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

Circle Adds New Feature Allowing Newbies to ‘Buy the Market’

Circle is going after fresh entrants to the cryptocurrency trading market with a new tool that allows them to invest in multiple coins as once. This feature is different than an index fund in a few crucial ways, perhaps most importantly being available to everyday investors not just the rich and trading professionals. Also Read: Economics … 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

CNBC Shows Bitcoin Cash (BCH) Love, Predicts Mooning

CNBC’s Fast Money hosts and panel were on the defensive during a recent broadcast, as some viewers accused the network of shilling for bitcoin cash (BCH). And, truth be told, CNBC has been showing the decentralized cryptocurrency an inordinate amount of love lately. A segment by a popular analyst, where he forecasts even bigger things … Read more

Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One

A new crypto teller machine is now operational in South Africa’s largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the city’s metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country … Read more

PR: eToro Announces Expansion Plans

– Launch of a crypto exchange and wallet – – Bringing crypto offering to the U.S. market – Global investment platform eToro has today announced plans to expand its cryptocurrency capabilities and subject to regulatory approvals will launch an exchange and a digital wallet. eToro will also bring its cryptocurrency offering to the United States, … Read more

Bitcoin Price Watch: Currency Jumps to $8,500

At press time, bitcoin has risen $200 higher from where it stood yesterday. Signs of recovery are now showing themselves as we inch away from the repeated drops of last week. At $8,500, bitcoin is at its highest point since Monday, when it briefly rose to $8,800 following the start of Coindesk’s Consensus Conference. It … Read more

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