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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Spanish Police Have Arrested A Member of Colombian Cali Drug Cartel For Crypto Money Laundering

Kavon Hyatt | November 11, 2020 | Leave a comment

A suspected member of the Colombian Cali Drug Cartel who is accused of cryptocurrency money laundering has been detained by the national police of Spain. The man has not been clearly identified by the authorities of Spain however they...

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Swiss Crypto Bank Announces Tezos Staking With an Annual Reward of Up to 5%

Kavon Hyatt | November 8, 2020 | Leave a comment

Sygnum, a regulated cryptocurrency bank based in Switzerland, has announced the launch of a staking service for XTZ the native digital token of the Tezos blockchain. Users will also be offered annual rewards on Tezos staking.  As per the...

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Bitcoin Nears $15,000 As BTC Bulls Are Ready to Take on $14.9k Resistance

Kavon Hyatt | November 5, 2020 | Leave a comment

After breaking above $14,500, the price value of Bitcoin (BTC) is continuously going high breaking back to back crucial resistances. Just a while ago, the major digital currency has surged above $14,800 within the duration of no time by...

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GBTC Is On Its Way to Hit 500K BTC As It Sees a Record Weekly Inflow of $250M

Kavon Hyatt | November 4, 2020 | Leave a comment

Cryptocurrency asset management firm Grayscale Investments is continuously seeing a major inflow of Bitcoin (BTC) into its Grayscale Bitcoin Trust (GBTC) which is by far its largest trust fund. GBTC has witnessed a record weekly inflow of around $250...

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