Global Cryptocurrency Trading Volumes Jump to 300-Day Highs

Global Cryptocurrency Trading Volumes Jump to 300-Day Highs

The total volume of all cryptocurrency trading as tracked by market metrics leader Coinmarketcap hit a 300-day high Tuesday, reaching $33.85 billion, the most observed in 10 months. As such, the data point is the latest to suggest that trading activity in the cryptocurrency markets is increasing – Coinmarketcap tracks the aggregate trading volume of 2,074 cryptocurrencies, including […]

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

Countdown Restarts Tomorrow for SEC Decision on CBOE-VanEck Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) may make an initial decision on not one, but two different bitcoin exchange-traded fund (ETFs) proposals by April 5. A bitcoin ETF proposal submitted (for a second time) by VanEck, SolidX and the Cboe BZX Exchange is expected to be formally published in the Federal Register Wednesday, kicking off the initial […]

BitGo Offering $100 Million in Crypto Insurance Through Lloyd’s of London

BitGo Offering $100 Million in Crypto Insurance Through Lloyd’s of London

Crypto security company BitGo is making good on plans to facilitate insurance for digital assets by providing $100 million of cover against theft or the loss of cryptographic keys via the Lloyd’s of London insurance market. The announcement comes in the wake of the QuadrigaCX debacle, where the exchange announced it could not access its […]

Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions

Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions

t’s time institutional whales put their money into cryptocurrency according to major investment management firm Cambridge Associates. IT’S TIME TO ‘BEGIN EXPLORING’ SAYS CAMBRIDGE ASSOCIATES The Boston-based consultancy only advises major institutions who manage more than $300 billion worth of clients’ assets. Cambridge was quoted in Bloomberg on Monday as saying: “Despite the challenges, we believe that […]

Tim Draper Predicts Crypto Will Rule, Only Criminals Will Use Cash in Five Years

Tim Draper Predicts Crypto Will Rule, Only Criminals Will Use Cash in Five Years

Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18. Reiterating his previous statements predicting that fiat money will become laughable and obsolete in five years, Draper has elaborated on his forecast, stating […]

Most Cryptos See Gentle Green Amid Exceedingly Calm Market Picture

Most Cryptos See Gentle Green Amid Exceedingly Calm Market Picture

Saturday, Feb. 16: Cryptocurrencies are seeing mild price action, with virtually all of the top 20 coins by market cap seeing fluctuations of within 2 percent in both directions on the day, as data from Coin360 shows. Market visualization by Coin360 Top cryptocurrency Bitcoin (BTC) has seen fractional 0.37 percent growth on the day and is trading at […]

Blockchain Analysis Ties 5 Bitcoin Addresses to QuadrigaCX Exchange

Blockchain Analysis Ties 5 Bitcoin Addresses to QuadrigaCX Exchange

Blockchain watchers have identified a group of bitcoin addresses that likely belong to one of the so-called cold wallets of failed crypto exchange QuadrigaCX. The discovery is notable in light of QuadrigaCX’s claim that it has been unable to access these wallets – which held the lion’s share of the $190 million owed to customers – since […]

Status Launches a ‘Tap-to-Pay’ Crypto Hardware Wallet

Status Launches a ‘Tap-to-Pay’ Crypto Hardware Wallet

Status, the ethereum messaging app and mobile browser startup, has relaunched their cryptocurrency hardware wallet under a new name: the Keycard. Developed entirely open-source, the wallet will first be distributed to interested blockchain developers for free and later sold directly from Status’ website at $29 apiece. The hardware, as highlighted by Status project lead Guy-Louis […]