Northern Trust Enters the Cryptocurrency Industry

Cryptocurrencies are of great appeal to a lot of consumers and corporations. In particular, firms in the financial sector want to enter this market sooner rather than later. Northern Trust, a famous financial services giant, is looking to expand its blockchain and cryptocurrency presence. Northern Trust Makes a Strategic Move There has been increasing interest […]

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$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2

$37 Million of Bitcoin Revenue Helps Square Accelerate Growth in Q2Square has reported its Q2 2018 financial results, revealing that $37 million of Bitcoin-related revenue helped the company accelerate its growth during the period. While the company still made very little profit from cryptocurrency trading in Q2, management is content with not trying to push the monetization of the feature just yet. Also Read: Coinmarketcap […]

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Japanese Public Company Offering Loans Secured by BTC, BCH, ETH

Japanese Public Company Offering Loans Secured by BTC, BCH, ETHA Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]

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Swissquote Reports 44% Increase in Profit After Adding Crypto Services

Swissquote Reports 44% Increase in Profit After Adding Crypto ServicesSwiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits. The news comes while Switzerland is debating over how to keep crypto businesses in the country when the majority of Swiss banks refuse to provide […]

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Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From Cryptocompare

Thomson Reuters Eikon to Display Data on 50 Cryptocurrencies From CryptocompareInstitutional financial traders are about to receive access to new data feeds on fifty cryptocurrencies supplied by Cryptocompare. These will be added to Eikon, Thomson Reuters’ flagship financial information platform which was launched back in 2010. Also Read: Banks Don’t Really Want to Use ‘Blockchain’ for FX Settlement After All Increasing Demand for Crypto Coverage […]

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