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Waves Sees Over 100% Weekly Rally as Stablecoin Launches on Ethereum

18.8.2020
WAVES, the native token of the blockchain platform with the same name, has seen a surge of well over 100% over the past week, while a stablecoin built on the platform is launching on Ethereum (ETH). The new launch establishes a port between the two competing blockchains, as well as a new gateway...

Following Crypto Ad, Grayscale Sees 'Largest Fundraising Week Ever'

17.8.2020
Following the debut of crypto asset management firm Grayscale Investment’s new TV advertisement in the US, early signs suggest viewers did take notice, although the company itself is still keeping details scarce - but saying that additional content is coming to digital channels. As reported,...

Goldman Sachs Sees ‘Resurgence of Interest’ in Crypto from Institutions

7.8.2020
There is currently a “resurgence of interest” in cryptocurrencies, but this time around it’s not from retail investors, but rather the financial institutions, the new head of digital assets at investment banking giant Goldman Sachs revealed in a recent interview. Mathew McDermott, the recently...

South African Bitcoin Investment Company Faces Fresh Scam Allegations

4.8.2020
FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027...

XRP Jumps As Ripple Sees Stronger Demand From Institutions

4.8.2020
Source: Adobe/Тихон Купревич After a decline in its sales of XRP tokens in the first quarter of the year, the California-based fintech firm Ripple sold more in the second quarter thanks to demand from institutional buyers. Ripple’s total XRP sales ended at USD 32.55m for the second quarter, versus...

‘Huge Demand in India’ Spurs Zebpay to Launch OTC Bitcoin Trading Desk

30.7.2020
Indian cryptocurrency exchange Zebpay is launching an OTC bitcoin trading desk. The exchange has shared the details with news.Bitcoin.com, stating that “There is huge demand” among bitcoin traders and arbitrageurs in India for OTC desk services. Zebpay Sees Huge Demand for OTC Crypto...

Coinbase Sees More Institutional Investors Buying Bitcoin in H1

29.7.2020
Coinbase says more institutional investors are now using its platform to build direct positions in the cryptocurrency market. Crypto fund managers are now getting more backing from institutional investors that see the crypto market as an alternative investment strategy. In a report, the exchange...

US Regulator Green-Lights Banks for Cryptocurrency Custody Services

23.7.2020
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related...

Surging Altcoin Ampleforth Sees Strong Volatility

21.7.2020
Source: Adobe/by-studio The little-known altcoin ampleforth (AMPL) has received more attention in the Cryptoverse after it rallied to become this week’s best-performing coin among the top 50 cryptoassets by market capitalization, while simultaneously seeing extreme volatility both to the upside...

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