Tag Archives: Cryptocurrencies

Japanese Company Launches New Stablecoin Pegged to the US Dollar

Japanese Company Launches New Stablecoin Pegged to the US Dollar

A Japanese company has launched an ERC-20-compliant stablecoin that it says offers “absolute decentralization, maximum security and a reliable source of stability in the face of volatility.” As its name suggests, USDDex is directly pegged to the United States dollar, helping traders to move their money into crypto without exposing themselves to the erratic price […]

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 […]

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 […]

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 […]

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 […]