BlockFi (a crypto asset management company) has announce that it has updated it interest rates. Accounts with over 25 Bitcoin BTC will receive a 0.15% increase in interest rate, and those with ether (ETH) balances between 25 and 75 ETH will decrease from 6.2% to 3.25%. BlockFi has been facing criticism from industry personnel targeting at the company’s terms and conditions, which allow the firm to set the interest rate each month at its sole discretion.
Cryptoexchange Poloniex has announced that it will block number of US crypto traders Ignis, Bytecoin, Decred, GameCredits and few others. The Poloniex explained, “Today’s action is a result of regulatory uncertainty in the US market. Specifically, it is not possible to be certain whether US regulators will consider these assets to be securities,”
A research study by Southern Methodist University revealed that the volume of tweets and Google Search Volume Index (SVI) were found to be leading price indicators for Bitcoin and Ethereum. The researchers found that there 21 million bots on Twitter posting mostly factual information about prices, advertisements, spam etc. Not humans having real discussions about how they feel about either Bitcoin or Ethereum.
ETrade Financial Corp. may be the next online stock trading platform to offer support for cryptocurrencies. ETrade entering the cryptocurrency market is being seen as a potential boost for the market’s legitimacy. People familiar with the matter said that the company is getting close to launching cryptocurrency trading and will start with support for buying and selling Bitcoin and Ethereum with other cryptocurrencies to follow.
Dapper Labs, the team behind the first major blockchain collectibles game, CryptoKitties, began accepting early access sign-ups for its next release, a new Ethereum (ETH) wallet called Dapper, which is built to support blockchain gaming assets. Dapper will support ERC-721 tokens and a range of ERC-20 tokens, including the major Ethereum-based projects like Basic Attention Token (BAT) and Maker (MKR).
A division of the cryptocurrency exchange Coinbase, Coinbase Pro have recently added three new cryptocurrencies that are EOS (EOS), Augur (REP) and Maker (MKR) in the platform. Coinbase then explained, “One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time.”
A new version of Ethereum Wallet Dapp has been launched in Opera which aims to enable the users to perform transactions and network with blockchain-powered Internet-Web 3. It will be in line with the cryptocurrency wallet in the Opera browser for smartphone and guarantees to “safeguard user’s data from third parties and secures their geographic location.”
The Jamaica Stock Exchange (JSE) has brought out a limited pilot to trade Bitcoin (BTC) and Ethereum (ETH) by signing agreement with Blockstation (a Canadian fintech company) to develop tools for the trading of digital assets and security tokens. They are also planning to launch broker-dealers in crypto trading.
A Digital gift cards and mobile phone refill provider Bitrefill has made it possible for the cryptocurrency enthusiast to utilize their cryptocurrency gift cards to make reservations on Airbnb. The users are now allowed to pay for their bookings with bitcoin (BTC), Ethereum (ETH), Dash (DASH), Litecoin (LTC), and Dogecoin (DOGE) where the card will be treated as a voucher product.
A FinTech startup, 2gether has recently shared that its upcoming prepaid Visa debit card, which will enable its users to spend their cryptocurrencies. The cryptocurrency payment option will be made available in 19 eurozone countries and will be offering in the total of seven cryptocurrencies such as Bitcoin, Ether, XRP, Bitcoin cash, EOS, Stellar, and Litecoin.