Bitcoin Global Introduces Tether (USDT) Trading

The Peer-to-Peer (P2P) cryptocurrency exchange Bitcoin Global has announced to introduce the stablecoin Tether (USDT) trading on its trading platform. The company announced the trading support for Tether after the customers’ demand for the stablecoin increased. Bitcoin trading is already supported on the platform of Bitcoin Global. USDT trading is now available on Bitcoin Global…

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A Report Says Institutional Investors Are Looking at Bitcoin (BTC) in the Long-Term

Recently, a report entitled “Institutional Investors Turn ‘Hodlers’ on Bitcoin Futures Market” was published by cryptocurrency derivatives trading platform ZUBR according to which institutional investors are looking at the world’s largest cryptocurrency by market cap Bitcoin (BTC) while betting money on the long-term performance of the coin. Furthermore, the report revealed the fact that institutional…

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Bitfinex Is Now Offering 6.2% Interest on BTC, ETH, XRP

The top cryptocurrency exchange Bitfinex has announced that it will offer users an annual interest on three top cryptocurrencies. Users can now earn interest on three major digital currencies Bitcoin (BTC), the largest cryptocurrency in the world by market cap, Ethereum (ETH), the second-largest digital currency, XRP, the fourth-ranked cryptocurrency. An annual interest of up…

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New Global Survey: 60% of Financial Institutions Believe Cryptocurrencies are Risky

A new global survey has revealed that most of the financial institutions have some concerns regarding cryptocurrencies. According to the survey conducted by the Association of Certified Anti-Money Laundering Specialists and the Royal United Services Institute, over sixty percent of financial institutions consider cryptocurrencies risky. While on the other hand, government officials also participated in…

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EY Announces the Launch of a New Tool For Analyzing Data on Bitcoin Blockchain

According to a press release published recently, the multinational professional services firm Ernst & Young (commonly known as EY) has rolled out a new solution for investigating on-chain data. Basically, this new tool which is known as Explorer & Visualizer has been developed as an expansion of the EY Blockchain Analyzer product suite. Beta Version…

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Grayscale Investments Purchases Another 17,100 BTC

Grayscale Investments Trust has reportedly purchased another 17,100 BTC with an investment of almost $186 million. With this purchase of BTC, Grayscale Investments’ total Bitcoin (BTC) holdings have also increased to approximately $6 billion as well. According to the latest report shared by Grayscale Investments, total assets under management (AUM) by Grayscale Investments Trust now…

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Which Blockchain-Related Stock Should You Be Looking Out for in 2020?

Bitcoin uses blockchain technology to trade digital currency. Blockchain is more of a digital distributed ledger that enables information to be recorded, maintained, and also shared by people. It uses technology that underpins Bitcoin and other cryptocurrencies. Investing in blockchain stocks is a great financial decision today as blockchain technology continues to expand. Several emerging…

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