Coinbase Custody to Start with XRP and 36 other Coins

Coinbase may be avoiding XRP on its trading platform for the reasons best known to them, but it defiantly has plans to exclude it from its custody operations. According to the blog post realized by Sam McIngvale, the Coinbase custody lead, the exchange is exploring a range of new assets for its custody operations. XRP finally finds Coinbase’s… Read More »

NYSE Trader Following Bakkt Launch: ‘Bitcoin Is Very Iffy’

A New York Stock Exchange (NYSE) trader told to Yahoo Finance in an interview Aug. 3, that at the moment Bitcoin (BTC) is “very iffy” following the launch of a new regulated BTC exchange Bakkt by the Intercontinental Exhange (ICE), the parent company of NYSE. Alan Valdes, a senior partner at international advisory firm Silverbear Capital and NYSE… Read More »

‘We Don’t Want to Compete with Coinbase’ – Says Binance CEO

Changpeng “CZ” Zhao, shared some of his big ideas on the future of blockchain and cryptocurrency with Fortune magazine this week. And it’s probably worth listening to the man running the biggest crypto-exchange in the world. The future is not now, but is decentralised Binance acquired Trust Wallet this week, and here at Bitcoinist, we focussed on the benefits of… Read More »

Turkey Establishes Country’s First University Blockchain Center

Turkey has established the country’s first university-level blockchain center, aiming to close the blockchain expertise gap and ensure wide deployment of the technology, local news outlet Daily Sabah reported August 3. The Istanbul Blockchain and Innovation Center (BlockchainIST Center) was inaugurated at Bahçeşehir University (BAU). According to the center’s director Bora Erdamar, BlockchainIST is set to be “the… Read More »

Ethereum to Acquire Top-Level Domain Name With New Partnership

Ethereum has entered into an agreement with a provider of end-to-end domain services Minds + Machines Group Limited (MMX) that will let Ethereum Name Service (ENS) get a top-level domain name, according to an Aug. 3 press release. Under the agreement, Ethereum’s (ETH) consumers will be able to register their addresses with MMX’s top-level domain .luxe (an abbreviation… Read More »

South Korean Crypto Exchange Bithumb Re-opens Deposits & Withdrawals

Advertisement South Korean cryptocurrency exchange Bithumb will resume deposit and withdrawal services on Saturday at 11 am KST. The exchange had suspended all deposits and withdrawal services on its platform following the June hack on a hot wallet, which led to the loss of tokens valued at over $30 million. Hacked Crypto Exchange Bithumb Unfreezes Withdrawals The exchange… Read More »

Ethereum (ETH) Coin Story and What Holds the Future

The second largest blockchain network Ethereum has truly changed the crypto-verse since its debut. The new-comer [compared to Bitcoin] stepped heavily on the gas pedal of growth and many predict that it will fly past even Bitcoin – the lead by market cap. Ethereum – Ether The network is an open-source blockchain tech platform that supports smart contracts while being… Read More »

Square Seeing ‘Real Growth’ in Bitcoin User Base: CFO

Advertisement Square Inc. Chief Financial Officer Sarah Friar has hailed the impact of bitcoin support on the company as it continues to record strong growth driven primarily by its flagship Cash App, also known as Square Cash. “Rarefied Air” In a discussion with Emily Chang on Bloomberg TV, Friar remarked that the company is “super impressed” with their… Read More »

Goldman Sachs Investment Strategy Group: ‘Crypto Mania’ a Risk to Stable 2018 Outlook

Bitcoin (BTC) and “unsteady cryptocurrency mania” are the one of six factors that threaten Goldman Sachs 2018 market outlook, according to a July 2018 report by the Goldman Sachs Investment Strategy Group. The report entitled “(Un)Steady as She Goes,” highlights “cryptocurrency mania” as one of several factors that could affect their initial market outlook for this year.  Other… Read More »

XRP Technical Analysis Weekend Recap: Re-Focus on XRP, 3 Bullish Reasons Why

If we may ask a legitimate question, what is draining crypto valuation and XRP in particular? With every new low, there is saturation of theories—flimsy and authoritative. No matter the explanation, it doesn’t really matter because at the end of the day, prices are down and your investment in XRP is taking a rather painful hit. Today we… Read More »