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Goldman Sachs Continues Crypto Foray, Invests Millions In BitGo

Goldman Sachs, along with a consortium of fintech-centric venture capital groups, has just furthered its involvement in the nascent crypto market, investing in one of this industry’s best. Goldman Sachs, Novogratz’ Galaxy Digital Invest $15M In Crypto Startup Contrary to popular belief, 2018’s dismal crypto…

Monero (XMR) “Bulletproof” Blockchain Upgrade To Go Live, Investors Bullish

Massive Monero Protocol Upgrade To Go Live On October 18th Following months of back-end development, the talented individuals behind the Monero project confirmed that the planned protocol upgrade for the privacy-centric blockchain was right on schedule. In a tweet, the official Twitter account of the popular…

Crypto Market Is Stable As Top Coins Consolidate Recent Gains

In today’s crypto news on Wednesday, October 17th, we are seeing stability in the crypto market, represented by the recent movements of the top coins, which have corrected from yesterday’s upswing. The prices of Bitcoin, Ethereum and other altcoins remain relatively stable right now. To…

Q3 2018: Binance Rakes In $85 Million, Burns 1.6 Million BNB

Binance Torches $17 Million In BNB For 5th Quarterly Burn When Binance’s whitepaper was first released in early-2017, many investors were immediately drawn to the startup’s proposed quarterly buyback policy, in which Binance would allocate 20% of its profits to buy back its in-house digital asset (BNB)…

Clear Waters? Tether (USDT) Recovers, Bitfinex Bitcoin Premium Subsides

Insiders: Bitfinex, Tether Finally Establish Banking Relationships  Both Tether (USDT) and Bitfinex, which are two formidable names in the cryptosphere, recently lost their primary banking partner, Noble Bank, in a move that sent this nascent market and industry into a frenzy. Now, just three weeks…

Crypto Trade Volume Doubles Overnight, Have The Bears Run Out Of Steam?

After a seemingly endless cycle of non-action, the crypto market finally saw a spark of life on Monday, as fears of a Tether ‘bank run’ hit newfound highs, while confusion strong-handed investors into making moves. In the span of just a few hours, exchanges recorded…

Crypto Startup Coinbase Doubles Down On Expansion Efforts

Crypto Startup To Open Dublin Office Amid Brexit Concerns Amidst tumultuous market conditions, on Monday night, America’s foremost crypto startup revealed that it had plans to expand its presence in the European market, divulging plans to open a new office in Dublin, Ireland. This startup is,…

Bakkt COO: Crypto Market Is Shifting, Institutions Will Enter

Bakkt Gives Status Update, Confirms Adam White News As reported by Ethereum World News last week, those familiar with the matter divulged that Adam White, Coinbase Institutional’s head, had unexpectedly left the San Francisco-based startup to join Bakkt, an up and coming crypto platform that…

Fidelity Opens Crypto Custody, Trading Desk For Institutions

Despite the suppressed crypto market, Wall Street firms are still showing an unprecedented level of interest in this nascent industry. Most recently, Fidelity Investments, one of the foremost financial institutions on planet Earth, has revealed plans to foray into the cryptosphere. Fidelity Finally Forays Into Crypto…

Tether ‘Bank Run’ Concerns Reach New Heights, USDT Falls 4% Below Peg

Tether ‘Bank Run’ Concerns Fuels Crypto Boom Crypto investors were in for a shock on Monday morning, as Bitcoin temporarily popped above $7,000, while crypto assets somehow posted 7%+ gains, amid a growing fear that the Tether Foundation didn’t have the U.S. Dollar (USD) reserves…