CEX.IO – a cryptocurrency exchange based in the United Kingdom – was recently voted the third safest and most secure crypto trading platform on the planet. CEX.IO Is a Leading Crypto Exchange in Terms of Safety The ranking comes by way of the Crypto Compare Exchange Benchmark. The enterprise monitored more than 160 separate crypto exchanges around the world to see which ones boasted the strongest security measures available today, and CEX.IO has made the top ten, thereby...
Read More »Grayscale Is Introducing Five New Altcoin Trusts
Grayscale – provider of one of the world’s largest bitcoin funds – has announced that it is unveiling five new trusts based on assorted altcoins. Grayscale Is Giving Us More Digital Currency Trading Options Among the currencies these trusts will allow customers to invest in are Chainlink, Filecoin and Livepeer. Another trust will hold Basic Attention tokens, while a fifth will give customers a chance to invest in an asset associated with the virtual reality world...
Read More »Coin Floor Attacked By U.K. Regulators Over Recent BTC Ad
Coin Floor – a cryptocurrency exchange in the United Kingdom – is taking some flack over a recent ad that allegedly took aim at pensioners. The ad talked about the benefits of crypto investing, though it has since been banned by national regulators. Coin Floor Sees Its Ad Get Knocked Down The ad has been deemed “socially irresponsible” and “misleading,” as according to official complaints, it did not address the many risks associated with cryptocurrency investing. In a...
Read More »Crypto Broker e-Toro Announces Acquisition, Plans to Go Public
Crypto broker e-Toro is planning to go public, clearly showing that popular digital exchange Coinbase is setting up a massive trend that others are potentially following. e-Toro Is Following in Coinbase’s Footsteps It was announced late last year that digital currency exchange Coinbase – stationed in San Francisco, CA – was planning to go public. As one of the largest and most popular crypto trading platforms in the world, Coinbase is valued at roughly $100 billion, and...
Read More »The Coinbase Filing Ain’t Great According to Some
One of the big stories in the crypto industry as of late is that Coinbase, one of the largest and most popular cryptocurrency exchanges in the United States, is going public. The trading platform confirmed its decision to file for a public offering late last year, and that offering could come to fruition as early as within the next few weeks. The Coinbase Filing Is Set to Occur Soon Everyone appears to be happy. Everyone seems to think that the move is going to place...
Read More »Analysts Are Concerned About the Coinbase Premium
Two of the largest cryptocurrency exchanges in the world – Binance and Coinbase – appear to be duking it out over cryptocurrency. The Coinbase Premium Has Got Some People Worried Binance is based in Asia, while Coinbase is in North America. The two territories are arguably fighting over the status of bitcoin and where it goes in the future, and analysts are warning about which platform to work with depending on what the asset’s price will be. Industry heads are...
Read More »Binance CEO: We’re Seeing a Lot More Institutional Investors On Our Platform
Institutional adoption of bitcoin is increasing tenfold, and exchanges are playing a crucial part in garnering these institutions the digital assets they’re so desperate for. Changpeng Zhao – the CEO of Binance, arguably the largest and most popular crypto trading platform in the world – has stated that he’s seeing huge bursts of institutional interest in his company, and that large buys are becoming much more common. Binance Is Seeing Its Clientele Grow Binance came...
Read More »Analysts: The Coinbase Listing Will Give Crypto Full Legitimacy
A team of analysts with the firm D.A. Davidson suggests that the new Coinbase public listing is going to be an “Amazon” moment for the world of crypto. Coinbase Is Going to Set a “Crypto Precedent” For the most part, the Coinbase listing is a big deal for the digital asset space. The industry has longed for mainstream status and legitimacy for quite some time, but the fact remains that the space has been wrought with fraud and crime, and the volatility of most mainstream...
Read More »NY’s Letitia James: You Must Be Very Careful Investing in Crypto
New York attorney general Letitia James has issued a statement to all residents of New York warning them that cryptocurrencies are risky, and that they should think twice before investing in them. Letitia James Warns Against Crypto Usage In the statement, she also takes aim at all cryptocurrency businesses, claiming that if they do not follow the rules set forth by New York and the rest of the country, they are likely to face serious monetary and legal consequences. This...
Read More »Bitcoin Is Suffering, but Many Institutions See This as an Opportunity
Bitcoin has taken a turn for the worse, but while the move may not look great on paper, it turns out things are going quite well for some of the institutional traders that have yet to step into the cryptocurrency arena. Many institutions are using the recent bitcoin price dip as an opportunity to buy at a lesser price and get their fingers on an asset that many companies have been going crazy over for the past six months. Bitcoin Has Taken an Ugly Stumble Things really...
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