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Category: (OTC) trading desk
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Central Bank’s Targeting of P2P Crypto Transactions Forces Startup to Quit Nigeria
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Grayscale Adds 174,000 LTC to Its Litecoin Holdings- Price of the Altcoin Unresponsive
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Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds, crypto miners, and over-the-counter trading desks. According to a report that quotes Tom Jessop, the […]
The post Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans appeared first on Bitcoin News.
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Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris Ferraro, said operating revenue growth is just over 24% […]
The post Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’ appeared first on Bitcoin News.
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The Daily: Huobi Downsizes, New OTC Desk to Launch in US
In Wednesday’s edition of The Daily we cover a number of developments that show how cryptocurrency exchanges around the world are evolving to attract institutional investors while also adding new services to stay competitive in this bearish market. Also Read: Bitpay Reports Processing Over $1 Billion Transactions in 2018 Huobi Sheds Staff and Plans Stablecoin […]
The post The Daily: Huobi Downsizes, New OTC Desk to Launch in US appeared first on Bitcoin News.
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How Institutional Investors Are Changing the Cryptocurrency Market
Institutional investors trading cryptocurrency gained ground in 2018, with a number of high profile players edging in and taking a seat at the table. Increased interest from larger investors may have played a part in supporting digital assets as well as distorting the market. Also Read: KPMG: Institutional Investment Key to Cryptoassets Growth Will Crypto Markets […]
The post How Institutional Investors Are Changing the Cryptocurrency Market appeared first on Bitcoin News.
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Etoro Is Launching an OTC Crypto Trading Desk for Institutions
While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering. Also Read: This Week in Bitcoin: An End […]
The post Etoro Is Launching an OTC Crypto Trading Desk for Institutions appeared first on Bitcoin News.
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PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle
Following the announcement that Circle, a fintech startup backed by Goldman Sachs, plans to launch a stablecoin pegged to the U.S. dollar, the blockchain-based ecosystem MoneyToken has confirmed the listing of the stablecoin, Circle USDC, on its lending platform and decentralized exchange.
The post PR: MoneyToken to Give out Loans in Stablecoin from Goldman Sachs-Backed Circle appeared first on Bitcoin News.
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