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Cardano (ADA) Spikes by 20% as Coinbase Pro Adds Support for ADA on its Platform
Cardano (ADA) will be made available on Coinbase Pro starting March 18, at 9 am Pacific Time.
Tyler Winklevoss Continues to Tout Bitcoin as Break past $40,000 Price Level Anticipated
Whether Bitcoin is experiencing a rainy day or not, Gemini co-founder Tyler Winklevoss will always be backing the mainstream cryptocurrency.
Gemini Launches Insurance Company Resulting in the Highest Custody Insurance Coverage in the Crypto Market
Gemini exchange excitedly announced the launch of its own cryptocurrency insurance company which turned out to be regarded as the most crypto custody with the widest coverage at the moment. Named Nakamoto, Ltd.
Japan’s Finance Minister Says No Plans to Lower Taxes for Cryptocurrencies Amid Call for Tax Rate Cut
Japan’s finance minister stated that there is no need to lower crypto tax rates.
JP Morgan Chase Approves Major Crypto Exchange Clients Coinbase and Gemini
JPMorgan Chase, the largest bank in the United States, has set the ball rolling by accepting crypto exchanges Gemini and Coinbase as banking customers. This is a sign that Bitcoin and other cryptocurrencies are being embraced in the American financial landscape and Wall Street. The bank gave Coinbase and Gemini accounts the green light in April, and transactions are just kick-starting. Reportedly, JPMorgan Chase is offering cash-management services to the exchanges, as well as dealing with dollar-based transactions for their US-based clients.
Alternatives of USDT Gained Wider Merchant Access including Microsoft
Currently, BitPay supports Bitcoin, Bitcoin Cash, and Ether Payments. As of recent, the blockchain payment processor will now accept Circle USD, Gemini Dollar, and Paxos Standard Token.
Bitcoin Price Fundamentals Show Bullish Divergence, Ethereum to Follow Closely
Bitcoin’s hashrate also reached a new all-time high this week, with the average hashrate surpassing 140EH/S.
Binance CEO: China is Setting the Precedent as a Blockchain Superhouse
Changpeng Zhao, commonly known as CZ, the CEO and founder of crypto exchange Binance, stipulated that the Chinese President’s calls will do wonders as they will instigate mass blockchain adoption.
Ethereum and DeFi Tokens Plummet Amid High Selling Pressure
Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.
Billionaire Bond Manager Jeff Gundlach Says Bitcoin Looks Like A Bubble Waiting to Burst
Jeffrey Gundlach, bond fund manager, said in a recent interview with CNBC that Bitcoin is starting to look like a bubble after it surged above the $23,000 level.
JP Morgan Chase to Pay $2.5 Million to Settle Class Action Lawsuit Over Wrongfully Incurred Crypto Charges
JPMorgan Chase has settled a lawsuit over unannounced changes made to the fee structure applied to crypto transactions using its credit cards in 2018. The American bank agreed to pay $2.5 million to settle a class-action lawsuit regarding its decision made in 2018 to treat cryptocurrency purchases with Chase credit cards as cash advances, ensuing in higher fees. However, JPMorgan is not admitting to any wrong-doing as part of the deal.
Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition
Gemini, a cryptocurrency exchange behemoth, has revealed the acquisition of Nifty Gateway, a famed platform for non-fungible tokens (NFTs), also called nifties. Expressly, nifties are used in powering the emerging economy of virtual goods and digital collectibles.