerage
This news was brought to you by Phemex, our preferred Derivatives Partner. Another major bank jumps onto the crypto bandwagon. Standard Chartered Joins Crypto Boom Standard Chartered Plc. is setting up a brokerage for digital assets. The U.K. bank is embarking on the venture with BC Technology Ltd., a Hong Kong firm specializing in digital […]
Coinbase Pro Will Begin Trading Dogecoin On Thursday
Key Takeaways Coinbase Pro is planning to initiate Dogecoin trading on June 3. Dogecoin deposits are open starting today (June 1). Coinbase will open Dogecoin trading on its retail platform, Coinbase.com, at a later date not yet announced. Coinbase Pro will initiate Dogecoin trading on June 3, as revealed in a new blog post from […]
Dogecoin Music Festival Gets Backing From Elon Musk
This news was brought to you by Phemex, our preferred Derivatives Partner. The Dogecoin community has proposed a DOGE-themed music festival to celebrate the cryptocurrency’s recent success. Dogepalooza Is On the Way The festival is being coordinated under the name Dogepalooza, and it is seeking out vendors, volunteers, and sponsors. The Dogecoin userbase is inviting […]
Bitcoin Could Crash Further, Says JP Morgan
Key Takeaways A JP Morgan analyst says that Bitcoin’s fair value is between $24,000 and $36,000 following the recent market correction and cooling interest in the asset. The note says that rising volatility is to blame for the recent loss of interest from institutions. JP Morgan will soon join the likes of Morgan Stanley and […]
Coinbase Visa Debit Card Adds Apple Pay, Google Pay
This news was brought to you by Phemex, our preferred Derivatives Partner. Coinbase is linking its debit card with Apple Pay and Google Pay. Coinbase Unveils Debit Card Update Coinbase has integrated Apple Pay and Google Pay into its debit card, the exchange announced Tuesday. In a Tuesday blog post announcing the update, Coinbase wrote […]
Panther Protocol Raises $8M for DeFi Privacy Solution
Key Takeaways Panther Protocol has raised over $8 million from over 140 investors for its privacy-focused DeFi solution. The protocol will allow users to mint 1:1 collateralized privacy-preserving synthetic assets. Leveraging zk-SNARKs, such assets obfuscate all the information involved in an on-chain trade. This news was brought to you by ANKR, our preferred DeFi Partner. […]
Central Bank Governor Says Crypto Regulation is Likely
Key Takeaways The Governor of Sweden’s central bank says that cryptocurrencies are now “big enough” to be regulated. Many central bank officials around the world have recently aired concerns over the growth of Bitcoin and other digital assets. The U.S. also appears to be looking into crypto regulation and the potential launch of its own […]
Mt. Gox Victims Prepare to Vote on Rehabilitation Plan
Key Takeaways The trustee of the bankrupt Bitcoin exchange Mt. Gox has initiated the voting process on the latest rehabilitation plan. At least 50% of the vote holders must agree to pass the vote. The voting process will end on Oct. 8, 2021, after which Tokyo District Court will ratify the result to begin making […]
India Says Banks Cannot Restrict Crypto Transactions
India’s central bank, the Reserve Bank of India (RBI), has resolved confusion around a letter that was sent to bank account holders. Indian Central Bank Clarifies Policy On Friday, two of the largest banks in India, HDFC and SBI, sent notices to account holders which warned that cryptocurrency transactions “aren’t permitted as per RBI guidelines.” […]
Goldman Sachs Says Crypto Could Power Data Economy
Key Takeaways Goldman Sachs has published a report discussing crypto’s potential as an institutional asset class. Researchers argued that the value of a blockchain depends on the information stored on it, claiming that Ethereum could become the number one chain in the future. The report also discussed the importance of decentralization for the future of […]
