Cryptocurrency Analysis and News Portal
Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public.Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited investors exclusively. The Bakkt App is the firm’s first retail-facing crypto initiative.Bakkt’s app was
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New opportunities arise during each Bitcoin bull run. The current ebullience has been driven by an influx of institutional investors, along with major payment providers like PayPal and Mastercard. But why are they here to begin with? Much of the recent enthusiasm can be attributed to the vast and vociferous audience
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Users expect exchanges to find a balance between trading experience and security. An average trader requires a secure, fast, compliant, and flexible trading terminal.Blockchain and the tokenization of assets are changing the world as we know it. From logistics to entertainment, hospitality, and healthcare, this nascent tech is redefining the
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Crypto capital markets firm CrossTower is launching a hedge fund at the end of the month in a bid to compete with Grayscale’s Bitcoin Trust (GBTC) and other bitcoin funds for accredited investors.Similar to how Tesla’s boom created a larger demand for electric-vehicle stocks, the success of GBTC with $20
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According to research by Messari, the top three online brokerage firms in Japan are experiencing surging revenue from their cryptocurrency exchange services.In its Asian Crypto Landscape report, Messari noted the operating revenue and net worth of exchange platforms operated by Japan’s top securities brokers is quickly catching up to that
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Huobi, the third-largest crypto exchange by derivatives trading volume, is now giving users a way to earn relatively attractive interest rates on a bitcoin or USDT savings account. The product, launched Sept. 7, is the exchange’s latest bid to beat its competitors as it boosts its assets under management. Huobi’s addition
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Having launched in 2014, BitMEX enjoyed many years as the only fish swimming in the cryptocurrency derivatives pond. However, in recent times, it has found itself surrounded by an increasing number of competitors, both large and small.OKEx, Huobi, and Binance have all expanded from the spot markets into the crypto
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At Consensus Distributed on May 12, Blockstream presented Lightnite, a Fortnite-like game that uses the Liquid Network for storing non-fungible tokens (NFT) representing game items.While the game is developed by independent company Satoshi’s Games, Blockstream has sponsored the game by running a token giveaway. The announcement has garnered a considerable amount
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Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups.With its new phase announced on March 20, the initiative is reportedly backed by
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The Central Bank of Brazil (BCB) has announced a plan to launch a new near-instant payment system during November.The platform, called the Brazilian Instant Payment Scheme (PIX), will facilitate peer-to-peer and business-to-business transactions in 10 seconds or less via mobile phone, internet banking, or select ATMs. According to a press
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