Bitcoin

Wall Street’s Interest in Crypto May be Dwindling, But the Markets Don’t Seem to Care

Ever since Bitcoin began plummeting from its late-2017 highs of nearly $ 20,000, the crypto community has been looking towards institutional and corporate investments as the next potential source of capital that could lead the markets to surge back towards, or above, their all-time highs. Despite this, the Bitcoin ETFs that many investors were looking […]

Altcoins

Biggest US Exchange Will Pay Institutional Investors Interest on ‘Staked’ Cryptocurrencies

Bitcoin exchange giant Coinbase is introducing a new space for investing by launching a program that offers institutional investors the option to earn interest on specific cryptocurrencies they hold. 5-8% Interest For Coinbase Custody Customers The San-Francisco based exchange allows customers to buy and sell several cryptocurrencies. It also operates Coinbase Custody, which provides fund […]

Bitcoin

Founders of Apple, Tesla, and Twitter All United by Interest in Bitcoin, But Will This Help Adoption?

Although Bitcoin has been caught in a persisting bear market for well over a year, multiple major tech gurus and visionaries from some of the largest companies in the world – including Apple, Tesla, and Twitter – have lauded the cryptocurrency in recent times, signaling that Bitcoin and crypto in general may soon become the focus […]

Ethereum

Ethereum Core Developer Quits Social Media Over ‘Conflict of Interest’ Attacks

Ethereum core developer Afri Schoedon is taking a step back from social media due to an onslaught of online criticism. Tweeting Sunday that he will “no longer respond on Gitter, Skype, Discord, Slack, Wire, Twitter and Reddit,” Schoedon said that for the foreseeable future he would no longer answer contribution requests or general technical questions directly […]

Bitcoin

Novogratz: Interest Left Crypto for Macro, But Bitcoin Will Emerge As Store of Value

Outspoken Bitcoin bull and founder of the cryptocurrency-focused Galaxy Digital, Mike Novogratz, believes that investor interest in cryptocurrencies like Bitcoin and Ethereum have left the market for macro trading. Despite this, Novogratz still expects Bitcoin to emerge as a digital store of value in the end. Novogratz: Investors and Traders Ditch Crypto for Macro Trading […]

Altcoins

Stablecoin Company Tether Ltd. Made $6.6 Million in Interest from January to July 2018, Report Does Not Confirm Full Cash Reserves

Advertisement An investigative report by Bloomberg News has revealed that Tether makes a substantial amount of interest on its US Dollar reserves. The US Dollar reserves are kept in banks across several jurisdictions including Canada, the Bahamas and Puerto Rico. According to bank statements seen by Bloomberg, Tether earned at least $ 6.6 million in interest between […]