Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly. Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund […]
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The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies. United Kingdom cryptocurrency custodian Copper announced support for United States dollar transfers through Signature Bank’s Signet blockchain payment platform. According to an announcement on July 20, the integration of Signature Bank’s Signet […]
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The popular stock and crypto trading app has put its global expansion plans on hold. Robinhood, the Silicon Valley-based stock and cryptocurrency investing app popular among younger generations for its “gamified,” user-friendly interface and zero-fee trading, has reportedly decided to abort its launch in the United Kingdom “indefinitely”. According to CNBC on July 21, Robinhood […]
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Jamaica’s central bank has invited technology solution providers to develop and test a potential CBDC. The Bank of Jamaica invited technology solution providers to develop and test potential central bank digital currency, or CBDC, solutions. According to a statement published July 17, interested companies have been requested to submit the details of their solutions to […]
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The price of Bitcoin surpassed $9,300 for the first time since July 13 but traders are still cautiously optimistic about the trend of BTC. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, surged past $9,300 on July 21 for the first time in over a week. Following a low-volatility range, traders are […]
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Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he […]
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Suspicion is mounting as CoinMarketCap defends its listing methodology and denies Chainlink paid for exposure. Cryptocurrency ranking resource CoinMarketCap is facing a backlash after listing Chainlink (LINK) as the biggest DeFi token by market cap. The website’s new DeFi section lists what executives consider to be the most important altcoins in the space, which is […]
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CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. FinTech company CoolBitX may have a solution for countries that have not yet complied with the Financial Action Task Force’s “travel rule”. According to a statement from CoolBitX shared with Cointelegraph on July 21, […]
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Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets. Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts. In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) […]
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eToro users eased up on every cryptocurrency in Q2 2020 with the exception of Tezos, according to the brokerage firm’s latest report. eToro experienced a decline in growth of investor interest in every cryptocurrency except Tezos (XTZ) in the second quarter of 2020. Top 5 cryptocurrencies by the growth in number of eToro users investing […]
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