Bitcoin

CryptoCompare Partners with Thomson Reuters to Provide Data on Crypto Markets

A respected cryptocurrency market data website has partnered with Thomson Reuters. Going forward, CryptoCompare will provide data for the media and information firm’s market analysis platform Eikon. Partnership Brings More Functionality to Eikon Market Data Platform The partnership between CryptoCompare and Thomson Reuters will see the former providing market data for 50 of the top […]

Crypto News

$10.7 Trillion Custodian Northern Trust Helping Hedge Funds Invest in Bitcoin

Advertisement Financial services giant Northern Trust, which ranks 486th on the Fortune 500 list of the largest U.S. companies, has begun to wade into the cryptocurrency ecosystem. Northern Trust Offers Services to Crypto-Curious Hedge Funds Forbes reports that the 129-year-old Chicago-based firm, which caters to institutional investors, corporations, and high net worth individuals, has begun […]

Crypto News

Cryptocurrency Exchange Binance Buys Ethereum Wallet Service in First-Ever Acquisition

Advertisement Binance, one of the world’s two largest cryptocurrency exchanges, has just completed its first-ever acquisition. According to TechCrunch, the Malta-based exchange operator acquired Trust Wallet, creator of the eponymous mobile Ethereum wallet that includes support for ether, as well as ERC-20 and ERC-223 tokens. Terms of the deal have not been disclosed, but Binance […]

Altcoins

No Biggie: McDonald’s Own ‘Currency’ Is Just A (Physical) Commemorative Coin

McDonald’s will celebrate the 50th birthday of its flagship Big Mac burger by issuing its own “tangible” currency, the company revealed this week. MacCoin ‘Transcends Currencies’ As the company explains in a press release Sunday, the ‘currency,’ dubbed ‘MacCoin,’ will serve as a means of rewarding customers with free burgers and also serve as a […]

Crypto News

Crypto Daily News: NFL Strikes Crypto Deal; Bitcoin (BTC) Drops Below $8,000

In today’s edition of Crypto Daily News, we’ll cover the NFL’s latest deal in crypto, Thomson Reuters’ partnership with Crypto Compare, and Bitcoin (BTC) dropping below $ 8,000. Crypto Daily News: July 31st, 2018 NFLPA Strikes Crypto Deal Announced this morning, the National Football League Players Association (NFLPA) plans to encourage its members to provide […]

Crypto News

Bitwise CEO Still Hopeful For New Multi-Faceted Crypto ETF

Despite the disappointing verdict for the proposal of the Winklevoss Twins’ Bitcoin-centric ETF, crypto experts still hope that regulators will begin to change their outlook on this emerging industry. BitWise Enters Crypto ETF Race With A Crypto Index Proposal Last week, Bitwise, a San Francisco-based asset management firm, filed a proposition to the SEC, looking to launch […]

Crypto News

Bitcoin is Erasing 300 Years of Monetary Evolution: Nobel Economist Paul Krugman

Advertisement American economist Paul Krugman has taken another swing bitcoin, arguing that the prominent cryptocurrency, as well as its peers, represents a 300-year economic regression and will “likely” experience a “total collapse.” Writing in his regular New York Times column, Krugman — who has at various times published articles lambasting bitcoin as “evil” and “the […]