Thursday, February 25, 2021
Home > Deposits

No-loss lottery PoolTogether cracks 50 million in deposits after token airdrop

No-loss lotteries appear to have found a snug product-market fit. Just a few days after the airdrop of their governance token, POOL, the self-styled “savings game” PoolTogether has cracked $50 million in total value locked with ease, currently sitting above $51 million spread between DAI, USDC, UNI, and COMP lottery pools.

Read More

Robinhood to Allow Deposits, Withdrawals for Cryptos Including Dogecoin

Online brokerage app Robinhood says it plans to enable withdrawals and deposits of cryptocurrencies including dogecoin.In a tweet Wednesday, the app provider said it “fully intends” to provide the extra functionality, though not date is provided for when it might be activated. Currently, traders can only buy and sell crypto

Read More

Binance Suspends Deposits in Nigeria Following Central Bank Directive

Binance has temporarily suspended deposits in Nigerian naira – the country’s local fiat currency – in response to a Friday letter from Nigeria’s central bank (CBN) instructing local banks to identify and close all accounts tied to cryptocurrency platforms or operations.The CBN letter told local banking institutions that dealing in

Read More

Gemini Earn: New Banking-like Interest Earning Opportunity on Crypto Deposits

The new Gemini Earn crypto-interest product seamlessly integrates with some of the company offerings like Gemini custody and exchange services.On Tuesday, February 2, cryptocurrency exchange Gemini announced its new interest-earning product Gemini Earn on cryptocurrency deposits. The new product allows investors to take a 7.4% annual-percentage-yield (APY) on the crypto

Read More

Signature Bank Crosses $10B in Deposits From Crypto Customers

Deposits from digital currency customers now make up nearly 16% of total deposits at New York’s Signature Bank. In an earnings call Thursday, Signature revealed that deposits from customers in the crypto industry now total $10 billion – twice that of California rival Silvergate Bank.“We’ve clearly become the preeminent player in that

Read More

Huobi Now Supports RUB Deposits and Withdrawals, Announces Crypto Purchase Campaign

The global crypto exchange leader, Huobi has announced support for the Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform. The new feature is introduced in collaboration with also enables users to purchase popular cryptocurrencies like BTC, ETH, LTC, USDT, EOS, BCH, ETC,

Read More

Bitcoin Whales Are Making Fewer Deposits of BTC to Crypto Exchanges

Summary:Bitcoin whales are depositing less BTC to crypto exchangesThis is a possible sign of seller exhaustion by Bitcoin whalesInstitutional investors continue scooping up BTCBitcoin could very well attempt a $30k all-time highBitcoin whales are making fewer deposits of their BTC to crypto exchanges. This is according to an analysis by

Read More