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“# BlockFi clients earn record interest payments in February ” Crypto lending firm BlockFi posted another record-breaking month in February, paying out over $35 million in interest to its clients. The interest payments were comprised of 450 in Bitcoin (BTC), 5,000 in Ethereum (ETH) and 6 million in stablecoins, CEO Zac Prince said. Another record…
“# Rakuten’s customers can now use Bitcoin for shopping ” Crypto-friendly Japanese retailer Rakuten is now enabling users of Rakuten Wallet, its crypto exchange subsidiary, to easily spend their cryptocurrency holdings in everyday transactions. According to an announcement published on Feb. 24, users are now able to load up their Rakuten Pay accounts seamlessly with their…
“# Bitcoin is at a ‘tipping point’ in international trade, Citi says ” The world’s largest cryptocurrency, Bitcoin (BTC), is at a defining moment in history, according to analysis from American investment bank Citigroup. Bitcoin is now at a “tipping point” to either become the preferred currency for international trade or face a “speculative implosion,”…
“# Google Finance adds dedicated ‘crypto’ tab featuring Bitcoin, Ether, Litecoin ” Google Finance has added crypto prices to the finance.google.com domain. The section, titled “Crypto,” now appears in the “Compare Markets” category alongside conventional stock and currency markets. The section provides key pricing information for various cryptocurrencies, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC)…
“# What DeFi needs to do next to keep institutional players interested ” The last few months’ frenzy of institutional money flowing into Bitcoin (BTC) has seen crypto hitting the headlines — at the least as a novelty asset, at the most as a must-have. There is undoubtedly a trend in the market toward greater…
“# Galaxy Digital co-president explains two things deterring institutional crypto buying ” In recent months, companies such as MicroStrategy and Tesla have picked up sizable positions in Bitcoin. This trend has not yet become the norm for most companies, however. Damien Vanderwilt, co-president of Galaxy Digital, believes security and taxes may be acting as deterrents…
“# Bitcoin needs clear regulations to be less volatile, Bridgewater analyst says ” A senior analyst at asset management firm Bridgewater believes that regulation could potentially make Bitcoin (BTC) a good asset for institutional investors. Bridgewater director of investment research Rebecca Patterson claimed that regulatory certainty around Bitcoin would solve some of the cryptocurrency’s biggest…
“# 6M noobs have bought coins on Robinhood Crypto already in 2021 ” Retail-focused trading app Robinhood has revealed the number of new monthly customers buying from its crypto platform this year is 15 times the 2020 average. According to the company’s new report, “Crypto Goes Mainstream,”more than three million new users purchased from Robinhood…
“# Anchorage set for growth following $80M fundraise ” Last month, digital asset entity Anchorage received a bank charter from the United States Office of the Comptroller of the Currency, or OCC. This month, the outfit has added $80 million in funds. “Today, we are pleased to announce that Anchorage has raised an $80 million…
“# Black Americans are changing the face of crypto and blockchain through education ” Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics,…