Tagged: btc

May 27, 2020 @ 8:09 am By Omar Faridi  |  

Delta Exchange, an established cryptocurrency derivatives exchange that maintains offices in Singapore, has received funding from New York-headquartered blockchain investment firm, CoinFund. As mentioned in a release shared with CI, the new investment will provide Delta Exchange with the resources needed to scale its operations… Read More

May 26, 2020 @ 7:38 am By Omar Faridi  |  

Bitcoin (BTC) and other digital currencies can be difficult to spend because most merchants still do not accept them. The Switzerland-based firm, Eidoo, is planning to help consumers easily spend virtual currencies by launching a Visa crypto debit card that will use regulated or compliant… Read More

May 26, 2020 @ 7:22 am By Omar Faridi  |  

More than 45% of over 5,000 survey respondents from 17 different countries said they preferred Bitcoin (BTC) over investments in stocks, real estate, and gold. The survey, which aimed to compare Bitcoin (BTC) adoption rates from 2017 to those in 2020, was performed by Tokenist,… Read More

May 25, 2020 @ 5:38 pm By Omar Faridi  |  

  Nobody really knows when Bitcoin (BTC) and other cryptocurrencies will be “vulnerable” to the threat from quantum computers, according to most experts in the field. Twitter and other social media users have been warning and reminding people that we should stay informed about the… Read More

May 25, 2020 @ 8:04 am By Omar Faridi  |  

Giant Wall Street investment bank Goldman Sachs will be hosting a conference call on May 27, 2020, which has been titled “US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.” Interestingly, the conference has been scheduled after the bank published a… Read More

May 23, 2020 @ 10:09 pm By Omar Faridi  |  

Digital asset exchange FTX has introduced a crypto trading platform for US-based users. FTX.US supports spot trading for major virtual currencies, including Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Paxos Gold token (PAXG), and stablecoin Tether (USDT). The new platform will provide up… Read More

May 23, 2020 @ 8:06 pm By Omar Faridi  |  

New York-based Vision Hill Cryptocurrency Hedge Fund, a full-service digital asset management and solutions company, recently released its Q1 2020 returns reports. As noted by the firm, its active crypto indices are “non-investable” reference indices that have been designed to be “representative of the overall… Read More

May 22, 2020 @ 1:30 pm By Omar Faridi  |  

Connie Gallippi, founder and Executive Director at BitGive, recently shared her views and insights with Crowdfund Insider. BitGive is a non-profit organization that aims to bridge the gap between practical philanthropic solutions for nonprofit and humanitarian work globally made possible through emerging blockchain technology. Established… Read More

May 22, 2020 @ 12:32 pm By Omar Faridi  |  

The cryptocurrency market continues to recover from its mid-March 2020 lows and at the end of last month, Bitcoin (BTC) was up 22% for the year. As reported by Blockchain.com, a block explorer and crypto wallet service provider, Bitcoin has outperformed other major assets that… Read More

May 22, 2020 @ 12:34 am By Omar Faridi  |  

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), has published a report which argues that legacy banking infrastructure has made it difficult to distribute stimulus money, following the COVID-19 outbreak. The report states: “Central bank digital currencies [CBDCs] have the potential to streamline… Read More

May 21, 2020 @ 11:00 pm By Omar Faridi  |  

The Chicago Mercantile Exchange (CME) Group, a global markets company and the world’s largest financial derivatives exchange with over $75 billion in assets, has reported a considerable increase in its Bitcoin (BTC) options contract volume during the past week. An options contract is an agreement… Read More

May 20, 2020 @ 7:48 am By Omar Faridi  |  

Payments company Square‘s (NYSE:SQ) Cash App now lets users schedule automatic Bitcoin (BTC) purchases at specific times, which includes daily, weekly, or bi-weekly options. Cash App’s new feature is called “Auto Invest,” and seems to be based on the concept of dollar-cost averaging, which involves… Read More

May 16, 2020 @ 7:55 pm By Omar Faridi  |  

HDR Global Trading Ltd, the parent company of leading cryptocurrency derivatives exchange, BitMEX, has introduced a developer grant program that will complement its previous efforts and contributions that support software architects working on open-source protocols. HDR Global has previously awarded a “no strings attached” $100,000… Read More

May 16, 2020 @ 4:46 pm By Omar Faridi  |  

Digital assets derivatives exchange FTX has introduced Bitcoin (BTC) hashrate futures. These financial products are being offered, so that BTC miners can hedge against the leading cryptocurrency’s continuous mining difficulty adjustments. The Bitcoin hashrate is the amount of computing power securing the BTC blockchain network… Read More

May 16, 2020 @ 8:25 am By Omar Faridi  |  

  Open interest on the Chicago Mercantile Exchange (CME Group) for Bitcoin (BTC) options has surged dramatically during the past few days, following the third Bitcoin halving event, which effectively reduced the cryptocurrency’s supply by 50%. An options contract is an agreement between two consenting… Read More

May 15, 2020 @ 9:08 am By Omar Faridi  |  

Bitcoin (BTC), the flagship cryptocurrency, may serve as a gateway for investors to consider buying other digital assets or “altcoins” (alternative coins). According to research conducted by San Francisco-based crypto exchange Coinbase, 60% of first-time virtual currency investors purchase Bitcoin at first. However, only 24%… Read More

May 14, 2020 @ 10:25 pm By Omar Faridi  |  

Andreessen Horowitz (a16z)-backed dYdX, a non-custodial cryptocurrency exchange, has confirmed the public launch of its Bitcoin (BTC) perpetual contracts market. Perpetual contracts are derivatives that are somewhat like futures contracts, however, they don’t have an expiry or fixed settlement date. Perpetual contracts closely resemble a… Read More

May 14, 2020 @ 7:41 am By Omar Faridi  |  

Germany-based neobank Bitwala will allow its 80,000+ customers to buy, hold, and earn interest on Bitcoin through their bank accounts. Bitwala’s new cryptocurrency service is being offered through a partnership with the developers of the Celsius Network, a major digital assets lending platform. DefiPrime data… Read More

May 12, 2020 @ 7:45 pm By Omar Faridi  |  

Henri Arslanian, the global leader for PricewaterhouseCoopers‘ (PwC) cryptocurrency and blockchain-related projects, shared the auditing firm’s 2nd Annual PwC-Elwood Crypto Hedge Fund Report on May 11, 2020. Arslanian summarized the key findings from the report as follows. The median crypto asset hedge fund returned +30%… Read More

May 12, 2020 @ 8:43 am By Omar Faridi  |  

Binance.US, the leading cryptocurrency exchange company’s US-based division, has introduced an over-the-counter (OTC) digital asset trading desk. The new OTC option is only available for trades valued at $10,000 or more. OTC crypto trades are negotiated directly between the buyer and the seller. They don’t… Read More