Crypto Biz: Tether’s 10 years with meteoric growth, ties to US, European hurdles

The announced yields represent the exchange increasing interest for USDC holders by more than 2,500% since it was lowered significantly last June. Major cryptocurrency exchange Coinbase has announced users will be able to earn 4% interest on USD Coin through a product the company compared to an alternative to a fiat savings account.In a Tuesday…

The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future. 54 Total views 2 Total shares The Bank of England has called for “enhanced” regulations of crypto to address potential risk to the…

The mining equipment manufacturer announced its intention to expand into mining when it went public last year. 2345 Total views 12 Total shares According to an announcement from Chinese mining equipment supplier Ebang, the mining firm’s board passed a resolution on Thursday to establish a Litecoin (LTC) and Dogecoin (DOGE) mining business. Ebang said it…

The number of U.S. crypto investors is set to almost double in 2021, according to a new survey by Gemini. 828 Total views 22 Total shares Nearly two-thirds of adults in the United States are interested in learning more about cryptocurrencies like Bitcoin (BTC) or holding them soon, according to a new survey.Gemini, a crypto…

The amount of Bitcoin held on addresses storing between 100 and 10,000 BTC has hit 9.23 million Bitcoin for the first time ever. 1106 Total views 10 Total shares Amid a renewed bullish trend on the cryptocurrency markets over the past few weeks, more users have moved into trading Bitcoin (BTC), the world’s largest cryptocurrency…

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the potential collapse of the Grayscale Bitcoin Trust and its implications on the market. 1058 Total views 6 Total shares On this week’s The Market Report show, Cointelegraph’s resident experts discuss what the ramifications would be if Grayscale Bitcoin Trust were to collapse.We…

The Jacobi Bitcoin ETF will start trading on the Euronext Amsterdam Exchange under the ticker BCOIN in July. 404 Total views 20 Total shares Major Dutch stock exchange Euronext Amsterdam, a part of the pan-European marketplace Euronext, is debuting its first Bitcoin (BTC) exchange-traded fund (ETF).Jacobi Asset Management, a London-based digital asset management platform, is…

A brick-and-mortar showroom in the Latvian city will host an exhibition of nonfungible tokens. 3500 Total views 20 Total shares A physical showroom for nonfungible tokens is set to open in Riga, Latvia, where NFTs of street art from around the globe will be put on display. The gallery is being launched by Kiwie 1001,…