Crypto Exchange Gemini Lists Bitcoin Cash with NYDFS Approval

Crypto exchange Gemini has announced that it now supports trading and custody activities for Bitcoin Cash (BCH), effective this weekend, with full trading slated to begin on Monday. With the announcement, the exchange platform founded  by bitcoin billionaire twins Cameron and Tyler Winklevoss now supports five cryptocurrencies, namely Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Zcash …

Crypto Exchange Coinbase ‘Exploring’ Support for Ripple (XRP)

After months of waiting, the hopes and dreams of ripple (XRP) investors may finally be realized — at some point in the near future, anyway. Yes, XRP fans, crypto exchange Coinbase has confirmed that it is exploring adding support for the second-largest cryptocurrency to its platform. The San Francisco-based Coinbase announced the move on Friday …

Binance Invests $3 Million in US Crypto Trading Desk

Twitter Facebook LinkedIn Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading. Binance and Koi Trading In a press release yesterday, Binance Labs revealed that it had made a $3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, …

Crypto Exchange KuCoin Proved its Legitimacy by Raising $20 Million

Twitter Facebook LinkedIn Singapore-based KuCoin, a major crypto exchange with an active and loyal user base, has secured $20 million in a funding round led by $20 billion venture capital firm IDG. Michael Gan, the CEO of KuCoin, wrote, “Today, we are thrilled to announce that we have closed our Series A Round of Funding, …

Smart Order Routing Reduces Crypto Exchange Fragmentation

Twitter Facebook LinkedIn The lack of suitable institutional-grade platforms is undoubtedly one of the greatest obstacles to institutional money flowing into the burgeoning field of cryptocurrencies. However, the fact that this type of platform has not emerged so far is somewhat understandable. Not only are cryptocurrency markets a lot less mature than traditional finance markets, …

Ethereum Token 0x Rallies 17% after Exchange Listing

Coinbase may have announced plans to list hundreds of new assets over the coming months and years, but that doesn’t mean that the San Francisco-based cryptocurrency exchange has lost its status as crypto-token kingmaker. Yesterday, on Oct. 11, Coinbase announced that it had begun the process of listing 0x (ZRX), an ERC-20 token that runs …

Bitcoin Cash Evangelist Roger Ver May Launch Cryptocurrency Exchange

Bitcoin cash evangelist and Bitcoin.com owner Roger Ver is considering launching a cryptocurrency exchange that would use BCH as its base currency. The controversial bitcoin cash promoter, once known as “Bitcoin Jesus” for his early support for the cryptocurrency in the years before last year’s BTC/BCH divorce, told Bloomberg that, if his company wanted to, …

Goldman-Backed Circle is Selling Cryptocurrency ‘Collections’

Circle Invest announced today the launch of three new collections of index funds for cryptocurrencies. Divya Agarwalla, Senior Vice President at Circle, posted on the company’s blog that the “Buy the Market” feature “…was so successful that over 30% of our users are taking advantage of it. As CCN reported, Circle released this feature in …

TD Ameritrade, Trading Giant Virtu Invest in U.S. Cryptocurrency Exchange

Retail brokerage giant TD Ameritrade and high-frequency trading firm Virtu Financial have invested in a cryptocurrency exchange that seeks to bridge the gap between Wall Street and the burgeoning cryptoasset ecosystem. Futures Market Relaunches as Cryptocurrency Exchange Originally launched as a traditional futures market in 2010, The Wall Street Journal reports that this exchange — …

U.K. Exchange Launches GBP-Pegged Cryptocurrency

The London Block Exchange has announced the launch of a GBP-pegged cryptocurrency stablecoin called LBXPeg. In a statement posted on its website, LBX revealed that the so-called “cryptopound” will be tied to the value of GBP held in an auditable U.K. bank account on a 1:1 basis. Speaking to Business Insider ahead of the launch, LBX CEO, …