WealthSimple announced recently that it will be incorporating cryptocurrency trading service as an extension of its platform Welathsimple, a Canadian based startup investment service for millennials, is reportedly launching an exchange called WealthSimple Crypto. The startup hopes to get it’s 200,000 existing customers to start using their new service — by offering zero commission crypto […]
Category: STO News
Revolut’s Partnership with Paxos Allows its US Users to Buy, Sell, & Hold BTC & ETH in 49 States
Revolut now allows its US users to trade cryptocurrencies by partnering with Paxos. This was made possible by New York-based Paxos getting a new brokerage service to let merchants offer crypto trading services. Revolut US, the American division of the online bank, is the first client of Paxos. Paxos CEO Chad Cascarilla compared its new […]
Bitcoin holders won’t sell under $10k ⏐ Peter Schiff poll
A Twitter survey by Bitcoin sceptic Peter Schiff indicates that around 60% of 24,500 respondents will not sell their Bitcoin even if it rises above $10k With Bitcoin’s (BTC) value hovering just under the $10,000 threshold, Bitcoin critics have redoubled their attacks by taking advantage of the coin’s value. One such critic is Peter Schiff, […]
Chainlink could moon to $20 if Bitcoin doesn’t dump
Chainlink’s price has climbed back above $8.00 and could retest the area around its all-time high of $8.48 Chainlink is trading 12% up today, as it looks to accumulate gains above the $8.00 price level following a brief lull. As of writing, LINK/USD is trading at around $8.02, with various analysts projecting an upward trend […]
Robinhood Raises Another $320 Million, Reaches $8.6 Billion Valuation
On July 13th, 2020, Robinhood concluded its Series F funding round which started in May. Joined by two new investors led by Sequoia Capital, Robinhood’s latest valuation rises to $8.6 billion. Robinhood Reaches $8.6 Billion Valuation Slowly, FinTech companies are adopting the Robinhood model of having no fees for trading stocks, ETFs, crypto assets, and […]
Crypto Exchange CoinMetro Launches New Affiliate Program
The CoinMetro crypto exchange recently unveiled a new and expanded affiliate program that aims to pay out the highest affiliate rates of any cryptocurrency exchange. In addition to collecting 40% of what their referrals generate in revenue, affiliates can also earn 10% of what traders referred by their referrals accumulate. Since CoinMetro’s revenue sharing program […]
Central Bank of Nigeria Halts Forex Access on Corn Imports
The West-African country of Nigeria has announced a new move that some believe will compound the country’s food inflation. According to a July 13, 2020 report, the country has banned foreign exchange for the purpose of corn importation. This move is apparently in a bid to boost the local farming sector. Forex and Corn Importation […]
Altcoins’ Under Heavy Losses, BTC Bias in Favor of Bears as Stock Market Fears Another March-Like Sell-Off
Bitcoin’s price remains flat, with volume dying despite the stablecoin supply explosion in 2020. It just took four months for the stablecoin supply to double to reach 12 billion while it took five years to reach the initial 6 billion. In the past few weeks, bitcoin’s correlation with the S&P 500 is also surging, and […]
Bitcoin’s The ‘Logical Choice’ In 2nd Half Of 2020; DeFi To ‘Stay Hot’ But Returns Cool: Arca
Bitcoin will ultimately be a “great investment in 2H2020 as a flood of new investors flock into the space, and there just won’t be enough BTC offered to satisfy this new demand,” predicts Jeff Dorman, CIO at Arca. In 2020, crypto investment management Arca predicted that thematic investing will drive crypto performance in rewards, structured […]
BTSE Launches Tron TRX Token on its Global Network
The token was launched on the exchange following numerous client requests.
