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Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Binance Coin Price Falls With It’s Intraday Movement; Trades Around $15


Binance chain is going to launch the seventh phase of Binance Lending Products. On October 02, 14-day fixed-term lending for the products will be made available. Further, the subscription format for the products will be first come first serve basis. Products will be available till 12 am on October...

Without Disobedience, Bitcoin Is No Better Than Gold


With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely...

Fiat is a 'Big Thing' for Binance as They Focus More on Fiat Onramp


Fiat-to-crypto conversion is a big thing for Binance, stressed the exchange’s CEO, Changpeng Zhao in his recent livestream. Speaking of fiat onramp, he said that “there’s a lot of initiatives happening,” from fiat gateways to Binance USD (BUSD) stablecoin. Though fiat onramp is something Binance...

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