US FDIC Said to Be Studying Deposit Insurance for Stablecoins
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail. The…
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail. The…
The gain comes amid a weak start to October for U.S. stocks. Bitcoin, the largest cryptocurrency by market value, broke above the crucial psychological threshold…
Beijing-based Bitmain will also move most of its production out of southern China and into other countries in response to the latest government crackdown, sources…
The California-based asset manager said the new trusts will reduce volatility through its active management strategy. Quantitative crypto hedge fund Cambrian Asset Management said its…
Global electronic brokerage firm Interactive Brokers Group is teaming up with Paxos to enable crypto trading. Interactive Brokers’ clients can now trade and custody Bitcoin,…
“It is normal for investors to reduce exposure to enter at a lower price,” one observer said. The crypto market is a sea of red,…
“The institutional world is turning cautious on stocks and that is making cryptocurrencies look very attractive,” said one analyst. The world’s largest cryptocurrency is up…
Wealthfront users will now be able to have up to 10% of their portfolios composed of the Grayscale Bitcoin and Ethereum Trusts. Bitcoin (BTC) and…
Wall Street is seeing “too much froth” and current virus jitters are triggering widespread panic selling of every top performing asset, including bitcoin, said one…
Investors are exiting digital asset investment products, including funds focused on bitcoin (BTC, +4.33%) and ethereum (ETH, +14.74%), as a wave of negative sentiment weighs on cryptocurrencies. Net outflows from…
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