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Binance Lending Adds Bitcoin Cash to Flexible Deposits Letting Users Earn Interest on BCH
18.3.2020
Bitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and EOS. This development comes just as competition in the crypto lending field is heating up. Also Read: Binance...
Indian Government Reveals Inspection of Bitcoin Businesses, Informs Parliament of Results
18.3.2020
The government of India has informed Lok Sabha, the lower house of parliament, about the Ministry of Corporate Affairs’ inspection of cryptocurrency businesses. Minister of State for Finance and Corporate Affairs Anurag Singh Thakur provided details of two companies in particular. This...
Akon’s Crypto Project Adds Financial Infrastructure Outfit Delchain As Partner
17.3.2020
Akoin, a crypto project of famous singer Akon, partners with Delchain to bolster expertise prior to token generation
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
Fireblocks to ‘Bridge the Gap’ Between Institutional Traders and DeFi
17.3.2020
Digital asset security platform Fireblocks has partnered with Compound to be a branch for institutional players to put assets on the network
Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
17.3.2020
Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
Changing the Universal Gravitation in the Financial Industry
17.3.2020
The future of the financial system lies in the DLT-based solutions that provide more trust and transparency
Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
16.3.2020
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13
With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
14.3.2020
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...
ETH Price Strains Defi Collateral Loans as ‘Black Swan’ Event Strikes Makerdao
13.3.2020
The price of ethereum dropping double digits on March 12 sent shockwaves through the decentralized finance (defi) community. Makerdao’s single collateral DAI has been struggling and the low price of ETH has left millions worth of DAI undercollateralized. The defi project’s...
Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation
13.3.2020
Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
Bitcoin Under $1K is Possible Warns Veteran Trader Peter Brandt
13.3.2020
The commodities analyst believes the price of the cryptocurrency could drop below $1000 due to the coronavirus induced panic
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Coronarvirus Travel Bans Crippling Crypto
12.3.2020
The coronavirus pandemic has had devastating consequences for the crypto industry, from cancelling conferences to disrupting business
CME Group Suspends Trading in Response to Coronavirus
12.3.2020
The Chicago Mercantile Exchange Group cited the coronavirus epidemic as a reason to close trading from Friday. Other crypto-related firms are taking precautions too
What Mainstream Financial Advisors Are Saying About Bitcoin
11.3.2020
As mainstream markets tumble, some financial professionals have mentioned cryptocurrency as an option
DeFi Project Backed by Polychain and DragonFly Capital Shuts Down
11.3.2020
DeFi project Paradigm Labs says it has failed to keep step with an “incredibly fluid” decentralized exchange landscape
Synthetix Exchange May Soon Offer Derivatives Trading on Ethereum
11.3.2020
Derivatives trading may soon become a reality for Ethereum-based Synthetix according to its Q2 and Q3 plans
Libra Wanted a Currency, All We Need Are DeFi’s Open Payment Rails
10.3.2020
Rather than build an alternative currency like Libra, Facebook should concentrate on building new infrastructure, like the open systems in the ethereum-DeFi space, says ConsenSys's Lex Sokolin