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Author: Kavon Hyatt

Ripple Is Looking To Hire Senior Director To Lead its CBDC Strategy

Kavon Hyatt | November 24, 2020 | Leave a comment
The San Francisco-based blockchain payment technology firm Ripple seems to be paying attention to the development of a strategy for Central Bank Digital Currencies (CBDCs). The firm is looking for a person who has expertise in dealing with central...
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World’s Two Largest Altcoins Outshine Bitcoin In Daily and Weekly Price Gains

Kavon Hyatt | November 23, 2020 | Leave a comment
It is very well known in the cryptocurrency industry that when the world’s largest cryptocurrency by market cap Bitcoin (BTC) initiates a bull run it also influences the rest of the cryptocurrency market as well. This is what currently...
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BitMEX Users Now Have Less Than Two Weeks to Meet KYC Deadline

Kavon Hyatt | November 22, 2020 | Leave a comment
The Seychelles-registered major cryptocurrency exchange and derivatives trading platform BitMEX has given a reminder to its users saying that they are now left with two more weeks to complete their verification. The cryptocurrency exchange issued this notification for users...
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XRP Overtakes Tether To Become 3rd Largest Crypto As Price Surges to $0.41

Kavon Hyatt | November 21, 2020 | Leave a comment
Ripple’s native cryptocurrency XRP is no longer holding the fourth spot rather it has moved up on CoinMarketCap. As per CMC data, XRP has become the third-largest cryptocurrency in the world in terms of market capitalization by overtaking Tether...
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Crypto Derivatives Exchange Globe Raises $3M In Seed Funding

Kavon Hyatt | November 21, 2020 | Leave a comment
Globe, a relatively new cryptocurrency derivatives exchange has announced the completion of its seed funding round. In this funding round, the yet-to-launch derivatives exchange is said to have raised an amount of $3 million. Globe intends to use these...
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Switzerland’s SEBA Bank Announces Support for Bitcoin Cash and USD Coin

Kavon Hyatt | November 20, 2020 | Leave a comment
Switzerland-based SEBA Bank has expanded its cryptocurrencies ecosystem by adding two more digital currencies. Reportedly, the Swiss-regulated bank has announced to add support for the seventh-largest cryptocurrency by market cap Bitcoin Cash (BCH) and the second-largest stablecoin USD Coin...
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Binance Filed a Defamation Lawsuit Against Forbes Media Over Leaked Tai Chi Document

Kavon Hyatt | November 20, 2020 | Leave a comment
Changpeng Zhao’s cryptocurrency exchange Binance has sued Forbes Media over a misleading article. The world’s largest digital currency exchange in terms of trading volume had filed a defamation lawsuit against Forbes Media and two of its reporters on Wednesday....
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Bitfinex Derivatives Announces the Launch of Perpetual Contracts For Chainlink, IOTA, and Uniswap

Kavon Hyatt | November 19, 2020 | Leave a comment
The Hong Kong-based cryptocurrency exchange Bitfinex has launched new perpetual swaps for three new products on its derivatives platform. The newly-launched perpetual contracts are for Chainlink (LINK), IOTA, and Uniswap (UNI). As reported by Hedge Week, these swaps are...
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Grayscale’s Bitcoin Trust Now Holds More Than 500,000 BTC

Kavon Hyatt | November 18, 2020 | Leave a comment
The leading cryptocurrency asset management firm Grayscale Investments now has more than 500,000 BTC held in its largest fund Bitcoin Trust Fund (GBTC). This is a major milestone for Grayscale Investments as it now holds approximately 2.4 percent of...
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A Senior Citibank Analyst Expects Bitcoin Price to Hit $318K By Dec 2021

Kavon Hyatt | November 17, 2020 | Leave a comment
The United States-based financial services giant Citibank’s senior analyst Thomas Fitzpatrick has said that Bitcoin may be able to enter into the six-figure price level by the end of December 2021. This extremely bullish prediction by the Citibank analyst...
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