After hitting a high of $19,918 on 1 December, Bitcoin has completely stagnated to consolidate between the ranges of $18k and $20k. Yesterday, a low of $17,610 was registered, but a quick bounce back above $18,000 was soon recorded on the charts. With respect to its price, CME’s derivatives market is now going through a...Read More
When MicroStrategy and Michael Saylor invested close to $425 million in Bitcoin back in August-September 2020, the sole purpose was to preserve its cash reserves’ purchasing power by converting it to Bitcoin. While the benefits were initially highly incremental for the company, MicroStrategy seems to be raising its game now. MSTR’s growing capital in Bitcoin...Read More
A few months following the soft-launch of the DBS Digital Exchange, the Singaporean multinational banking and financial services corporation announced the release of its digital asset trading venue. In addition, the investment holding company Singapore Exchange has announced it will take a 10% stake in the platform. DBS Digital Assets Officially Announced CryptoPotato reported in...Read More
Popular crypto-platform Circle is in the news after it announced the launch of a major platform upgrade. At the core of Circle’s latest platform upgrade will be a new digital currency native treasury account infrastructure – Digital Dollar Accounts. This upgrade will allow users to store value natively in digital currencies while maintaining compatibility with...Read More
As the DeFi space continues to grow, ConsenSys has now announced a new offering from the leading wallet provider MetaMask. It will enable cryptocurrency funds, professional traders, and custodians with institutional-grade controls and applications for decentralized finance. The blockchain technology solutions provider ConsenSys has announced today a new offering oriented toward the growing space of...Read More
2020’s week 50 is upon us right now, with Week 49 being rather quiet for Bitcoin from a price perspective. Between 2 December and 8 December, Bitcoin’s price movement was restricted between $19,800 and $18,400. While the movement on the 8th remained the most significant, the cryptocurrency’s price did remain above $18,800 for the 6...Read More
Users will be able to purchase cryptocurrencies on AAX as long as they have a bank account. They can also cash out their crypto to their bank account. To facilitate users’ access to cryptocurrencies, AAX will be supporting 11 different fiat currencies for direct deposit and withdrawal via bank transfer from December 2020. Supported currencies...Read More
In what is yet another victory for the still-nascent crypto-market, DBS, Southeast Asia’s biggest bank, has announced that it will launch a cryptocurrency exchange. The planned digital currency exchange will offer Bitcoin (BTC), Ether (ETH), XRP, and Bitcoin Cash (BCH). According to a statement made by CEO Piyush Gupta, DBS Digital Exchange would be the...Read More
Enterprise-geared, high performance decentralized blockchain platform aelf launched its highly-anticipated mainnet on December 10th! What you have to know about aelf mainnet launch Roadmap aelf team said they will push the mainnet work in stages according to the latest mainnet roadmap. Phase 1 is mainnet security monitoring. In this phase, the main-chain and side-chain of...Read More
Ripple CTO David Schwartz Ripple is in the news after he commented on Ripple’s strategy for expansion and enterprise adoption of payment solutions during the recent Uphold webinar. More specifically, Schwartz explained the reasons why this has been Ripple’s focus for the past few years. According to the exec, the separation of payments and settlements...Read More
XRP holders are eligible for the upcoming SPARK token airdrop. Below is everything you need to know about it and the exchanges that have announced support for it. The XRP community is getting excited about the SPARK (FLR) token airdrop as the date draws near. Only users who hold XRP are eligible for the airdrop,...Read More
Bankhaus von der Heydt (BVDH), one of Europe’s oldest banks, and German tokenization and digital asset custody provider Bitbond are joining forces to issue a Euro-pegged (EUR) stablecoin (EURB) on the Stellar network. The EURB stablecoin will be the first stablecoin issued directly by a banking institution on Stellar and one of the first of...Read More
The Ethereum Fund IPO is anticipated to close on December 10th, 2020 after which the Toronto Stock Exchange will list the asset under the symbol QETH.U. The news is big for Ethereum as noted by Gemini founder Tyler Winklevoss who added that all of the ETH raised by the fund will be held by Gemini...Read More
