New numbers from the digital asset management giant Grayscale show investors are collectively throwing big money into Ethereum for the first time, on top of record investment numbers for Bitcoin.
According to Grayscale’s Q1 2020 report, institutions are taking a serious interest in ETH, enough to print a record quarterly inflow into the Grayscale Ethereum …
Central banks push for heavy-duty regulation of centralized, privately-issued global stablecoins and consider prohibiting decentralized ones. Fiat-pegged cryptocurrencies are coming under scrutiny, based on recommendations from the Financial Stability Board.
Key Takeaways
The Financial Stability Board (FSB) outlined ten recommendations to central banks for regulating stablecoins, including outright prohibition.
The FSB is an international entity that provides …
Institutional investors at Fidelity Digital Assets can now trade Bitcoin on the US-based exchange ErisX.
Through a strategic partnership designed to increase cryptocurrency exposure for big players, Fidelity’s “stable of vetted institutional investors” will have increased access to Bitcoin liquidity, according to a press release from ErisX.
Says Thomas Chippas, CEO of ErisX,
“Our time-tested and proven …
Many of you probbaly have painful memories of Bitcoin’s 50% flash crash on March 12.
Well, on Monday (March 30), Coinbase talked about this crash, as well as how its users reacted to this event.
The question that Coinbase’s blog post attempted to answer was the following: if Bitcoin is an uncorrelated asset that is meant …
As reported by Les Echos, Bitcoin now has the official status of money in France. BTC was acknowledged by the court in a decision regarding cryptocurrencies in late February but was made public only now.
Les Echos now expects this decision to improve the situation with Bitcoin transactions and boost BTC liquidity.
French court calls Bitcoin …
South Korea is following in the footsteps of India in terms of legalizing cryptocurrency trading and holding after passing a new amendment a few hours ago. From now on, digital assets are entirely legal in the East Asian nation.
Cryptocurrencies Now Legal In South Korea
Cryptocurrency trading is now entirely into the legal system for the …
In a Reuters exclusive today, the breaking news outlet reported that banking giant JPMorgan’s blockchain unit “Quorum” and Joseph Lubin’s Ethereum accelerator ConsenSys are discussing a merger, “according to people familiar with the plans.”
A JPMorgan and ConsenSys marriage on the cards?
JPMorgan currently employes a team of around 25 people in its Quorum blockchain unit. …
While many continue to focus on Bitcoin’s price, its network has set a new record in its hourly USD transaction volume, recent data by Glassnode reveals.
For the first time in history, the network processed a total of $8.9 billion in on-chain transactions in a single hour on Dec 4th, a sign of a …
Privacy-focused Brave browser seems to be making huge strides in Spain, where it is currently ranking 10th in the communications category on Google Play Store. The ranking prioritizes engagement over the number of downloads, which shows that the browser has been increasing in popularity in Europe.
Brave moves up on the Google Play Store
Created to …
Cryptocurrency trading and payments in Portugal are tax-free, the European country’s tax authority has clarified.
Local business newspaper Jornal de Negócios reported the news earlier this week, saying that the authority has said that both cryptocurrency trading in real currencies and remuneration in cryptocurrencies are exempt from value-added tax (VAT).
The agency reportedly provided the clarification …
Bitcoin(BTC)
Ethereum(ETH)
Bitcoin Cash(BCH)
Litecoin(LTC)
