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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Coinbase Custody Launches CELO Staking In Collaboration With Bison Trails

Kavon Hyatt | November 15, 2020 | Leave a comment

The famous San Francisco-based cryptocurrency exchange Coinbase’s custodial arm Coinbase Custody is now offering staking services for CELO the native utility and governance token of the open-source platform Celo. Users can now start staking their CELO tokens in order...

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PayPal Allows All Eligible Users in the US to Buy, Sell, and Store Bitcoin (BTC)

Kavon Hyatt | November 13, 2020 | Leave a comment

The popular online payment firm PayPal has officially rolled out its full cryptocurrency services as the company has now allowed its account holders in the United States to start trading with Bitcoin through its app. In an update on...

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Centralized Lending Platform BlockFi Plans to Roll Out Services in Europe Next Year

Kavon Hyatt | November 13, 2020 | Leave a comment

The New York City-based centralized cryptocurrency lending platform BlockFi is soon going to launch its services across Europe while providing users an opportunity to earn interest in retail products. The crypto lending startup has already begun testing its retail...

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