Cryptocurrency Daily Roundup – May 23

Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours. New York Supreme Court Grants Bitfinex Stay Of Document Demands From NYAG Cryptocurrency exchange Bitfinex, and its affiliated stablecoin issuer Tether, announced that the New York Supreme Court has granted its motion for an immediate stay of the document demands from […]

Read more

Coinbase Commerce Adds Support for Circle’s USD Coin (USDC) | BTCMANAGER

U.S.-based Cryptocurrency exchange Coinbase on May 20, 2019, announced that its merchant-oriented service Coinbase Commerce now accepts U.S. dollar-pegged stablecoin USD Coin (USDC). Coinbase Commerce Adds Support for USDC In a bid to foster the adoption of digital currencies among merchants and business owners, Coinbase Commerce has integrated Circle’s stablecoin USDC. This gives the platform’s users not only the option […]

Read more

Institutional Investors Account for 60% of trading on Coinbase Pro

Coinbase CEO, Brian Armstrong, has revealed that institutional investment accounts for 60% of trading on its professional trading platform, Coinbase Pro. Armstrong was speaking to Fred Wilson, Coinbase investors and co-founder of Union Square Ventures at the Blockchain Week NYC. Armstrong spoke of the growth in institutional investment, As we’ve gotten going, institutions have become a bigger and bigger part […]

Read more

Report: Coinbase Negotiates Acquisition of Xapo’s Bitcoin Custody Business

American major cryptocurrency exchange Coinbase is reportedly negotiating the acquisition of the bitcoin (BTC) custody business of cryptocurrency wallet provider Xapo, technology-focused media outlet the Block reported on May 16. Sources familiar with the matter reportedly told the Block that Coinbase has been vying with the digital currency wing of United States financial services giant Fidelity, Fidelity Digital Assets, for […]

Read more

Coinbase Shocks Us and Offers XRP to New Yorkers

Here’s something that’s a big deal. Cryptocurrency exchange Coinbase – arguably one of the biggest and most popular digital asset trading platforms in the United States – has announced that New York residents will have the option of trading, selling and purchasing units of XRP, the official cryptocurrency of digital coin company Ripple. A Big Change of Heart Why is […]

Read more
1 2 3 32