Bitcoin Cash (BCH) Up 20% In the Last 24 Hours

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Both Binance and Coinbase announced that they’ll support the upcoming Bitcoin Cash (BCH) fork. Consequently, th coin’s value continued to rise.  Since last Monday, it climbed from $424 to $546, peaking at $584. Similarly, the trade volume increased dramatically, from around $300,000 to $1.4 million. Currently, Bitcoin Cash (BCH) is the fourth most valuable coin … Continue reading “Bitcoin Cash (BCH) Up 20% In the Last 24 Hours”

Binance and Coinbase Support Bitcoin Cash (BCH) Fork

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While it’s been a fairly calm week for the crypto market, Bitcoin Cash (BCH) experienced quite a surge.  On Friday, Binance announced that it is supporting the upcoming fork, and Coinbase followed suit on Saturday.  This provided many traders with some peace of mind. Following the news, the price of Bitcoin Cash (BCH) rose from … Continue reading “Binance and Coinbase Support Bitcoin Cash (BCH) Fork”

Larry Fink: BlackRock Won’t Offer Crypto ETF until Industry is Legitimate

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BlackRock CEO Larry Fink discussed his views on cryptocurrency and a crypto ETF in recent days.  Based on what he said, a BlackRock crypto ETF is not likely any time soon. CEO Larry Fink acknowledges a Big future for Cryptocurrency “I do see one day where we could have electronic trading for a currency that … Continue reading “Larry Fink: BlackRock Won’t Offer Crypto ETF until Industry is Legitimate”

Coinbase Projects $1.3 Billion Revenue for 2018

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While it’s true that since their peak in late 2017, cryptocurrencies have generally declined 70% in value, the mega-exchange Coinbase had its most profitable year to date.  In 2018, Coinbase’s worth as a company skyrocketed. On Tuesday, Coinbase COO Asiff Hirji sat down with Bloomberg, and stated the exchange expects $1.3 billion in revenue for … Continue reading “Coinbase Projects $1.3 Billion Revenue for 2018”

Coinbase and BlackRock Join Race for Cryptocurrency ETF

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Exchange-Traded Funds (ETF) have been one of the biggest question marks for cryptocurrencies this year. The US SEC continues to investigate and deliberate. And they keep turning proposals down. However, as we start wrapping up 2018, things may be looking up for a crypto ETF. Why does an ETF matter? For investors, an ETF could … Continue reading “Coinbase and BlackRock Join Race for Cryptocurrency ETF”

The Next 3 Coins that Could List on Coinbase

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Over the last few weeks, 0x (ZRX) was added to the Coinbase platform. Before that, it was Ethereum Classic (ETC). Now, we’re attempting to figure out who may be next.  Leading the list is Ripple (XRP). Coinbase: Ripple Ripple has become one of the most popular coins on the market.  If offers a financial settlement service … Continue reading “The Next 3 Coins that Could List on Coinbase”

Coinbase Gets Approval to Offer Crypto Custody Services

Posted on Categories Bitcoin, Blockchain, Business, Cryptocurrency, Ethereum, General, Regulations, Technology, UncategorizedTags , , , , , , , Leave a comment on Coinbase Gets Approval to Offer Crypto Custody Services

On Tuesday, the New York Department of Financial Services and Coinbase announced that the exchange now qualifies as a custodial firm for cryptocurrency. Coinbase formed a subsidiary for custodies, the Coinbase Custody Trust Company LLC. They can now offer custody services for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), and … Continue reading “Coinbase Gets Approval to Offer Crypto Custody Services”

Coinbase Adds Its First Stablecoin, USD Coin (USDC)

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The mighty crypto exchange Coinbase announced on Tuesday that its new stablecoin, USD Coin (USDC) is now available on their exchange. Until recently, one of the drawbacks to the popular exchange was that it was only supporting the top coins plus fiat But the addition of USD Coin (USDC) marks their first stablecoin and their … Continue reading “Coinbase Adds Its First Stablecoin, USD Coin (USDC)”

What You Should Know about Cryptocurrency Taxes Now

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We’re still six months from having to file our taxes. But it’s never too early to start thinking about what you may, nor may not owe. Otherwise known as our “favorite time of the year,” it’s one of the life’s two certainties.  And while we may find taxes to be… ahem, taxing, we can’t avoid … Continue reading “What You Should Know about Cryptocurrency Taxes Now”

The Binance Effect: Decred (DCR) Soars 24% on Listing

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Much like the Coinbase Effect that boosted Ox (ZRX), the Binance Effect is pushing Decred (DCR) up more than 24% on the day. After consolidating just under $40 since August 2018, the coin is beginning to break out above its 50-day moving average.  Additionally, it broke well above double-top resistance.  If it can maintain this … Continue reading “The Binance Effect: Decred (DCR) Soars 24% on Listing”