Maker Posts Massive Gains After Listing on Coinbase

Key Takeaways Maker is up nearly 30% over the past two days as Coinbase Pro announced that its order books are in full-trading mode. Different on-chain and technical indexes suggest that MKR could be bound for a further upward advance. Turning the $730 level into support may send the DeFi leader towards $880. The DeFi […]

Redditors Hunt Lost Bitcoin Stash, Face Jail Time over Loans

Source: Adobe/rbadowski Crypto folks are having a mixed start to the month, with one man seemingly frustrated in his quest for over USD 5 million worth of missing bitcoin (BTC) – and another looking to stave off the bailiffs as creditors come in search of crypto loan repayments. A Reddit user who claims he is […]

CrossTower Joins the Crypto Rating Council

Cryptocurrency exchange CrossTower is now part of the Crypto Rating Council, or CRC. They join as the council’s newest member, alongside 11 other industry companies. According to the announcement on June 10, the CRC were pleased to select the New York-based firm to join the group. Their existing membership includes Coinbase, Cumberland, Anchorage, and Genesis […]

Even Russia’s Economy Ministry Doesn’t Want Crypto Ban, Derides Bill

Source: Adobe/ZoomTeam Russia’s long and winding road to crypto regulation has taken another unexpected twist – with the country’s Economy Ministry wading into a bitter dispute between pro-business groups and the crypto-skeptic Central Bank – with experts claiming that a new impasse could see regulation “delayed by a year or more.” As previously reported, after […]

Libra Continues Path Forward, Announces New Brass

The Libra Association, the group behind Facebook’s digital asset endeavor, unveiled an update to its brass.  The association announced Sterling Daines fills the role of announced its Chief Compliance Officer, or CCO, at the ourfit, said a statement provided to Cointelegraph staff. Daines will leave his post at Credit Suisse at some point in 2020 to assume […]

Ledger Adds Bitcoin Buying; Brave Fork; Ethereum Cashback + More News

Source: Adobe/Mingis Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Major crypto hardware wallet manufacturer Ledger launched a crypto buying option on their Ledger Live application. This feature, operated by Coinify, allows to buy bitcoin (BTC), ethereum […]

Comparing Traditional and Crypto Markets

Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such as the desire to trade Bitcoin (BTC) volatility in both directions, hedging […]

Novogratz and Bakkt Partner, Responding to Institutional Interest in Bitcoin

Galaxy Digital and Bakkt team up to offer prime brokerage to institutional investors in crypto. Key Takeaways Institutional demand for digital assets has grown over the past three months. Galaxy Digital and Bakkt will team up to offer buying and custodial services. The partnership will mean prime brokerage services for significant fund managers. Share this […]

Binance Reportedly Trades Crypto in China Despite Ban, Says It Runs ‘Test Site’

Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a report published yesterday by China National Radio, or CNR, alleges. According to CNR, Binance CEO Changpeng Zhao, also known as CZ, has been promoting a website called “binancezh.com” on his Weibo page. Originally founded in China […]

Education Ecosystem Experiences Surge in Platform Users Amid Covid-19

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Education Ecosystem has experienced a significant increase in the number of users since the coronavirus pandemic took its toll on the global village. The startup, which focuses on project-based learning projects in the areas of artificial intelligence, blockchain, cybersecurity, data analytics, […]