Crypto news

Digital asset marketplace Bakkt has partnered with Google to expand the usability of cryptocurrency. Thus, users will soon be able to add their Bakkt Visa Debit Card directly into Google Pay. Google Pay Meets The Bakkt Card As outlined in a press release from BusinessWire, users can soon spend Bakkt Card crypto funds directly from Google Pay. This comes after Bakkt released its Visa Debit Card earlier this year, and now customers will be able to make transactions via digital...

A gold coin with a denomination of approximately 1,000 bitcoins was purchased in 2011. This is when bitcoin wasn’t trading for anywhere near the price it is at today. At the time, the coin was worth about $4,900. It stayed in a desk drawer for many years, ultimately forgotten about and lost to time. A Gold Coin and Bitcoin Fused Into a Special Asset However, now its owner – who wishes to remain anonymous – has pulled it out of that desk drawer and has had the currency...

Just four months after the application, Volt Equity’s Volt Bitcoin Revolution ETF has received the green light from the US Securities and Exchange Commission. It will provide investors the option to invest in companies with direct exposure to BTC, such as MicroStrategy. Back in early June this year, the California-based firm Volt Equity filed with the Commission documents to launch a different type of exchange-traded fund with indirect exposure to BTC. The filing described...

It’s been a green week all across crypto land as positive sentiment and big gains returned to the market. Leading the scene is Bitcoin, with an impressive surge of around 25%, once again tapping the mid-May highs. Just earlier today, Bitcoin reached a price of $56,000 – something that we haven’t seen since the middle of May this year, shortly after the all-time high and right before the massive 50% crash. Analysts believe that this move marks the completion of a bear trap and...

It looks like the need to cater to institutions’ growing desire for crypto is getting bigger and bigger amongst standard financial institutions. U.S. Bank has just announced that it is unveiling a new crypto custody service that fund managers can use to store both private keys and digital assets. U.S. Bank Potentially Sees Crypto as Important The idea of banks and crypto mixing is an unusual one, primarily because they are both so different. For one thing, banks seek to...

Michael Novogratz – the CEO of Galaxy Digital and a prominent bitcoin bull – thinks that prices people pay for NFT products are not normal “in any way, shape, or form.” As such, they should consider “taking some money off the table” and investing it into the two leading digital assets. Dump NFTs, Go for BTC And ETH Speaking at the London’s Token2049 crypto conference, crypto billionaire Mike Novogratz aired his thoughts on non-fungible tokens, specifically their soaring...

Bitcoin has hit $50,000 per unit once again. The world’s number one digital currency by market cap has surged in recent days to a figure that it hasn’t seen in quite some time. Bitcoin Is Spiking Like Never Before As we have witnessed in the past, September tends to be rather bearish for bitcoin. This was never more evident than in 2020 when the digital currency – which was trading for about $12,000 per unit during August of that year – fell to about $10K just a month...

One of the largest short-videos sharing platforms in India – Chingari – has successfully raised $19 million from investors such as Kraken, Alameda Capital, Galaxy Digital, and more. The company aims to launch its own token, enter the NFT world, and tap into the Solana blockchain. Chingari Raises $19M The press release shared with CryptoPotato explained that aside from the aforementioned investors participating in the fund round, other prominent names included Republic Crypto,...

Binance users based in South Africa will have until January 6th next year to manually close their derivatives positions as the exchange is halting these services. This is the latest action by the world’s leading crypto trading platform in its efforts to comply with local regulators. As announced earlier on October 8th, Binance has alerted its South African customers that it will cease offering any derivatives services. More precisely, those are trading of futures, options,...

[PRESS RELEASE TUESDAY 8TH OCTOBER 2021] Clout.art’s SWAY token was listed for trade on the Gate.io exchange from 20:00 hrs (UTC+8) October 7th, 2021. Following the token generation event (TGE), Clout.art’s SWAY token was allocated to all seed and private participants before being listed on leading exchanges like Gate.io and QuickSwap. SWAY was available for buying, selling, and full trading on Gate.io from 20:00 hrs (UTC+8) October 7th, 2021. The TGE will create 100 million...