Tagged: digital assets

Blockchain.com Explains Difference between its Non-Custodial and Trading Digital Asset Wallets

The team at UK-based Blockchain.com, a leading crypto wallet, trading platform, and block explorer service, notes that as the crypto community grows and digital currency adoption also gains speed, educational resources like the ones prepared by 99 Bitcoins will be “key to help usher in… Read More

Jeremy Welch, Kraken’s Chief Product Officer, Explains how Crypto Democratizes Finance, Gives Users Full Control over their Funds

Many people across the globe are now looking to break away from the “old way of investing,” according to a blog post published by digital asset firm Kraken. The modern investor has charts, real-time news, communities, and even zero-fee trading platforms “guiding their financial decisions… Read More

Cryptocurrency ATM Network Bitcoin Depot Launches More Than 350 New ATMs Across the U.S.

  Bitcoin Depot, a cryptocurrency ATM network, announced on Monday it has launched more than 350 new crypto ATMs opening across the U.S. Founded in 2016, Bitcoin Depot describes itself as a multi-cryptocurrency ATM network that offers users the ability to buy and sell Bitcoin,… Read More

Canadian Digital Asset Custodian Brane Capital Now Seeking Approval for U.S. Trust Charter

Brane Capital, a digital asset custodian based in Canada, recently announced it has completed an extensive application filing process for a public trust company charter with the South Dakota Division of Banking. The company reported that the charter will allow it to offer the full… Read More

Estonia-Based Aspiring Crypto-Bank Crypterium Extends Equity Crowdfunding Campaign on Seedrs; Now Secures More Than €2.9 Million

  Estonia-based aspiring “crypto-bank” Crypterium has extended its equity crowdfunding campaign on Seedrs and has raised more than €2.9 million. The funding round, which launched last month, originally sought to raise €1 million and has attracted over 2,450 Seedrs investors. As previously reported, Crypterium stated it is building… Read More

Bitcoin and Other Digital Assets Now Being Considered Investments but Not Medium-of-Exchange by Chinese Policymakers

China’s virtual yuan has been in development for the past 7 years (since 2014). Recently, Chinese officials had noted that Bitcoin (BTC) was not really a currency but they do think it’s a form of investment. Regulators in China are also eager to explore the… Read More

Turkish Authorities to Apply AML and Terrorism Financing Regulations to Cryptocurrency Transactions

Turkey has reportedly decided to add digital currency trading platforms to its list of companies that will come under the nation’s anti-money laundering (AML) and terrorism financing regulations. This, according to a presidential decree that was released on Saturday (May 1, 2021). The Official Gazette… Read More

USDT Stablecoin Market Cap of $51B+ Now Exceeds Insured Deposits at Most US Banks, Quarterly Report of Tether Reserves Expected Soon

Tether (USDT), the world’s largest stablecoin (or digital asset that’s supposed to be backed 1-to-1 with major fiat currencies like USD and cash equivalents) now claims a market cap of over $51.7 billion at the time of writing (according to available data). Notably, Tether (USDT)… Read More

Ethereum Might be A Higher Upside Treasury Reserve Asset than Bitcoin, Arash Ghaemi from Two Prime Digital Assets Explains

Arash Ghaemi, Director of Strategy at Two Prime Digital Assets, a “trusted” investment partner to HNWIs, family offices, institutions, and corporate treasuries seeking “intelligent” exposure to Bitcoin (BTC) and Ethereum (ETH), notes that there are several potential reasons why ETH can be “a higher upside”… Read More

Coinbase Investor Andreessen Horowitz Might be Launching New $1 Billion Cryptocurrency focused Fund: Report

Andreessen Horowitz, one of Silicon Valley’s most high-profile VC companies that invests in “software eating the world,” is reportedly planning or looking into establishing a new fund of around $1 billion. According to a report from the FT, this new fund would make strategic investments… Read More

Grayscale Is Approaching $50 Billion in Digital Assets Under Management

Grayscale, a global leader in digital currency asset management that provides single asset and diversified exposure via private and public funds, has provided updates (as of April 30, 2021) on its total assets under management (AUM), holdings per share, and market price per share for… Read More

Milestone: PayBito Surpasses $2 Billion in Daily Trading Volume; Seeks $5 Billion By the End of 2021

      U.S.-based cryptocurrency exchange PayBito announced on Thursday it has crossed $2 billion in its daily trading volume and is seeking to achieve $5 billion by the end of 2021. The latest milestone comes just a few months after PayBito announced it was experiencing record… Read More

Bittrex Announces Integration With DigitalBits Blockchain Mainnet; Lists Zytrara Dollar & DigitalBits Token

Bittrex, a cryptocurrency exchange based in the U.S., announced on Friday its integration with the DigitalBits blockchain mainnet, as well as its support for the DigitalBits ERC-20 token swap. The launch comes just after Bittrex recently listed both the Zytara dollar (ZUSD) and DigitalBits (XDB)… Read More

Fintech Wealthfront Is Now Offering Carefully Vetted ETFs, Socially-Responsible Investing Options, Company Now Exploring Crypto

California-based Fintech firm Wealthfront revealed on Wednesday (April 28, 2021) that it’s now offering new features for its investment portfolios that will allow its clients to make investments in a wider range of “carefully-vetted” exchange-traded-funds or ETFs and Socially Responsible Investing (SRI) options. According to… Read More

XRP Lawsuit: Attorney Says it’s “Clear” that SEC Failed to Comply with Order to Share Internal Documents Requested by Ripple

Jeremy Hogan, Parnter at Hogan & Hogan, reveals that CryptoLaw has shared American Fintech Ripple’s response to the US Securities and Exchange Commission’s (SEC) letter which is disputing (essentially) “parts of the Court Order” from earlier in April 2021 that are “related to internal communications.”… Read More

Kava Labs, which Focuses on Democratizing Financial Services, Establishes Security of Assets Fund for Users

Brian Kerr, Co-founder of Kava, has published a blog post in which he revealed that his team is introducing the Kava SAFU Fund (Security of Assets Fund for Users). Kerr noted in the update, dated Wednesday (April 28, 2021) that Kava SAFU Fund is an… Read More

CoinShares Reports that “Poor Sentiment” for Bitcoin led to Low Inflows of $1.3M, “Masking Improving Appetite” for Ethereum

James Butterfill, Investment Strategist at London-based CoinShares, a digital asset manager focused on expanding access to the cryptocurrency ecosystem while serving as a “trusted partner” for its clients, notes in a blog post published on Tuesday (April 26, 2021) that “poor sentiment” for Bitcoin led… Read More

Bitcoin Ecosystem Developments are “Supportive of a Long-Term Investment Case” for BTC: Report

Bitcoin (BTC) price dropped 4.2% week on week (WoW), but then managed to recover from a dip on April 26, 2021, to ~$47,000 back to $53,450, the BitOoda team noted in their latest market report. Bitcoin is trading at just over $54,500 at the time… Read More

Dogecoin (DOGE) Now Available for Trading on Digital Asset Exchange OKCoin

Dogecoin is now available for trading on crypto-asset exchange OKCoin, according to a blog post update from the company on April 26, 2021. Beginning on Tuesday (April 26), OKCoin users may purchase and sell Dogecoin (DOGE) via the  platform. DOGE will be “available to everyone”… Read More

Gemini’s Crypto Credit Card Set to Launch in Summer 2021

  US-based digital assets firm Gemini announced on Tuesday the details of its first-of-a-kind cryptocurrency rewards credit card, including a partnership with Mastercard and WebBank. The company reported that the credit card, which has more than 140,000 people on its waitlist, will be making its debut… Read More

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