JPMorgan Chase was accused of charging massive fees and higher interest through cash advances on customers’ crypto purchases using the Chase Bank credit cards.
The expiration of $328 million in BTC derivatives can lead to more volatility. Now Bitcoin price has gone slightly below the $9,500 level.
The characteristics of immutability, security, consensually and transparency of the blockchain, the technology that supports the Bitcoin system, have made it attractive in many other sectors.
CFDs limit the risks when it comes to trading cryptocurrencies. CryptoAltum offers such an option as anonymous trading and doesn’t charge deposit or withdrawal fees.
Human Resource and Payroll service Bitwage launches Bitcoin 401(k). The new product is set to help employers meet the PPP requirements. It was rolled out in partnership with Gemini, Kingdom Trust and Leading Retirement Solutions.
Top U.S.-based cryptocurrency exchange Gemini has announced integration with Samsung Blockchain Wallet to allow easy accessibility to its trading app by the users of the wallet.
Kevin Rooke reported that Grayscale Investment had increased its purchase rate of new Bitcoins mined after the halving event by 150%, which demonstrates an increased demand for the cryptocurrency.
Bakkt’s physically settled BTC contracts has seen larger open interest for May expiry in comparison to CME’s cash-settled ones as institutional interest in the crypto market is on a surge.
Revolut revealed the data that shows how the coronavirus lockdown has influenced the habits of its app users. The number of users trading crypto has grown.
Goldman Sachs said Bitcoin and other cryptocurrencies can’t be treated as an asset class because of its inability to generate returns in tune with global economic growth. Experts from the crypto-world slammed Goldman for its yet another Bitcoin-bashing rhetoric.
Cryptocurrencies continue correcting without making any significant movements.
Cryptocurrency asset trading and custodian BitGo is expanding its offering for institutional traders with the news BitGo Prime platform.
Today there is a huge number of cryptocurrency exchanges that are competing for winning attention. Here are our picks for the three of them to keep an eye out for.
Laszlo Hanyecz mined around 100,000 BTC in total, and about half of it went to pizza. If we use the historical maximum price of $20,000, then 50,000 BTC comes out to $1 billion.
U.S.-Mexico remittances are tilting towards the crypto space. This comes as Ripple indicates that XRP transfers account for about 10% of these cash flows.