Tag Archives: crypto

Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

Social Trading Giant eToro Adds Crypto Buying and Selling in 31 US States

Israel-based social investing platform eToro has launched a cryptocurrency trading platform and wallet service in the U.S. The firm announced Thursday that the new platform allows U.S. customers from 31 states and territories to trade 13 unspecified cryptocurrencies. Multi-asset trading is also scheduled for launch in Q1 of next year. eToro’s “social” model allows users to […]

Top Swiss Bank Provides Crypto Storage and Trading Services, Massive For Awareness

Top Swiss Bank Provides Crypto Storage and Trading Services, Massive For Awareness

Julius Baer announced today that it would offer crypto services to its clients all across the world. Switzerland’s third-largest banking giant partnered with a Zug-based startup SEBA Crypto to take advantage of their institutional-grade digital assets solution. The bank said in a press release that the partnership with SEBA would allow them to offer its clients digital assets storage, […]

Coinbase Exchange Users Can Buy and Sell XRP Starting Today

Coinbase Exchange Users Can Buy and Sell XRP Starting Today

Crypto exchange Coinbase is launching support for XRP, the third-largest cryptocurrency by market capitalization. The exchange announced Monday it would be listing XRP on its professional trading platform, Coinbase Pro, in “transfer-only” mode, meaning customers can only deposit tokens to begin with. After a minimum of 12 hours, the company plans to activate other trading services, though […]

University of Michigan Endowment Ups Investment in Andreessen Horowitz Crypto Venture Fund

University of Michigan Endowment Ups Investment in Andreessen Horowitz Crypto Venture Fund

The University of Michigan’s $12 billion endowment plans to bolster its investment in a “cryptonetwork technology fund” (CNK Fund I) managed by American venture capital firm Andreessen Horowitz. The development was revealed in the agenda for the university’s Board of Regents meeting on Feb. 21. According to the document, the endowment had already committed $3 million to CNK Fund I in June 2018 […]

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 […]

American Wholesaler H&M Distributors Starts Accepting Cryptocurrency Payments

American Wholesaler H&M Distributors Starts Accepting Cryptocurrency Payments

H&M Distributors, Inc., an American company that “builds inventory based on the needs [its] customers express”, has announced it will start accepting cryptocurrency payments. Launched in 1997 as a distributor of “shatter-resistant fluorescent light bulbs”, H&M Distributors currently focuses on offering low-cost lampholders, lampholder accessories, and replacement ballasts. In order to provide a wider range of payment […]

Analysts Expect Crypto Markets to Continue Climbing After Yesterday’s Surge

Analysts Expect Crypto Markets to Continue Climbing After Yesterday’s Surge

Yesterday was an incredibly positive day for the crypto markets, as many cryptocurrencies were able to erase several weeks of losses in a matter of mere hours. Litecoin led yesterday’s surge and was able to skyrocket 30%, which led LTC to claim the fourth most valuable spot by market capitalization. Because the markets have been […]