Crypto Index Funds are Here (But Most Come with Eligibility Requirements)

Day trading cryptocurrency isn’t for everyone. For that reason, as well as to reach a new group of investors, many exchanges are launching their own crypto index funds. Managing multiple cryptocurrencies is time-consuming, with so many options available and so much research necessary. Index funds are based on the overall performance of a group of assets, rather than … Read more

Coinbase’s Decentralized Exchange Acquisition Is a Shortcut to List ERC20 Tokens

As reported here on May 24, the world’s biggest cryptocurrency brokerage and trading platform, Coinbase, acquired decentralized cryptocurrency exchange Paradex. Intent to Add Tokens In an official announcement, Coinbase CEO Brian Armstrong stated that the acquisition of Paradex was part of a larger Coinbase initiative to expand globally and serve customers outside of the US. “The move … Read more

Coinbase Rebrands GDAX to Coinbase Pro With Added Features

Coinbase has announced the launch of Coinbase Pro, the rebranded version of GDAX, which the San Francisco-based exchange describes as easier to use and more intuitive. The announcement was made in a blog post and was later confirmed by the company’s president and COO, Asiff Hirji, in an interview with CNBC. David Farmer, the new general manager of Coinbase … Read more

Coinbase Acquires Decentralized Exchange Paradex

Coinbase is one of the bigger household names in the world of cryptocurrency. The company is best known for offering its cryptocurrency exchange services to consumers from all over the world. However, even major companies have to keep evolving. As such, the firm recently acquired one of its smaller competitors, Paradex. An Interesting Acquisition by … Read more

Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

On Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues … Read more

Bitcoin in Brief Wednesday: McAfee Predicts Bull Run Led by Institutional Investors as Crypto Markets Dip

In today’s Bitcoin in Brief, internet security expert John McAfee expects bulls to come back to the crypto market, despite recent drops in prices across the board. Billions will be pumped by institutional investors, he predicted in a tweet. Meanwhile, a new study has shown that the mood of investors, rather than economic indicators, actually … Read more

Coinbase Met with Regulators to Discuss Banking License

The cryptocurrency industry and the mainstream financial system haven’t been the best of friends over the years, but according to a Wall Street Journal report, Coinbase may be on its way to merging the two. The San Francisco-based crypto platform is reported to have held talks with banking industry regulators about a possible entrance into the … Read more

Bitcoin in Brief Saturday: Warren Warned By Billboards, Coinbase Tempted by Banking

In Bitcoin in Brief today, billionaire Warren Buffett has been reminded that he was wrong about Google and Amazon, and told he might be wrong about bitcoin, too. Billboards have appeared outside his office to convey the message of the crypto community. Also, a report suggests that the US cryptocurrency exchange Coinbase may apply for … Read more