Grayscale Forms Partnership With New York Giants
May 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Grayscale has partnered with the NFL team the New York Giants. The asset manager will sponsor Giants events; it will also offer cryptocurrency seminars to the team. There are other opportunities for crypto adoption within the NFL. This news was brought to you by Phemex, our preferred Derivatives Partner. Crypto asset manager Grayscale […]
Is KFC Canada Really Accepting Dogecoin Payments?
May 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Earlier today, KFC Canada claimed via its Twitter account that it is accepting Dogecoin as a means of payment. However, the company’s website does not show any cryptocurrency payment options. It is possible that the statement was a tongue-in-cheek joke made in light of the recent Dogecoin craze. This news was brought to […]
Bitcoin Is Coming to a US Bank Near You, Says NYDIG
May 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Hundreds of banks are looking to offer cryptocurrency trading and custody to their clients. This should become available in the coming months due to a partnership with crypto custody firm NYDIG. Newer players such as Square, Robinhood, Paypal, or Coinbase currently dominate retail-facing cryptocurrency services. Banks can either provide crypto services to their […]
Oracle Tokens Chainlink, Band Protocol Surge to New Highs
May 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Chainlink made a new all-time high of $51.30, sending most short-term holders into the green. On the other hand, Band Protocol whales have gone into a buying spree, suggesting BAND will soon catch up. These cryptocurrencies sit on top of massive demand barriers that could slow down any potential sell-offs. This Exchange News […]
Galaxy Digital to Acquire BitGo for $1.2 Billion
May 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Galaxy Digital is buying BitGo for $1.2 billion. The deal will be paid using both stocks and cash. The firm’s CEO and founder Mike Novogratz said that the acquisition is part of a plan to “institutionalize digital asset ecosystems and blockchain technology.” Galaxy Digital is engaging in “reorganization and domestication” with a view […]
O3 Swap: A Cross-Chain DEX Aggregator for Tomorrow’s DeFi
May 05, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways O3 Swap was launched by O3 Labs, a Japanese crypto project that begin with a light wallet. O3 Swap helps abstract away many of the complexities of making cross-chain transactions. Not only does the platform aggregate Ethereum DEXes, but also those on BSC, Neo, and others. This news was brought to you by […]
Sotheby’s Will Accept Bitcoin in Next Banksy Auction
May 04, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Sotheby’s has announced that it will accept BTC and ETH in an upcoming auction of a Banksy artwork. Payments will be processed through Coinbase Commerce. The brokerage plans to accept crypto in future auctions as well. This news was brought to you by Phemex, our preferred Derivatives Partner. Sotheby’s will accept cryptocurrency for […]
Gemini Lists Dogecoin, Sending Price to New Highs
May 04, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Gemini has revealed that is listing Dogecoin for trading, and that the coin will be available beginning today, The announcement has seen a significant number of investors rush to exchanges to buy some Dogecoin. DOGE’s price has risen by more than 46% in the last few hours. This news was brought to you […]
Bitcoin and Ethereum Indices Debut on S&P Dow Jones
May 04, 2021
Jeremy Parkinson
Cryptocurrency, No picture
This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. These indices will be tied to the performance of the cryptocurrency market without requiring investors to hold crypto themselves, opening the door for further institutional investment. Traditional Finance Gains More Access to Crypto The S&P Dow Jones Indices, a branch within the […]
Ethereum Sets a New All-Time High Above $3,500
May 04, 2021
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Ethereum’s ETH currency has crossed $3,500 for the first time. ETH has been outpacing BTC over the last few weeks. It’s up 380% year-to-date and hit a ratio of 0.06 relative to BTC. Data suggests that institutions are starting to accumulate ETH this year. This news was brought to you by ANKR, our […]