### Cryptocurrency exchanges

10 Best Cryptocurrencies To Invest in for 2021

Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market. While you […]

Introducing The S&P Cryptocurrency Indices

Summary For us at S&P DJI, this is an exciting time because this new asset class is bringing unprecedented change to our financial ecosystem and the mindsets of market participants. But along with opportunities, this asset class comes with a host of new challenges. As an emerging space, one of the biggest issues is a […]

South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million

Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, including several others totaling up to […]

South Korean Gaming Giant Planning to Buy Crypto Exchange Bithumb for $460 Million

Nexon, the South Korean multi-billion-dollar gaming conglomerate, is reportedly planning to buy a 65% stake in troubled crypto exchange Bithumb in a deal worth about 500 billion won ($460 million). ● According to local media reports, Nexon is to buy all the shares owned by Bithumb chairman Lee Jung Hoon, including several others totaling up […]

Bitcoin volatility resumes after US$40,000 topped for first time

Bitcoin’s wild price swings resumed after the the world’s largest cryptocurrency climbed above US$40,000 for the first time. After jumping as much as 11 per cent to US$40,394, Bitcoin fell around US$3,500 in about half an hour and continues to fluctuate. Prices vacillated as much as 17 per cent on Monday. The digital token has […]

Uphold Will Continue to List XRP & Allow Trading, Unless A Court Decision Favors the SEC

Uphold, a crypto exchange operator and payments processor announced in a press release on Monday that it will not be delisting XRP despite its ongoing woes with the SEC. According to the post, Uphold will only delist XRP if the SEC’s complaint against Ripple is ‘adjudicated to determine that XRP is currently a security, or […]

Bitcoin adoption will rise: 50% of biggest companies will hold BTC by end of 2021

Data from the exchange Kraken indicates an increase in companies adopting Bitcoin as a reserve asset. Assets under management by Grayscale exceed $15.5 billion with the majority allocated to BTC Trust. Crypto exchange Kraken has made a prediction about the level of adoption that Bitcoin will reach in the coming year. In a paper presented […]

Binance records $80BN in daily volume as crypto market rises

The cryptocurrency market rally saw Binance record a daily high trading volume of $80 billion across its spot and derivatives platforms The crypto market has been on a rally in the past few months, and crypto exchanges have benefitted from the situation. Binance, the world’s largest digital asset platform by trade volume, is breaking records, […]

Southeast Asia’s Biggest Bank, DBS, Launches Digital Exchange for Institutions

DBS Digital Exchange will support trading of BTC, ETH, XRP, & BCH against SGD, USD, HKD, & JPY and offer custody and tokenization services. Southeast Asia’s biggest bank, DBS Group Holdings, is ready to launch an exchange for cryptocurrencies that will provide trading, custody, and tokenization services to institutional and accredited investors. The Singapore exchange […]

PayPal Now Lets All US Account Holders Buy And Sell Cryptocurrency

PayPal has announced that it will now let its users in the US buy, sell, and hold cryptocurrencies right from their PayPal account. The feature was partially available in the US but PayPal had been onboarding interested customers via a waitlist. “With the update, users will no longer have to wait for a spot to […]

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