Coinbase, the largest US cryptocurrency exchange, has added a new digital asset to its custodial service. Matic, the native token of Matic Network, can now be deposited and withdrawn by the institutional firms that utilize Coinbase Custody. Institutional interest in...
iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN) shareholders should be happy to see the share price up 14% in the last week. But will that heal all the wounds inflicted over 5 years of declines? Unlikely. Indeed, the share price is...
Facebook Inc.’s Libra cryptocurrency starts 2020 looking no closer to release, with authorities in its base in Switzerland raising fresh questions about its suitability as a global currency. Swiss finance minister Ueli Maurer said on Dec. 27 in Bern that...
Russia’s new Prime Minister, Mikhail Mishustin, is a former tax man. And he’s coming for Russia’s Bitcoins. Mishustin was the director of the Russian version of the Internal Revenue Service. One of his most noted achievements was to stop fraud in...
It could be an eventful year for trend-based investing. If you ask industry leaders, the long-awaited bitcoin ETF, cannabis plays and ESG (environmental, social and governance) investing will continue to make headlines in 2020 as interest in the groups grows....
Cryptocurrency carries many caveats, some as a result of misconceptions and criminal associations. The biggest barrier to mass adoption remains confidence in the security of digital currency, therefore cryptocurrency exchange Gemini is launching captive insurance company Nakamoto, providing meaningful custody...
Cryptocurrency is nowhere near being adopted by the masses, but thanks in part to a maturing of the market and some stellar returns in 2019, more financial advisors are planning to allocate investment dollars that way. That’s according to a...
SEC chairman Jay Clayton has clarified that Bitcoin is not a security. In an interview with CNBC in June, he stated: “Cryptocurrencies are replacements for sovereign currencies… [they] replace the yen, the dollar, the euro with Bitcoin. That type of...
Bitcoin enjoyed a near 100 percent price gain over the course of 2019, but it otherwise had a tame year to round out the decade. 2019 was also the year that bitcoin’s price movements broke away from the rest of...
The world’s largest cryptocurrency by market capitalization climbed after data provider CoinMarketCap showed a sudden jump in the supply of stablecoin tether (USDT). The 5 percent rise in bitcoin’s (BTC) price initially appeared to be preceded by a $500 million...
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