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Bitcoin Price Drops 18%, Fed Discusses ‘Soft’ Inflation, Analyst Says BTC Sell-Off Attracts More Investors
23.2.2021
Digital asset markets are seeing some turbulence on Tuesday as the entire crypto market capitalization has lost 11% in value during the last 24 hours. Bitcoin has slid to a low of $44,846 during the morning trading sessions (EST) losing more than 18% during the last day. Bitcoin Price Dips Over...
Canadian Bitcoin ETF predicted to hit $1B AUM by Friday: Bloomberg analyst
21.2.2021
Eric Balchunas said the Purpose Bitcoin fund could surpasses all other ETFs in Canada within two months, "barring a nasty selloff."
MahaDAO to List MAHA and ARTH With BitMax.io
17.2.2021
PRESS RELEASE. BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of MahaDao under the trading pair of MAHA/USDT and ARTH/USDT on Feb 15 at 9:00 a.m. and 10:00 a.m. EST. MahaDAO is a set of DeFi protocols...
Digital Asset Manager Grayscale Expands Leadership Team With Trio of C-Suite Hires
16.2.2021
The digital currency asset manager's new executives bring with them experience at firms such as Goldman Sachs, Bank of America and Ripple Labs
Paypal to Expand Its Crypto Services Offering to the UK
15.2.2021
Paypal’s cryptocurrency services are coming to the United Kingdom, as the digital payments giant is now targeting non-U.S. countries. Buy, sell and hold digital asset products could be available for Paypal’s U.K. customers in “a number of months.” Results With the Paypal...
Oldest US Bank BNY Mellon Sets Up Crypto Unit to Offer Bitcoin Services
12.2.2021
The Bank of New York Mellon, BNY Mellon, has set up a digital asset unit. The oldest bank in the U.S. plans to “hold, transfer, and issue” bitcoin and other cryptocurrencies on behalf of its clients. The bank aims to eventually treat cryptocurrencies like any other assets. BNY Mellon...
Powers On... The battle for digital asset supremacy and the consequences of U.S. capitulation
11.2.2021
Why is the U.S. dragging its heels on crypto and blockchain regulation, as the rest of the world forges ahead with financial innovation?
Crypto Financial Services Firm Blockfi Launches Competitive Bitcoin Trust
10.2.2021
The cryptocurrency financial services firm Blockfi has launched a bitcoin-based trust that offers custody from Fidelity Digital Asset Services. Blockfi’s investment vehicle aims to give investors exposure to the leading crypto asset as bitcoin assets under management (AUM) was over...
Uphold to launch crypto cards in Europe with new acquisition
3.2.2021
After launching a crypto debit card in the U.S., Uphold is planning to roll out a multi-asset crypto card in Europe in April 2021
Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules
3.2.2021
New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s...
Alphabit Digital Currency Fund Deploys Initial Investment in Stratis Protocol and Initiates Coverage
1.2.2021
PRESS RELEASE. Stratis’ innovative blockchain solutions have attracted the attention of the digital asset investment fund, Alphabit, who have injected an initial investment while committing to a further 8 figure investment over the next 24 months for growth and development of the BaaS...
Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange
1.2.2021
SDAX now has in-principle approval from Singapore's central bank for its Recognized Market Operator license
Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Derive an Income From Crypto
29.1.2021
Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their...
Prime Trust, tZERO Partner on Digital Asset Custody, Trading
28.1.2021
The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading
SBI Holdings and SMFG to launch digital securities exchange in 2022
28.1.2021
The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology
Digital Asset Manager Grayscale Eyes DeFi Space With New Trust Filings
28.1.2021
Trusts for Aave, Cosmos and Polkadot, as well as privacy coin Monero, have been registered in Delaware
Major Russian Bank Sberbank Files Application to Launch Its Own Stablecoin — Possibly Pegged to the Fiat Ruble
27.1.2021
A major Russian bank revealed an upcoming digital asset launch, which complements another of its latest crypto-related moves. Sberbank applied to register a platform to issue a token named “Sbercoin.” Bank Expects the Stablecoin Could Launch in the Spring of 2021 During an interview...
Coinbase Custody to Support Dvision Network (DVI)
26.1.2021
PRESS RELEASE. Blockchain platform Dvision Network has revealed that digital asset custodian platform ‘’Coinbase Custody’’ will be providing a cold-storage solution for its native token DVI. Major development for Dvision Network Dvision Network stated that the development...
Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
25.1.2021
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are more likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange...
Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies
22.1.2021
The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF, which aims to hold equity in companies that generate revenue from cryptocurrency services. The latest ETF filing is different from the fund Vaneck applied for in mid-December, as it aims to bring investors exposure to...