Circle Reveals $24 Billion Cryptocurrency OTC Trading Volume in 2018

Goldman Sachs-funded cryptocurrency startup, Circle, recently released its list of accomplishments for the year 2018. The company says it executed over-the-counter (OTC) crypto trades to the tune of $24 billion in notional volume. Circle Does $24 Billion in Cryptocurrency OTC Trading Circle announced its 2018 achievements in a blog post published by the company on Thursday (January […]

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Cryptopia Restores Bank Support: NZ Dollar Token to Relaunch in 2019

The New Zealand dollar token (NZDT) is set to be re-released early next year after it was suspended by the New-Zealand based Cryptopia exchange in late 2017. Local media in New Zealand recently reported the New Zealand dollar token (NZDT) will be re-released in early 2019. The NZDT is the first virtual currency token to be […]

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Tether Announces Relationship With Deltec Bank in the Bahamas

On November 1st Tether said they have established a banking relationship with the Bahamas-based Deltec Bank & Trust Limited. Tether Limited made a few notable announcements on Thursday, November 1st. Early in the day on Twitter, the firm confirmed a new banking relationship with Deltec Bank & Trust Limited (Deltec), which has a headquarters in the […]

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Huobi Unveils New ‘All-in-One’ Stablecoin for Stablecoins (Except Tether)

Cryptocurrency exchange Huobi announced today that it has launched its very own interchangeable stablecoin dubbed HUSD. “All-In-One Stablecoin” Huobi, which is currently the third largest cryptocurrency exchange by means of traded volume according to data from CoinMarketCap, announced the launch of its own stablecoin HUSD. Notes Livio Weng Vice President at Huobi: It’s our great […]

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Bitcoin Trading at a $300 Premium on Bitfinex Amid Tether Decline

Speculation is rife that people are selling Tether in exchange for Bitcoin. This has led to Bitcoin trading at around a $300 premium on the Bitfinex exchange. Those using the Bitfinex exchange are finding that Bitcoin is trading at roughly a $300 premium compared to other exchanges. Many believe the price upswing is because traders […]

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BitPay-Pal? BitPay Introduces Settlement in USD-Pegged Stablecoins

BitPay, purportedly the largest blockchain payments provider, will allow merchants to accept settlements in USD-pegged stablecoins. Gemini Dollar and USD Coin Get the Green Light The leading blockchain payments provider BitPay announced that it will allow merchants to receive settlement in USD-backed stablecoins, namely the Gemini Dollar (GUSD) and Circle’s USD Coin (USDC). Up until […]

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London Block Exchange Launching Crypto Pound-Backed Stablecoin

The London Block Exchange said they have permission to launch a new virtual currency, the LBXPeg. The stablecoin would be backed by UK Pound Sterling reserves. The London Block Exchange (LBX) is planning to release a new virtual currency pegged to the Pound Sterling. The startup’s CEO Benjamin Dives told Business Insider the first “cryptopound” would […]

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