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VanEck: 4 Reasons Why Bitcoin Improves Investment Portfolio Upside

News Major United States investment management firm VanEck has listed four reasons why Bitcoin (BTC) improves an investment portfolio upside. On Oct. 8, VanEck released research titled “The Investment Case for Bitcoin,” aiming to determine what role the cryptocurrency can play in an investment por..

Ex-Fed Official: Ending US Dollar Dominance for Crypto Makes No Sense

News Ex-United States Federal Reserve official Simon Potter has said that proposals to end the U.S. dollar’s dominance by replacing it with a digital currency make no sense. Central banks unlikely to coordinateLast month, Governor of the Bank of England Mark Carney suggested ending the U.S. dollar..

BUSD — Binance and Paxos Stablecoin Latest to Get US Regulator Consent

Analysis Over the course of the past few weeks, the global cryptocurrency community bore witness to two major announcements related to stablecoins — with the first being the launch of Paxos’s gold-backed Ethereum token, PAX Gold (PAXG), and the other being the release of Binance’s cryptocoin backe..

Marshall Islands Launches National Crypto With ‘Fixed Supply’

News The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.” The issuance of the Marshallese sovereign (SOV) was announced in an essay by The Honorable David Paul — Minister In-Assistance to..

Tether Mulls Commodity-Backed Stablecoin to Cut Bank Risk: Report

News Crypto exchange Bitfinex shareholder Zhao Dong has claimed that sister firm Tether plans to release a version of the stablecoin backed by a basket of commodities such as gold, crude oil and rubber. In private correspondence with Cointelegraph on Sept. 3, Dong said that the idea of issuing Tet..

Xendpay Joins RippleNet to Expand Global Money Transfer Services

News Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollarRipple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the Uni..

Bitex Partners With Bantotal For More Cross-Border Payments in Latin America

News Bitcoin (BTC) exchange Bitex has partnered with Uruguay-based financial software company Bantotal in order to expand it cross-border payments system on the Bitcoin blockchain to Latin America. CoinDesk announced the companies’ new partnership in a report on Aug. 13. According to the report, t..

Crypto Derivatives Exchange Blade Raises $4.3M From Coinbase and Others

News A soon-to-launch cryptocurrency derivatives exchange has raised $4.3 million from major investors such as the cryptocurrency platform Coinbase and the investment firm SV Angel. The exchange Blade is scheduled to launch in three weeks’ time. Blade’s funding and plans come by way of a Tech Crun..

TZERO Officially Launches Public Security Token Trading оn Schedule

News Retail giant Overstock’s blockchain subsidiary company, tZERO, has opened up its preferred equity security tokens — dubbed TZROP — for trading by accredited and non-accredited investors. TZERO announced the news in a press release on Aug. 12, the previously proclaimed day of the launch. Accor..

Expert: Walmart Crypto Project More Agreeable to Lawmakers Than Libra

News A senior policy analyst at investment banking corporation Cowen, Jaret Seiberg, said that Walmart’s proposed digital coin should not face as much regulatory pushback as Libra, Facebook’s proposed virtual currency. As Bloomberg reports on Aug. 5, Seiberg also added that Walmart’s crypto may ha..

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