Tagged: digital assets

January 6, 2021 @ 5:42 pm By Omar Faridi  |  

Hedge funds are increasingly looking to San Francisco-based Coinbase for innovative portfolio solutions, the cryptocurrency exchange claims. Coinbase was reportedly chosen as a full service partner and custodian by One River Asset Management. Brett Tejpaul, Head of Institutional Sales, Trading, Custody and Prime Services, notes… Read More

January 5, 2021 @ 9:08 am By Samantha Hurst  |  

Liechtenstein Cryptoassets Exchange (LCX) announced on Tuesday the launch of its regulated and compliant digital currency exchange. LCX reported it secured approvals of eight licenses under the new blockchain laws in Liechtenstein last week. The LCX Exchange describes itself as a regulated trading venue offering a… Read More

January 5, 2021 @ 8:04 am By Omar Faridi  |  

Blockchain.com, a leading cryptocurrency wallet provider, trading platform, and block explorer service, revealed on January 5 that it will be halting XRP trading, beginning on (Thursday) January 15, 2021. Blockchain.com’s management confirmed that because of the US Securities and Exchange Commission’s (SEC) recent action against… Read More

January 4, 2021 @ 9:19 pm By Omar Faridi  |  

Bitcoin could potentially quadruple this year as the digital asset is currently experiencing a massive rally that’s somewhat comparable to the historic crypto bull market of late 2017, according to Fundstrat Global Advisors’ Thomas Lee. Bitcoin’s (BTC) near 300% price increase in 2020 might be… Read More

January 4, 2021 @ 7:15 pm By Omar Faridi  |  

Digital asset exchange Kraken notes that 2020 “proved a wild year” for cryptocurrency investors as prices recovered from steep lows to their all-time highs. However, Kraken claims that it “navigated a steady course and continued to shepherd industry growth.” According to Kraken, there’s a “paradigm… Read More

January 4, 2021 @ 11:45 am By Samantha Hurst  |  

  Hong Kong-based Crypto.com recently announced that users may now deposit ADA, ALGO, ATOM, VET, LINK, and WBTC as collateral on Crypto Credit, and instantly secure a loan at a 50% loan-to-value (LTV) ratio. According to Crypto.com, Crypto Credit allows users to monetize their crypto… Read More

January 3, 2021 @ 10:55 pm By Samantha Hurst  |  

Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, recently announced it will acquire Vigor Crypto Holdings, a cryptocurrency firm, as a wholly owned subsidiary under Xalles Capital Inc. Xalles notably claims that Vigor Crypto has been enhancing its cryptocurrency… Read More

January 2, 2021 @ 3:28 pm By Omar Faridi  |  

Binance, the world’s largest digital asset exchange, says it remains committed to innovating in 2021 in an increasingly “decentralized” world. Binance CEO Changpeng Zhao or CZ has shared his thoughts and reflections looking back at 2020 and the firm’s goals for the new year. Zhao… Read More

January 1, 2021 @ 11:10 pm By Omar Faridi  |  

Pete Kim, who has helped build the USDC stablecoin version 2.0 and the Coinbase Wallet, has published an update on upgrading one of the world’s largest digital assets, USDC, which is an (Ethereum) ERC-20 compliant token. Kim explains that USD Coin (USDC) is a stablecoin… Read More

December 31, 2020 @ 2:25 pm By Omar Faridi  |  

Vladimir Zhuravlev, a Gravity Tech and Waves Association developer, notes that for several years, the Odyssey hackathon (held in the Netherlands) had offered opportunities for software engineers to collaborate on various projects. Zhuravlev revealed that this year, Odyssey was hosted online for the very time… Read More

December 31, 2020 @ 8:04 am By Omar Faridi  |  

78% of the circulating Bitcoin (BTC) supply is now “illiquid and therefore hardly accessible for buying,” according to crypto data provider glassnode. 78% of the circulating #Bitcoin supply is illiquid and therefore hardly accessible for buying. This points to a bullish investor sentiment as large… Read More

December 30, 2020 @ 1:40 pm By Omar Faridi  |  

Bitcoin (BTC), the flagship digital currency, has hit yet another all-time high of over $28,500 as  Blackrock, the largest asset manager, seeks a Bitcoin and Blockchain lead. But a report from OKCoin asks whether BTC is due for a correction, which was a question many… Read More

December 29, 2020 @ 10:22 pm By Omar Faridi  |  

Digital asset exchange Huobi noted earlier this month that the ongoing upgrade of Ethereum (ETH), the world’s largest platform for building decentralized applications (dApps), is expected to make the original smart contract enabled blockchain “much more usable, scalable, and effective” — but it will also… Read More

December 29, 2020 @ 6:38 pm By Omar Faridi  |  

Nic Neuman from Casa says that the biggest security problem that Bitcoin (BTC) has is its user experience (UX). This past October 2020 marked the 12th anniversary of Satoshi Nakamoto’s Bitcoin whitepaper. During this relatively short period of time, Bitcoin has fundamentally transformed “the way… Read More

December 29, 2020 @ 11:35 am By Samantha Hurst  |  

Grayscale Investments, a digital asset management firm that offers retail investors the ability to invest in crypto via listed funds, revealed on Monday it has reached $19 billion in AUM. This milestone comes just a little over a month after Grayscale announced it had more… Read More

December 29, 2020 @ 8:04 am By Omar Faridi  |  

San Francisco based crypto exchange Coinbase announced on December 29, 2020, that it will be suspending XRP trading beginning on January 19, 2021. The leading digital asset exchange confirmed that “in light of the US Securities and Exchange Commission’s (SEC) recent action against Ripple Labs,… Read More

December 28, 2020 @ 9:23 pm By Omar Faridi  |  

It’s been a very challenging year due to the global COVID-19 pandemic, however, Bitcoin (BTC) is on a record-breaking streak since March 2020, which was when it initially crashed (below $4,000) along with the broader financial markets. But after that, the leading cryptocurrency recovered and… Read More

December 28, 2020 @ 12:42 pm By Samantha Hurst  |  

OKEx, a top 20 crypto exchange, announced on Monday the launch of real-time settlement for all perpetual swaps, futures, and options contracts that are coming soon to the platform. According to OKEx,  the new feature will provide a better trading experience for users, improve the… Read More

December 27, 2020 @ 11:42 pm By Samantha Hurst  |  

  BitGo, a digital asset financial services provider, recently announced it has hit $16 billion in digital assets under custody (AUC) milestone. Founded in 2013, BitGo describes itself as the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and… Read More

December 27, 2020 @ 2:31 pm By Omar Faridi  |  

Kraken recently announced that crypto exchange pioneer Miha Grčar has joined the US-based digital assets exchange as its Head of Business Development. Kraken’s management confirmed that they’re looking forward to working with Miha Grčar, a pioneer of the digital currency exchange sector. As mentioned in… Read More