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How Coinbase Quietly Became the World’s Biggest Bitcoin Bank


On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...

Ethereum vs Bitcoin: BTC Reclaims $10,000, ETH Still Appears Well Below $200


Bitcoin has recently managed a mild price recovery, trades above $10,000 ETH has also rebounded from $175.94, but is still around $183 BTC appears to have a support above $9500, ETH may see support around $183 Bitcoin, after a remarkable bearish phase is ready to take the crypto market up as...

Want to Buy ‘Virgin Bitcoin’? Be Ready to Pay 20% More, Says CEO


Buyers of so-called "virgin bitcoins" are paying up to 20% more for coins with no transaction history, Flex Yan, CEO of Babel Finance, a Hong Kong-based crypto financial services company, claims. In a recent opinion piece, published by Bitcoin Magazine, he said that demand for the virgin coins...

Coinbase Custody Acquires Xapo, Sees $7 Billion Growth


Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...

Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree


In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason. Dovey Wan, a founding partner of California-based investment...

Bitcoin and Altcoins at Continued Risk of Weakness


After a strong decline, bitcoin price recovered above the USD 10,000 resistance level. BTC/USD even traded above USD 10,150, but it struggled to gain strength above USD 10,350 and USD 10,400. As a result, the bears took back control and pushed the price back below the USD 10,000 support level....

Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks


The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...

These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes


Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much...

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