Ether’s price clings 'crucial area,' drop below $2.8K looming

Digital asset financial services firm BitGo has announced that it will provide institutional-grade custody and wallets for Tron (TRX) starting on Nov. 8.According to the official announcement published on Oct. 14, BitGo has been working closely with Tron “to develop the first TRX institutional-grade wallet and custody offerings that provide on-chain, multi-sig security.” The post…

The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform. 2862 Total views 24 Total shares Dubai Multi Commodities Centre — a free trade zone established by the Dubai Government — has signed a sale and purchase agreement with REIT Development to construct a 100,000 square foot…

The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers. 75 Total views 4 Total shares The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and exchange of digital assets…

United States banking giant JPMorgan Chase (JPM) is launching its own cryptocurrency in a U.S. banking first, CNBC reported on Feb. 14.In a move commentators may see as unlikely, the multinational lender will use its newly developed asset, dubbed “JPM Coin,” to increase settlement efficiency, initially within three of its operations.Speaking to CNBC, Umar Farooq,…

Bitcoin’s volatility reached new highs and futures prices recoiled after US President Donald Trump’s order to create a strategic Bitcoin reserve for the United States drew ambivalent reactions from traders, market data shows.  Experts said the market’s response indicates disappointment among traders who hoped for a more aggressive plan to buy Bitcoin (BTC) with federal

This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It's too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor…

Fundstrat’s Bitcoin (BTC) analyst Tom Lee has claimed that the cryptocurrency “could end the year explosively higher,” citing a correlation between it and emerging markets. Lee has made his new prediction in an interview during CNBC's "Trading Nation” show August 25. The Head of Research at Fundstrat Global Advisors has said that he “still think[s]…

Foreign users tend to use hardware e-CNY wallets more at the Olympics, while domestic users mainly go for software wallets. 252 Total views 7 Total shares The 2022 Winter Olympics participants, visitors and organizers could be spending more than $300,000 in China’s digital yuan every day, according to new reports citing officials from the People’s…

Digital gift cards and mobile phone refill provider Bitrefill has added an option to make Airbnb reservations with cryptocurrency, Bitrefill announced in al tweet on March 27.Per the announcement, customers can now pay for their bookings with Bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC), and Dogecoin (DOGE). The card is technically a voucher product,…