Learn How Trade Crypto
U.S.-based crypto startup Abra is adding a new feature to its blockchain-based app that will allow global users to buy portions of traditional investment instruments. Announcing the news on Wednesday, Abra said the app will utilize the bitcoin blockchain and smart contracts technologies to support fractional investments in stocks, exchange-traded funds (ETFs). The app already […]
The Dollar Index (DXY) is a strong indicator of the strength or weakness of the US Dollar compared to other major currencies. As the price of Bitcoin (BTC) is predominantly paired to the US Dollar on most exchanges, it is reasonable to see that movements in the Dollar Index (DXY) have important consequences for the […]
A crypto company has signed a memorandum of understanding with a university in the United States with the aim of building the cryptocurrency model envisaged by Satoshi Nakamoto when the Bitcoin network was launched 10 years ago. SovereignWallet says it will be collaborating with the University of Southern California’s Viterbi School of Engineering to develop […]
Nasdaq Inc. and Citigroup Inc. are among firms that are investing $20 million in Symbiont.io Inc., a New York-based company that’s applying blockchain technology to capital markets. Their support for Symbiont shows Wall Street’s enthusiasm for the technology behind Bitcoin hasn’t completely cooled with the collapse in cryptocurrencies. And it comes despite a growing pragmatism about the technology’s […]
Los Angeles-based cryptocurrency company Bitcoin IRA has announced the launch of a turnkey white-label solution for enterprise businesses. Targeted to financial advisors, registered investment advisors (RIAs), wealth managers and other licensed money managers, this system will allow their customers to invest in Bitcoin-based retirement funds. Discover iFX EXPO, Your Gateway to Asian Markets! Commenting on the launch […]
In the US state of Colorado, two lawmakers have recently introduced legislation which looks to exempt cryptocurrencies like Bitcoin and Ethereum and other digital tokens from securities law. Late last week, the Republican Jack Tate and the Democrat Stephen Fenberg both filed a bill called the “Colorado Digital Token Act”. This act proposes that digital tokens with […]
Another alumnus of Coinbase has left the cryptocurrency industry unicorn for a smaller startup. Vaishali Mehta, who worked as a senior compliance manager at Coinbase from November 2017 to November 2018, joined TrustToken last month as head of compliance, according to her LinkedIn profile. TrustToken, the company behind the TrueUSD stablecoin, confirmed the hire. Neither Coinbase nor […]
A Nasdaq-powered crypto startup plans to let its clients indirectly purchase shares of major firms through a token-based platform. Estonia-based DX.Exchange announced Thursday that it would launch its trading platform on Jan. 7, allowing its clients to purchase crypto tokens representing shares in different tech firms listed on the Nasdaq exchange. Customers will be able […]
Although the traditional equities markets and the crypto markets don’t have a ton in common, they both had a rough 2018, and investors in both markets are hoping that 2019 proves to be different. Despite being a rough year price-wise, many analysts see the drops in both markets as being temporary, which could mean that […]
Over the last 24 hours, the crypto market demonstrated one of the strongest single-day rallies since November, as Bitcoin (BTC)rebounded by more than 11 percent from $3,181 to $3,541. EOS, which was the sixth most valuable cryptocurrency last week ranked behind Tether (USDT) and Stellar (XLM) overtook Stellar with a staggering 35 percent price surge from $1.94 to $2.62. Since […]