Paxos

MassMutual-owned fintech Flourish launches a new service to connect financial advisory clients with bitcoin

Source Node: https://www.theblockcrypto.com/post/119140/massmutual-owned-fintech-flourish-launches-a-new-service-to-connect-financial-advisory-clients-with-bitcoin?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 9:00 AM - Modified On: September 30, 2021 - Published By:
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A fintech company owned by MassMutual is launching a service that lets registered investment advisors (RIAs) and their clients tap into bitcoin investments.Flourish’s new service, dubbed Flourish Crypto, reflects the growing intersection between traditional finance and the digital asset space, and it’s a bet on what the company says is growing demand among financial advisory clients for bitcoin. The offering is being launched in partnership with Paxos, which is supporting the execution and custody side of things. The New York-based startup has inked key relationships with payments and financial services

Fake News Moves Market | This Week in Crypto – Sep 20, 2021

Source Node: https://99bitcoins.com/bitcoin-news-summary-sep-20-2021/
Time Stamp: September 20, 2021 1:00 AM - Modified On: September 20, 2021 - Published By:
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 Fake Walmart news crashes the crypto market, Revolut pays for office space in Bitcoin and a statue for Satoshi. These stories and more this week in crypto. A press release claimed early this week that Walmart had partnered with popular altcoin Litecoin. The news was widely celebrated by crypto fans, and the price of Litecoin along with the rest of the crypto market surged heavily in minutes. However, within an hour, both Walmart and the Litecoin Foundation denied any relationship, that news quickly crashing the market. The cryptocurrency-infused financial

Gold Tokens Reach Milestone Market Cap; Does This Pose a Threat to Bitcoin?

Source Node: https://bitcoinist.com/gold-tokens-reach-milestone-market-cap-does-this-pose-a-threat-to-bitcoin/?utm_source=rss&utm_medium=rss&utm_campaign=gold-tokens-reach-milestone-market-cap-does-this-pose-a-threat-to-bitcoin
Time Stamp: August 12, 2020 11:00 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin and gold have been rising in tandem, as the dollar has been falling. It has also driven the growth of the market cap of digital gold tokens, backed by the precious metal commodity, to record highs. What exactly has caused this rapid growth in market cap, and does this pose any threat against Bitcoin? Market Cap of Commodity-Backed Gold Tokens Soars 1000% In 2020 Bitcoin and gold share several key similarities, such as supply scarcity. Bitcoin’s benefits soon begin to outweigh the precious metal, especially in terms of storage

Both Crypto Derivatives and Spot Markets Post Record Volume in March

Source Node: https://cointelegraph.com/news/both-crypto-derivatives-and-spot-markets-post-record-volume-in-march
Time Stamp: April 5, 2020 3:06 PM - Modified On: May 21, 2021 - Published By:
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CryptoCompare has published its monthly report analyzing the trade activity on crypto exchanges.The record-breaking crash of March 12 and 13 drove new all-time volume highs in both the spot and derivatives markets.March 13 sets record for daily spot tradesThe report states that March 13 produced the single greatest volume in the history of crypto assets — with all exchanges and markets producing $75.9 billion in trade activity over 24 hours.$54.3 billion of 71.5% of trades came from ‘Lower Tier’ exchanges, while ‘Top Tier’ exchanges generated $21.6 billion in volume.Despite Binance

Amid Widespread Privacy Coin Delistings, Bitstamp Considers Zcash Support

Source Node: https://cointelegraph.com/news/amid-widespread-privacy-coin-delistings-bitstamp-considers-zcash-support
Time Stamp: April 3, 2020 12:00 PM - Modified On: May 21, 2021 - Published By:
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Bitstamp, one of the longest-running active cryptocurrency exchanges, is considering launching a batch of new crypto asset listings.Curiously, Bitstamp is contemplating support for Zcash (ZEC), despite an increasing number of exchanges seeking to distance themselves from privacy coins due to associated regulatory risks.Bitfinex considers first new listings in 3 yearsOn March 31, Bitstamp announced it is “actively exploring” support for seven crypto assets, including two stablecoins and one privacy coin.The prospective listings comprise Basic Attention Token (BAT), Ethereum Classic (ETC), Stellar Lumens (XLM), Paxos Standard (PAX), 0x (ZRX), USD Coin